Manufacturing
Procure-to-Pay
Mandatory dual biometric approval built into the payment process itself, on payment streams running host to host into vendors’ banks.
- Customer
- Consol Glass, South Africa
- factories, 17 export markets
- 4
The customer
With over half a century of glass manufacturing experience in South Africa, Consol has a heritage that is truly South African and assumes its position as industry leader with pride. From early beginnings at a small glass manufacturing plant in Natal in the early 1940s, Consol has enjoyed steady growth and is the leading glass packaging manufacturer in South Africa, with a market share of 79%, exporting to 17 African countries.
Previously a listed company, Consol Limited officially became Consol Glass (Pty) in April 2007 after a successful takeover bid led by private equity firm Brait. It employs some 1,800 people and is headquartered in Johannesburg.
The challenge
The procurement landscape is complex: multiple manufacturing and retail locations, and host-to-host payment streams going directly to vendors’ banks.
- Mitigate the risk associated with vendor payment approvals
- Provide for mandatory dual biometric approval built into the payment process
- Enforce biometric authentication of high-risk activities
- Prevent non-biometric users from accessing high-risk functional areas
- Tamper-proof logging of all restricted activities, including failed or unauthorised attempts
What was secured
- Streams of vendor payments serving the needs of four factories
- Retail product return cash operations
- Segregation of duties in procurement