Ensuring the Financial Future of Entire Generations with Microsoft Dynamics 365
For many of us, Trinidad and Tobago is a vacation destination. But this island nation is also home to people who strive for financial security and stability -- something that can be a real challenge.
With the formation of the Trinidad and Tobago Stock Exchange in 1982, citizens had their first opportunity to invest at the national level. Before the introduction of the exchange, the only other savings alternative was something called a
Following a similar principle, the
Creating a Future that Works for All Citizens
From the beginning, the Unit Trust has been focused on more than simply earning a profit. Their mission is to give every citizen the opportunity to achieve financial stability. There are countless success stories, too, including one woman from a rural area who began with just a few hundred dollars in savings, who now owns millions of dollars in real estate investments.
Given that it has more than half of Trinidad and Tobago’s money in its trust, the Unit Trust works hard to ensure that funds are invested in the right types of equities. This requires constant innovation -- and that innovation requires the right technology.
Innovation and Technology Working Together
With more than 600,000 citizens’ money invested in the Unit Trust, the stakes are high: the future of these people depends on them.
Not long ago, the Unit Trust was relying on an SAP ERP system, which was outdated and maintenance heavy, leaving the company to rely on Microsoft Excel for both annual reporting and analytics. They set a goal of achieving a 5-year digital transformation and needed an ERP system that could help them grow while reducing costs.
Microsoft Dynamics 365 and AKA Enterprise Solutions
The management team at the Unit Trust did their homework. First, they knew that they needed an ERP solution that could improve their reporting, give them better insight into supply chain management, increase efficiency and decrease costs. Eventually,
In addition to their new ERP platform, they also knew they needed to find the right technology partner who could help them successfully achieve their digital transformation, particularly given the size and scope of what they wanted to achieve. Many of the partners they considered didn’t meet their needs.
When Microsoft recommended AKA Enterprise Solutions as a top company for
The Benefits of a New and Updated ERP System
As the project progressed, AKA proved to be an excellent choice. The project was completed on budget and ahead of schedule. What’s more, the Unit Trust was highly satisfied with their new ERP solution. With Microsoft Dynamics 365 ERP, the corporation has been able to increase sales targets, effectively offering the opportunity for financial security to more individuals in Trinidad and Tobago.
Nigel Edwards, Executive Director of Unit Trust Corporation, sums it up best:
“Our team has formed a special bond with the AKA team...There was always an atmosphere of mutual sharing, and that's important, because our mission is simple: To ensure the financial well-being and security of every household in Trinidad and Tobago. The Microsoft platform is giving us new and better ways of doing that every day, so we appreciate the involvement of AKA in taking us there.”
ABOUT AKA ENTERPRISE SOLUTIONS