CARE USA Selects Expertus Multibank Solution to Support International Cash Management Activities

26 October 2016

Today, Expertus announced that CARE USA selected Expertus Cash and Treasury Management Solution to support their international cash management activities

The ongoing efforts by CARE USA’s Treasury Unit, which manages the charity’s global cash management strategy and operations, to transform its payment and reconciliation processes had started in 2012 with the adoption of Expertus SWIFT Service bureau to connect the organization’s 300-plus accounts in over 40 countries around the world with their ERP system. Today, the scope of CARE’s treasury strategy extends beyond SWIFT connectivity in search of value added services, optimal market practices and assistance with regulatory requirements.

Leveraging state-of-the-art technologies, Expertus’ multibank solution enables CARE USA to have enhanced visibility of its accounts worldwide with a unique user experience that offers simplicity, visibility and efficiency, while mitigating risk and supporting regulatory compliance.

“We are committed to achieving the highest possible standards of accountability and cost-efficiency in a way that best fulfills our humanitarian objectives. Expertus has been an outstanding business partner for CARE, and we continue expanding our reliance on their multibank, multicurrency solution, as well as their technical expertise, to support our cash management strategy in some of the world’s most vulnerable regions” said Steve Zaubi, Director, Global Treasury Services, CARE USA.

“Indeed, we are glad to participate, in the best way we can, to help CARE achieve its noble objectives,” commented Jacques Leblanc, CEO and founder of Expertus. “We would also like to thank CARE for the trust they have placed in us since 2012” added Mr. Leblanc.

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