9 x faster - Automation of key business processes
The challenge
The North American treasury of Toyota Financial Services (TFS) manages unsecured short- and long-term funding across major currencies, supporting a wide range of financing and investment activities.
Historically, treasury staff spent significant time manually updating static and transactional data across systems — an effort-intensive process prone to errors and delays. Michael Valmidiano, Treasury Systems and Project Manager at TFS, saw an opportunity to transform operations using SkySparc’s OmniFi to automate recurring workflows and streamline data management.
“We originally took OmniFi for its reporting capabilities, but the functionality has developed so much since then. It’s really changing the way we look at tasks and adding huge value for us". - Michael Valmidiano, treasury systems and project manager, Toyota Financial Services
When TFS introduced a new Commercial Paper program for a Canadian subsidiary, the team used OmniFi to automatically load approximately 200 transactions — a process that previously required extensive manual input. The result was faster, more reliable, and fully auditable data handling.
Encouraged by this success, Valmidiano and his team expanded automation to additional areas of treasury operations.
The solution
Working with SkySparc’s consultants, TFS identified several high-impact workflows ideal for automation, starting with static data management for asset-backed securities (ABS).
This task involved mapping multiple accounting and cash flow types — a complex configuration process that had been highly manual.
Using OmniFi, SkySparc created a simple, intuitive interface that eliminated manual data entry. The process now completes in around 20 minutes instead of three hours, with higher accuracy and reliability.
Another recurring task, uploading fixing quotes for amortizing swaps and bond transactions, was also automated. OmniFi now executes this roughly nine times faster, without human intervention or input errors.
TFS also applied OmniFi to automate testing and migration of new treasury products from test to production environments — another process that now runs in minutes instead of hours, with complete traceability.
OmniFi is adding considerable value through saving time and valuable treasury resource, and also by improving the reliability and accuracy of repetitive data processing". - Michael Valmidiano, treasury systems and project manager, Toyota Financial Services
The result
With OmniFi, TFS now runs key treasury processes automatically and with full confidence in data accuracy.
Specialist staff no longer spend time mapping data or performing repetitive updates, freeing resources for analytical and strategic work.
Processes that once took hours are now completed in under 20 minutes.
Automation has also eliminated errors caused by repetitive manual handling, significantly improving data quality and process reliability.
The treasury has since adopted OmniFi’s Scheduler to automate report generation and delivery, and the Interface Builder to easily create data connections without coding — further boosting responsiveness and independence.
“I’m really impressed with the way SkySparc has developed OmniFi; it’s a really valuable tool, and we’re just at the beginning of what it can do for us.”— Michael Valmidiano
Since its first financing contract in 1983, Toyota Financial Services (TFS) has grown from a small team of eight to a nationwide organization of approximately 3,800 team members, managing over USD 150 billion in assets. TFS provides retail and wholesale financing, leasing, protection products, and other financial services to Toyota and Lexus dealers, affiliates, and customers across the United States. It is part of the global Toyota Financial Services Corporation (TFSC) network and a subsidiary of Toyota Motor Corporation (TMC) in Japan. www.toyotafinancial.com
