Scala & Citibank offer end-to-end solution

Scala and Citibank e-Business have teamed up to create an end-to-end online business solution. The tie-up will allow companies to use one platform for all their financial transactions.

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By  Neil Denslow Published  September 10, 2002

Scala and Citibank e-Business have teamed up to create an end-to-end online business solution. The partnership will allow companies to use a single platform for all their financial transactions.

Companies seeking to use online processing have traditionally been forced to deploy multiple connectivity software packages to create an integrated solution with their ERP. However, Scala and Citibank contend that their tie-up will allow customers to seamless integrate data from the back office with central banking transactions.

The solution is primarily aimed at multinational corporations that have yet to adopt online banking. The partners contend that it will eliminate low-value add back office tasks, while boosting financial control and accountability.

“With less than half the region’s major businesses currently benefiting from online banking, Citibank sees a large window of opportunity to streamline and lower implementation costs through a jointly-driven initiative with Scala to offer seamless integrated solutions to our customers,” says Sankar Krishnan, regional head, Gulf and Pakistan, Citibank e-Business.

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