Discover how SDG Group helped Afreximbank automate their budgeting and planning, replacing manual data collection and Excel work with an integrated, collaborative platform that delivers accurate financial outcomes and a more efficient planning cycle.
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Success Stories
Afreximbank Success Story: Transforming Budgeting into a Strategic Advantage
About the bank:
Afreximbank (African Export-Import Bank) is a pan-African multilateral financial institution established to promote and finance intra- and extra-African trade.
It provides trade finance, project and investment finance, advisory services, and risk mitigation solutions to support economic growth, industrialization, and regional integration across Africa.
THE CHALLENGE
Afreximbank’s planning and budgeting process relied heavily on excel sheets, with data spread across multiple sources. This made it challenging for departments to work together effectively. Operational and financial plans weren't connected, thus forcing the finance team to manually link everything.
THE SOLUTION
Comprehensive solution that supports the finance team in consolidating financial data, setting global assumptions, and creating multiple budget scenarios. Its assist in linking bottom-up modeling with department-level plans and variable income/expense drivers. The solution streamlines the process, enabling efficient sourcing, funding, and comprehensive reporting.
