Toyota Capital Malaysia, a joint venture between Toyota Financial Service of Japan and UMW Corporation, will deploy SunGard’s AvantGard Treasury (Integrity) to manage treasury and cash management, in a move to expand its business.
The AvantGard Treasury solution will allow Toyota to improve operational efficiency by optimising resources and having access to more accurate and timely information to enhance decision-making process, claims SunGard.
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Toyota Capital Malaysia president Kuah Kock Heng said that the company’s primary focus is to improve cash visibility through controlled straight-through-processing, integration with other systems and timely accurate management reporting.
"SunGard’s AvantGard Integrity meets those needs and is scalable to support mid-term business growth," added Heng.
Toyota Capital Malaysia provides automotive financing services for Toyota customers. It finances personal, business, and single vehicles, as well as fleets.
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