1Challenge
MARA disburses and collects funds across many programmes and channels. Without a consolidated platform, payment, reconciliation and collection run as separate manual processes, and the cash position is hard to see in time to act.
2Solution
Our cash management and treasury platform streamlined MARA’s payment process end to end — payment and disbursement, reconciliation, monitoring and collection — with virtual accounts to identify each payer.
3Implementation
- 2014
Platform implemented at MARA.
- Ongoing
The system has been scaled to meet MARA’s growing cash management needs.
4Technology
- SELARI® reconciliation engine
- Virtual accounts
- Centralised payment management
- Host-to-host bank integration
5Deployment
A long-term active client relationship since 2014.
6Result
12 yrscontinuous use since 2014
- One platform for payment, disbursement, reconciliation, monitoring and collection
- Virtual accounts for transparent identification of payments
- Scaled with MARA’s growing requirements
