The Challenge
The finance industry is notoriously complex and always in need of simplifying as many of its operations and activities as possible. Our client, Finance in Motion, carries out multifaceted functions and projects in developing countries
with the purpose of raising funds and contributing to social and environmental development. The scope of these projects varies from microfinance and small business development to energy and resource efficiency, biodiversity conservation,
and climate action.
Aside from funding and managing these projects, Finance in Motion also provides the needed technical infrastructure to establish smooth and seamless processes. The company’s line of work covers the following areas:
- Investment management
- Technical assistance
- Risk management
- Impact and sustainability
- Sector specialization (green finance and micro & small business finance)
- General fund services
- Regional market presence (Southeast Europe, the European Eastern Neighborhood Region, Latin America, the Middle East and Africa).
To effectively manage their operations, the company needed better software solutions than it had relied on previously. The operations executed by the different departments of Finance in Motion were essentially slowed down because their
legacy systems were no longer sufficient in terms of functionality and performance.
Having to rely on excel sheets artificially increased the manual work load and consumed time that could otherwise be used more efficiently. Finance in Motion needed a software partner that would help them overcome these challenges,
and they chose VOLO to help them with their digital transformation efforts.