11 Sep All CMS consultancy supports AWWG in its digital transformation through the centralisation of international payments
All CMS has implemented a functional model to centralize AWWG’s payments, integrating all of the Group’s treasury tools through the Kyriba Payments platform that supports the company’s digital transformation. During its last fiscal year, the group executed more than 75,000 payments, managing 100 bank accounts in 12 different currencies. AWWG currently has more than 3,500 points of sale, with a presence in 86 countries around the world and a workforce of more than 4,500 employees.
This tool includes a Banking Connectivity module with Swift Communication Hub for more than 100 international accounts and a Payment Flow Management module for the generation of payment proposals in SAP and implementation of the signature workflow in Kyriba by authorized signatories.
Pierre Bouaziz, Partner-Chief Operating Officer of All CMS says: “We are delighted to have partnered with AWWG in their digital transformation process. This project highlights All CMS’s ability to offer advanced technological solutions that optimize our clients’ financial operations. We are proud of the results achieved and are ready to start a second phase of the project together with AWWG ”.
Enrique Luesma, Treasury & Accounts Payable Director of AWWG states: “The help from All CMS was fundamental, as the speed of implementation of the tool was key for us. The experience with the consultancy has been fantastic both in terms of meeting the milestones on schedule and the intangible feeling of ongoing support with the tool. In fact, we are already looking into the possibility of launching a second phase of the project ”.
About AWWG
At AWWG, transformation is part of our DNA. Founded in 1998 under the name Pepe Jeans Group. Headquartered in Madrid, Spain, with design offices in London and Nice, the global fashion group integrates the iconic brands Pepe Jeans London, Hackett and Façonnable. AWWG also has the main franchise and agency for Tommy Hilfiger (Spain and Portugal), as well as the agency in Iberia for Calvin Klein, DKNY, Donna Karan, and Karl Lagerfeld.
AWWG currently has more than 3,500 points of sale, with a presence in 86 countries worldwide and a workforce of more than 4,500 employees of 79 nationalities. As a global retail platform, the Group is committed to constantly evolving and creating brand value through transformation, in line with the changes, challenges and inherent needs of the industry. The three iconic brands are unified as part of AWWG, each maintaining its own DNA and values, built over thirty years in retail with strong design, product development and brand enhancement teams. AWWG continually evolves, pushing boundaries and challenging the status quo to create value through innovative, aspirational and sustainable products that prioritize excellence, craftsmanship, differentiation and quality.
About All CMS
All CMS is a consulting firm focused on the needs of its clients to manage the shift towards new models of treasury management and payment automation. All CMS unites the knowledge of the best treasury applications with the expertise of its team of consultants to guide companies in the transformation of the treasurers’ function. It is recognized for its expertise in financial solutions, offering a complete set of tools to solve two-way banking connectivity, provide immediate visibility of the treasury position, manage intercompany positions, automate bank transaction classification and accounting, and execute payments securely, without risk of manual error or fraud. Its customer-centric approach and proven track record make All CMS the ideal choice for companies looking to optimize their financial infrastructure.
Download the press release on AWWG’s centralization of international payments
Find out more about AWWG’s international payment centralization project
Discover AWWG’s success story on how they automated their treasury management and optimized their finance department’s time with All CMS.
