Globe Business is empowering cooperatives across the Philippines with cutting-edge technology to enhance member engagement, streamline operations, and foster sustainable growth. Globe Business said 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, it said.
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. Some 60 percent of Filipino adults own mobile phones and engage in online transactions, a huge leap from just 11 percent 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, it said. 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 signed a partnership with the Cooperative Development Authority (CDA)
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