Case Study: Coca‑Cola achieves streamlined global bank account management and reduced fraud risk with Fiserv's Weiland BAweb

The Coca-Cola® Company Streamlining Bank Account Management Across the Globe

Coca-Cola faced a time‑consuming, spreadsheet-based process for managing hundreds of bank relationships across more than 200 countries and territories, which exposed the company to fraud and compliance risk. To solve this, Coca‑Cola chose Fiserv’s Weiland BAweb to automate bank account, signatory and legal-entity management and replace manual tracking.

Fiserv implemented Weiland BAweb as a consolidated, web-accessible database with built-in BPM workflows and integration to Coca‑Cola’s Reval Treasury Management System, providing immediate, auditable visibility into accounts and automated nightly updates to the TMS. The solution eliminated manual spreadsheets, streamlined account openings and closings for about 22 account managers, reduced fraud and compliance risk, improved control and delivered clear time savings and reporting efficiencies.

Coca-Cola

Kelly Angelo

Manager of International Treasury Services