Monday, March 7, 2022, Mumbai (India)
Aurionpro Solutions Ltd (NSE: AURIONPRO) (BSE: 532668) today announced that TMBThanachart Bank, one of the leading banks, in Thailand has gone live with iCashpro+ Financial Supply Chain Management (FSCM) solution to bring bank, suppliers and dealers in one platform. This cutting edge FSCM solution will facilitate seamless invoice financing and EIPP (Invoice payment) between all the parties involved.
The Bank corporate activities were handled by emails and file transfers due to the non-availability of the corporate portal as the earlier system was a trade linked platform with a bank user portal only. Now with the iCashpro+ FSCM solution, the Bank can create onboarding templates to onboard customers quickly. The corporate portal also allows the users to access the portal 24 x 7 to perform various activities like Invoice entry/upload, Payment, Financing, user administration, report generation etc. The Bank users can handle the limit maintenance and definition are now well defined and also perform activities on behalf of the corporate users as well.
The FSCM product caters to the financing need of all sectors like FMCG, Oil and gas etc. and all types of corporates (small, medium and large) while enabling the Bank to stay ahead in the market through the quick transaction life cycle that the product offers.
Mr.Phunsisth Poonpipat, Head of Supply Chain Structured Product, TMBThanachart Bank, Bangkok, Thailand said: “It is our mission that TMBThanachartbank or ttb will not only offer profound financial products but also efficient banking services to improve customer experience. We now serve more than 2,000 corporate clients and SMEs and 80 leading large sponsor companies, with around USD 2 Billion limit setup and USD 8 Billion transaction flow per annum through comprehensive platform. We also have clients in various industries such as oil and gas, food and beverage and construction materials industries. iCashpro+ FSCM allows TMBThanachart to achieve vigorous professional services and react with fast-paced demands in today’s business to grow our strategic customer portfolio. The solution helps us secure our position as one of the leading banks that truly improves corporate and SMEs clients’ Financial well-being in terms of both efficiency and sustainability through digital technology.”
Commenting on the successful implementation, Poonam Puthran, Senior Vice President, Aurionpro said, “iCashpro+ FSCM is a cutting edge solution that can help corporates optimise working capital, maximise profitability and minimise costs while enhancing the relationship with suppliers and/or dealers. Our product’s real-time interfaces allow data fetch from the core and relevant systems seamlessly while maximising the automation of processes. Now TMBThanachart Bank equipped with FSCM solutions can set itself apart from the competition to win more corporate clients and boost market share.”
About TMBThanachart Bank:
TMBThanachart Bank Public Company Limited (ttb) is the merger of TMB Bank Pcl. and Thanachart Bank Pcl., located in Thailand. It has integrated the strengths and potential of both banks, and follows its company philosophy “Make REAL Change” to create a new way of banking. The Bank not only offers superior financial products and services to customers, but also commits to providing financial literacy and financial solutions that are personalized and fitted to the needs of each customer segment throughout their life stages. The Bank’s mission is to improve Thai’s life-long financial well-being today and in the future.
More information, please visit ttbbank.com
About Aurionpro Solutions Limited:
Aurionpro Solutions Limited (NSE: AURIONPRO) (BSE: 532668) is an advanced technology solutions company catering to the needs of the Banking, Mobility, Payments and Government sectors. We converge multiple technology solutions under our umbrella, acting as one platform for Advanced and Accelerated Platform-led Transformation, guiding businesses to ADAPT to a new paradigm in Digital. Headquartered in Mumbai, India, we are bringing this to reality across global locations, pillared on the expertise and commitment of 1700 plus passionate people supporting the Aurionpro journey. For more information, visit www.aurionpro.com
For media queries, please contact:
Ninad Kelkar –ninad.kelkar@aurionpro.com
