Murray Goulburn Co-operative, an Australia-based dairy company, has implemented SAP software to transform its loan management system.
SAP said that the new system has increased Murray Goulburn Co-operative's (MGC) data clarity, accuracy, and transparency - putting the company in a position to offer more financing opportunities that will support its farmers with short-term funding needs.
MGC said that it was important that software tools were in place to support increased demand. With the new system, MGC is expected to offer its members low interest and flexible loan options.
The new software from SAP has reportedly improved reporting capabilities and audit processes and helped increase the funding opportunities that the dairy company can offer to its members.