Kone Corporation

Secure and harmonized bank connectivity is the backbone of KONE’s global cash processes

Kone Corporation

The leader of elevator industry, KONE, strived for cash and bank harmonization. With OpusCapita, they implemented a streamlined and secure solution for global bank connectivity.

"OpusCapita is a well-established company with knowledgeable experts. We have been happy to work on a global project of this scale with such an agile partner."

Sirkku Markula Corporate Treasurer, Senior Vice President, KONE Corporation.

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challenge
challenge

Operating in more than 60 countries, KONE needed a solution to harmonize the cash and bank processes globally. They wanted to introduce uniform ways of working to their four Shared Service Centers in Slovakia, India, Malaysia, and China; improve security; and simplify user rights management.

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SOLUTION
SOLUTION

KONE opted for OpusCapita’s Global Bank Connectivity solution. Solution is integrated to SWIFT Alliance Lite 2 Service for global reach. With the cash and bank harmonization, KONE has improved the efficiency of incoming and outgoing payments handling in their SSCs, and laid the groundwork for automation and further harmonization of Finance and Treasury processes.