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Globe Business Equips Co-Ops with Digital Tools for Growth and Efficiency

December 23, 2024
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Globe Business, a leading digital transformation enabler in the Philippines, empowers cooperatives nationwide with cutting-edge digital tools to strengthen member engagement, optimize operations, and drive sustainable growth.

 

Cooperatives are essential in addressing financial and social gaps, particularly in rural areas. They promote local community development by providing essential services to individuals without access to traditional banking systems, offering stability and economic opportunities. 

 

However, many of these cooperatives continue to rely on manual processes, which limits their ability to improve efficiency and adapt to the evolving demands of the modern era.

 

Today, an estimated 60% of Filipino adults own mobile phones and engage in online transactions, a huge leap from just 11% in 2019, according to the Bangko Sentral ng Pilipinas (BSP) Financial Inclusion Dashboard. Cooperatives are, thus, given an unprecedented opportunity to leverage digital platforms to enhance their services.

 

By utilizing Globe Business’ ICT infrastructure, even cooperatives in far-flung locations can adopt productivity tools. Examples include Google Workspace to improve collaboration across geographically dispersed areas and M360’s SMS Blast for timely and effective member communication and engagement.

 

“As key contributors to economic stability and inclusive development, cooperatives hold immense potential to uplift underserved areas. We strive to bridge the urban-rural divide by helping them scale their operations, embrace innovation, and succeed in an increasingly digital world," said KD Dizon, Vice President and Head of Globe Business.

 

Further demonstrating its commitment to equipping cooperatives with the tools necessary for success, Globe Business recently entered into a partnership with the Cooperative Development Authority (CDA).

 

Globe Business worked with CDA to connect with cooperatives through roadshows, webinars, and the Metro Manila Cooperative Congress, offering platforms to explore the role of digital transformation in achieving their goals.

 

"This collaboration is more than just about services—it’s about improving lives. Through technology from Globe Business, we aim to uplift communities and accelerate their journey out of poverty. We are grateful for Globe’s involvement as we know we cannot achieve this alone. This partnership holds great promise, and we look forward to its lasting impact,” said Usec. Joy Encabo, CDA Chairman.

 

With its connected ecosystem, Globe Business supports cooperatives at every stage of their digital transformation, providing infrastructure, cybersecurity, and cloud services to drive growth and protect member data.

 

Public Company Information:
PSE: GLO

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