P.J. Lhuillier Inc. (PJLI), the parent company of the Philippines’ largest microfinancial services provider Cebuana Lhuillier, tapped leading software solutions provider Multisys Technologies Corporation to accelerate the group鈥檚 ongoing digital transformation efforts and expand its commercial services.
Through the technology partnership, MultiSys will help improve PJLI鈥檚 business processes that will digitalize the company鈥檚 operations and increase its overall organizational efficiency. MultiSys will also integrate with PJLI鈥檚 cash collection and distribution facilities, including its corporate payout, remittance, insurance, and micro saving solutions to various platforms鈥攂oosting PJLI Group鈥檚 digital financial services.
PJLI鈥檚 corporate payout and remittance will be integrated to MultiSys鈥 CashBox, a platform that connects cash transfers from digital channels to physical branches, while PJLI鈥檚 insurance products will be integrated with MultiSys鈥 other platforms via application programming interfaces (APIs). PJLI鈥檚 micro savings will also be available to select mobile apps developed by MultiSys.
Cebuana Lhuillier President and CEO Jean Henri Lhuillier, in a message, said, 鈥淒igital technologies are radically transforming the business landscape. The current health crisis has especially changed the game, further taking things to new heights. We at PJ Lhuillier Group will do what we must to scale our solutions with the best of fintech and digital technologies in the country, to be able to cater and elevate the ever-evolving financial services needs of Filipinos.鈥
鈥淭his partnership with Multisys affirms that decades-long commitment in providing relevant services by continuously expanding our reach, developing more innovative platforms, and exploring more untapped channels to enable the unbanked and underbanked Filipinos better access to financial services,” added Cebuana Lhuillier Senior Executive Vice President Andre Lhuillier.
