FIS
147 Case Studies
A FIS Case Study
Wolverine Worldwide, a global designer and marketer of footwear and apparel, faced a centralized treasury run on manual spreadsheets and online banking portals that consumed staff time and increased operational risk. Seeking a SaaS treasury management system with cash management, risk and hedge accounting, global bank connectivity and bank account administration, Wolverine Worldwide selected FIS’ Integrity SaaS (Version 10) to replace manual processes and provide a secure, cloud-hosted platform.
FIS implemented Integrity SaaS as a managed SaaS solution, delivering SWIFT-enabled bank connectivity, automated global cash positioning and an interface for automated GL posting to the ERP. The deployment reduced manual work and risk, improved operational efficiency and global cash visibility, lowered total cost of ownership through automated upgrades and maintenance, and gave Wolverine Worldwide a single FIS contact for application and infrastructure management—enabling the treasury team to focus on higher-value activities and plan advanced FX risk and hedge accounting.
Heather Wilson
International Treasury Manager