About the Customer
Development Bank of Rwanda (BRD) provides sustainable development finance for socio-economic impact in Rwanda. Ever since BRD began operations in 1967 it has been a trusted strategic partner for Rwanda’s development, offering many investment financial solutions to enhance value to their stakeholders, and is now one of the leading banks licensed by the National Bank of Rwanda. In partnership with the Rwandan government, the Bank aims to primarily focus on financing projects to enhance rapid infrastructure development along with other strategic projects to promote economic transformation of Secondary Cities and their respective population.
Challenges
Lack of automation and cohesion across verticals. Need to technologically update business processes, implement real-time tracking of financial data.
Solution
Aspire implemented Oracle Fusion financial management tools to streamline management of ledgers, accounts, assets and cash. Transition to Oracle Cloud ERP for better economic viability and quicker business processing. SaaS-integration to optimise workflow management.
Results
Moved and adopted to cloud -based applications that increased efficiency. Consolidated back-office processes leading to reduced manual intervention requirements. Provided real-time access to live financial data yielding visible gains. Quantifiable savings in time, cost and resources.
