FinTrak Showcases Cost Saving, Efficient ERMS for Banks, Others

There is no gainsaying that business climate nowadays has been challenging and impacting negatively on financial institutions’ and multinationals’ revenue.

To this end, large corporations are even concerned on eliminating time wasting and cost inefficient transaction processes, which FinTrak Software Company Limited has underscored as achievable with her flagship Enterprise Resource Management System (ERMS).

Speaking at a workshop for bank chief executives and other clienteles, Mr. Bimbo Abioye, group managing director of Company told Nigeria CommunicationsWeek that the ERMS has become ubiquitous for improved transaction turnaround time for multinationals to achieve more with less costs through mobile transactions, online transactions and other electronic devices.

He said that inspite available technologies, some organization still engage very cumbersome processes due to manual operations, adding that automation is the only solution for such to achieve efficient processes.

Abioye informed Nigeria CommunicationsWeek that through investigations, they discovered that some banks lost whopping sum amounting over N3billion due to their penchant cravings for foreign software (for IFRS alone), however, FinTrak stepped in to address some of the challenges.