BRAC Bank to provide advanced cash management & supply chain financing solutions to City Group
BRAC Bank has partnered with City Group to offer advanced cash management solutions and supply chain financing to optimize working capital and financial operations of the leading corporate conglomerate in Bangladesh.
As part of this collaboration, BRAC Bank will deliver customized payment solutions that allows City Group’s ERP system to initiate transactions directly through API integration. This eliminates the need for manual processes like the CORPnet Maker module, reducing human error and ensuring secure, and real-time data sharing.
City Group will also benefit from real-time account statements integrated with their ERP system, enabling faster decision-making, automatic reconciliation, and improved efficiency in order processing and time to market. Additionally, BRAC Bank will fac...