Toyota Financial Services Corporation
Toyota Financial Services reduces manual work and gains control over the financial close process with Adra Balancer.
Toyota Financial Services Corporation (TFSC), wholly owned by Toyota Motor Corporation (TMC), was established in July 2000 as a holding company of Toyota’s financial subsidiaries worldwide and offers financial products and services to support Toyota vehicle sales such us Toyota or Lexus in more than 30 countries/locations. In Sweden Toyota finances around 39.000 vehicle contracts with a value of SEK3.9 billion.
Since implementing Adra Balancer, Toyota Financial Services has improved their monthly financial reconciliation and closing routines by gaining control over the entire month-end process with full visibility and greater accuracy.