Case Study: Tan Chong Motor Holdings Berhad achieves faster reconciliations and greater cash visibility with Kyriba

Driving the Wheels of Change for Improved Control and Efficiency at Tan Chong Motor Holdings

Tan Chong Motor Holdings (TCMH) is a 50-year-old Malaysian automotive conglomerate with more than 13,000 employees, 100+ subsidiaries across 15 countries and annual revenues around $4B. Rapid diversification left treasury highly decentralized—over 600 bank accounts, nine legacy systems and staff logging into 15 banking portals—resulting in poor cash visibility, manual, error-prone processes and weak liquidity control.

TCMH implemented Kyriba’s cloud suite for cash management, forecasting, risk and SWIFT connectivity to standardize and automate treasury operations. Reconciliations now take less than half the previous time with half the staff, freeing about a week per month for strategic work, improving cash visibility and auditability, and enabling a move toward e-payments across the group.

Tan Chong Motor Holdings Berhad

Wan Chun Shong

Group Treasurer