IFA Group, first Spanish company to implement Supply Chain Finance with All CMS
Founded
1967
Headquarters
Madrid, Spain
Industry
Distribution
Operations
Spain, Portugal, Italy
Turnover in Spain
19.195 billion euros
Cash management at Grupo IFA presented operational and structural challenges
Key challenges:
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Coordination of multiple teams in a highly complex environment.
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IT resource limitations that affected operational availability.
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Initial implementation of reverse factoring without a bank connection
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Assessment of the project’s feasibility and organizational impact.
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Selection of the most appropriate technological solution for its financial model.
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Integration of internal systems, banking entities, and the TMS platform.
Thanks to All CMS, we were able to transform our treasury into a strategic function. Their team accompanied us throughout the process, from choosing the tool to integrating it with our systems, ensuring that every aspect of the project was aligned with our needs.
Ana García-Loygorri, Head of Financial Markets at Grupo IFA
We value All CMS's professionalism and experience in every phase of the project. Their adherence to deadlines and meticulous approach were key to a successful integration without affecting daily operations.
Paula Marilina Ru, Head of IT at Grupo IFA
Our treasury automation solution
The IFA Group has relied on All CMS as a strategic partner to profoundly transform its financial management with the implementation of Kyriba
- Cash Management Module
Daily and automatic reporting of the position with real-time visibility of cash flow. Creation of confirmed forecasts that allow us to anticipate the future cash position and improve the classification of bank movements.
- Payments Module
Generation of payment files in SAP and implementation of signature flows in Kyriba for payment approval. More than 4 million payments managed through the group’s centralized settlement system.
- Connectivity hub
Automatic receipt of bank statements, facilitating reconciliation and daily visibility of the group’s consolidated balances. Integration with banks and connection with more than 123 partner companies in a single solution.
- Supply Chain Finance
- Dynamic Discounting: Active implementation with more than 100 suppliers, enabling real optimization of the use of cash surpluses and anticipation of collections with dynamic discounts, improving cash flow management and strengthening collaboration.
- Reverse Factoring (in advanced stages of implementation): Incorporate bank financing that allows suppliers to anticipate payments without impacting their financial costs.
Do you want to drive global treasury automation in your international group?
Business groups such as Grupo IFA have taken their financial management to a new level by automating their treasury and implementing Supply Chain Finance (SCF) solutions, optimizing processes, integrating their systems, and improving supplier relationships.
Discover the details of the project
With more than 120 associated companies, Grupo IFA needed to digitize its treasury, ensure an integration effective between its ERP (SAP) and its new solution TMS, and move towards an model of finance embedded All CMS accompanied them in the functional and technical definition of the interface between the systems, coordinating with banks, internal teams, and the SAP integrator.
