- Country: Venezuela
- Industry: Financial Services
- SAP Digital Business Services Portfolio: SAP Digital Business Services
Banesco is a financial institution from Venezuela. Since the very beginning, Banesco aimed to continuously grow to achieve a strong presence in high potential markets. To do so, Banesco not only needed to update the solutions it already used in operations in Venezuela but also to automate the management and implement technology to optimize processes in Panama and the Dominican Republic. By simultaneously moving from the SAP ERP application to SAP HANA Enterprise Cloud at headquarters and unifying three other group companies and their legacy systems on SAP S/4HANA with SAP Process Integration technology, Banesco group companies could reduce costs and increase efficiency by optimizing processes with a digital core.