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Case Studies

SITUATION
Infrastructure Development Bank of Zimbabwe required a new generation integrated system customized to manage a wide range of business departments. The bank was running a Unix-based legacy system which was not user-friendly or flexible to their changing requirements. Information was managed in Excel sheets and the various departments were running different systems. For example, The Treasury was running two systems for their front office and back-end transactions. These issues were posing challenges to the users and management.

SOLUTION
DIT implemented LeasePAC V. 3.0 as the core system for the finance house. The implementation spanned almost all the departments in the bank. The implementation involved customizing the system to incorporate the good features from the previous system plus the benefits of the new system.

BENEFITS

  • Shortened transaction cycles
  • Improved customer service and assisted the bank in getting to know their customers better
  • Cost cutting as the solution was cheaper
  • Easier to meet statutory operational and statutory requirements