Credit Saison India Recognised for Best Investing Solutions at Adam Smith Awards Asia 2024 with IBSFINtech as Technology Partner

Adam Smith Asia Awards 2024 – Credit Saison India: Recognised for Best Investing Solutions

Adam Smith Award is recognised as the ultimate industry benchmark for corporate best practice for Global finance - Global Finance is the world's leading corporate finance publication, uniquely positioned to recognise and reward excellence in the Foreign Exchange sector. The Global Finance award is the most trusted standard of excellence for the global financial community.

In the recent Adam Smith Awards Asia 2024, Credit Saison India was recognised as the Winner in Best Investing Solution, demonstrating excellence in treasury innovation and investment management.

Credit Saison Finance (India) Pvt Ltd. (CS India) is a well-capitalized and rapidly expanding non-banking financial company (NBFC) backed by Credit Saison Co., Ltd., a leading neo-lending conglomerate from Japan. As a prominent multinational subsidiary, Credit Saison is engaged in providing finance to wholesale customers (New age NBFC and Enterprises), SMEs and Consumer through co-lending/partnership model and through its own branches.

Being an NBFC, capital/funding are the lifeblood of Credit Saison India's business. With robust equity infusions from their parent company to fuel growth, securing debt funding from banks and other institutions is essential for Credit Saison's success.

Initially, borrowing, record-keeping, repayments, and MIS were tracked using spreadsheets. This approach led to delays in accessing timely information, required extensive manual effort, and increased the risk of errors or delays in repayments and decision-making due to heavy human dependency.

To overcome these challenges, and effectively manage streamline their operations, Credit Saison India decided to implement IBSFINtech's Treasury Management System.

With IBSFINtech's Treasury Management System (TMS), Credit Saison India automated and optimised investment processes, achieving real-time insights, improved efficiency, and seamless business continuity.