Kani’s automated reconciliation platform will integrate with Sodexo Engage’s IT, Finance and Operations divisions for the improved management of e-payments, pre-paid cards, gift cards, vouchers, and risk identification data.
The partnership will allow Sodexo Engage to speed up reconciliation of data flows, align reconciliation efforts across the company, and give it more control over its payment data.
Kani will replace Sodexo Engage’s legacy data management systems which ran manually, becoming a drain on time, money, and resources, and lacking the scale required to handle the sheer volume of data processed by the engagement giant. In doing so, Kani will simplify Sodexo Engage’s complex transaction data and provide a single space for data management. In addition, the platform will provide real-time, actionable data insights that allow for Sodexo’s critical business decisions to be implemented faster and with greater efficiency.
Nicole Dunn, Head of Business Process Management of Sodexo Engage UK, commented: “Our partnership with Kani Payments marks an important step forward for Sodexo Engage, one that will help us to better understand the needs of our customers. We process thousands of transactions every day, so the real-time data analytics that Kani provides will ensure that we remain responsive and agile to meet any challenges head on.
“We’re committed to embracing innovative ways of working, with digital solutions such as Kani’s playing a critical part in the future of the business. We’re proud of our forward-thinking approach that allows us to consistently stay ahead of the competition.”
Aaron Holmes, Chief Executive Officer of Kani Payments, added: “It’s brilliant to partner with Sodexo Engage to support its payments data reconciliation, reporting, and business intelligence. A better understanding of thousands, or hundreds of thousands, of datasets allows for meaningful process improvements, while simultaneously freeing up employees’ time.
“As they say, data is the new oil. It is invaluable to modern companies, but complex or encrypted files minimise its worth. By cleaning up data and making it extremely user-friendly, a business can get much more from the information in front of them, not to mention accurate and auditable transactional data, crucial to any payments company.”
Who are Sodexo?
Founded in 1966 by Pierre Bellon, Sodexo is the global leader in services that improve Quality of Life, an essential factor in individual and organisational performance. Operating in 80 countries, we serve 75 million consumers each day through our unique combination of On-site Services, Employee Benefits and Personal and Home Services.
Part of the Employee Benefits division, here in the UK we specialise in responding to the issue of company compensation policies, helping clients enhance their appeal and improving organizational efficiency. In a highly competitive environment, the ability to attract and retain talented people is essential for every public and private organization, regardless of size or market. Knowing how to motivate employees can provide companies with a true competitive edge. Sodexo offers businesses tailored, integrated solutions that bring both economic and tax benefits to help them optimize their compensation policy and enhance their appeal.