FSCM solution provides complete end-to-end management of the entire working capital environment

 

AurionPro Provides Sophisticated FSCM Solution to Bank Of Ayudhya

 

Mumbai, India, January 13, 2009—AurionPro Solutions Ltd. today announced that its Financial Supply Chain Management (FCSM) solution has been selected by Thailand's Bank of Ayudhya Public Company Limited (BAY).

FSCM will help BAY achieve its goals of competitive advantage, managing working capital more effectively, improving operating efficiencies and increasing the quality level of information.

AurionPro’s FSCM solution provides complete end-to-end management of the entire working capital management system and is used to optimize working capital levels, streamline accounts receivable and eliminate excess cost inked to payments.
 
AurionPro is providing BAY with a scalable, high-volume system that is flexible in support of a wide range of
financial services.

Khun Anupon Censarn, Senior Vice president, BAY - Information Technology Solution Division says, "We have selected AurionPro as our esteemed partner to provide a 'state of the art' electronic platform for
financial supply chain management. As AurionPro is known for its great work and achievements, the BAY bank looks forward to this union and expects to receive an unparalleled commitment and excellent services in
the times to come."

AurionPro’s innovative FSCM solution facilitates smooth flow of commercial and financial information throughout the financial supply chain, delivering not only streamlined processes but also greater
visibility and control over cash flows. FSCM makes it possible for companies to represent information and cash flows efficiently within premises and across company boundaries.

FSCM shortens the cash-to-cash cycle, thereby optimizing the use of working capital and reducing financing costs.


About AurionPro
AurionPro Solutions Ltd. (NSE: AURIONPRO, BSE: 532668) is headquartered
in Mumbai and delivers sophisticated solutions that help companies
accelerate and automate their operations. Since 1997, the company has
created and delivered comprehensive solutions to streamline corporate
banking, treasury, risk management, governance and compliance, and more.
In the U.S., the company provides offshore product development and
outsourcing services, backed by a global workforce steeped in experience
in the banking, payments and financial services markets. For more
information, visit www.aurionpro.com.

 

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