Catholic financial services company Catholic Development Fund (CDF) has selected intelligent integration and automation firm Boomi to automate its customers’ corporate card reconciliation process.
Through the partnership, the Catholic Development Fund intends to reduce the complexity of the process and speed up time-to-value for Catholic organisations.
Operating since 1956, the Catholic Development Fund offers financial solutions to Catholic schools, parishes, healthcare, aged care, and social service providers.
It provides tailored lending to credit cards and payments along with innovative and cost-effective solutions that are said to be in line with customers’ values.
Catholic Development Fund product executive manager Jukka Rinta said: “CDF supports Catholic organisations by providing financial products and services. We understand each and every business comes with its own set of financial requirements and technology tools.
“We can’t rely on cookie cutter solutions. With Boomi, we’re able to build unique processes, tailored to each of our customers’ needs.”
The Catholic Development Fund provides automation for complex financial processes to its clients, including Melbourne Archdiocese Catholic Schools (MACS), which oversees the governance and operation 293 Catholic schools in Victoria, Australia.
The company collaborated with Australian advisory and IT solutions provider Atturra to automate and streamline the MACS Corporate Card reconciliation process.
Attura supported Catholic Development Fund to deploy Boomi’s integration platform as a service (iPaaS).
By leveraging Boomi, Atturra helped the Catholic Development Fund to connect core systems, including its core banking system, FlexiPurchase expense management, AWS Secure File Transfer Service, and SharePoint.
The Boomi-integrated environment automatically cross-checks financial data against the various enterprise resource planning (ERP) accounting systems used by MACS’ 293 schools.
This data is delivered to schools through application programming interface (API) payloads and tailored content, making it easy to integrate purchase transactions and relevant financial information into different ERP platforms.
Besides, the scalability of the Boomi environment makes onboarding new schools easier for MACS.
Boomi APJ chief technology officer David Irecki said: “By putting its customers first, CDF has gone above and beyond. This is a true example of value-add, enriching the organisation’s technology capability to move the dial on its customers’ operations.
“With a connected data framework, CDF has helped its customers save several hundreds of hours in manual bookkeeping, which gives its schools time back to invest in student education.”
