Patanjali partners with IBSFINtech for treasury management solution

Patanjali Group has recently informed exchanges that the company has partnered with IBSFINtech, a globally acclaimed leader in Treasury Management Solutions. This collaboration integrates IBSFINtech’s advanced platform with Patanjali’s existing ERP system, transforming its treasury and trade finance operations.

The deployment of an Integrated Treasury Management Solution (ITMS) marks a significant leap in Patanjali’s digital evolution. With real-time analytics and actionable insights, the platform creates a connected ecosystem, enhancing risk management, organizational agility, and resilience. This enables Patanjali to make informed decisions and drive operational efficiency across its global operations.

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Patanjali Group’s commitment to technological innovation is further exemplified by its integration of AI and Machine Learning, which significantly boosts operational capabilities. The integration supports not only financial operations but also aligns with Patanjali’s global expansion goals, addressing the complexities of Forex management, hedging strategies, and market volatility.

Commenting on the milestone, Sanjeev Asthana, CEO of Patanjali Foods, highlighted that the collaboration redefines financial operations and solidifies the Group’s commitment to innovation and global growth. With this partnership, Patanjali continues to set new benchmarks in the FMCG sector, blending tradition with cutting-edge technology to foster growth and resilience.