Explorer

Centrum Financial Services deploys scalable platform with Encore Theme's ThemeChain™

New Delhi [India], Aug 24 (ANI): Encore Theme Technologies, the fastest growing business software solution player in the supply chain finance, home finance, retail and corporate lending for banks and NBFCs has announced the deployment of its flagship product ThemeChain™ at India's premier financial services institution, Centrum Financial Services.

"We were looking for a solution which could help us achieve the 'Fit for Growth' strategy. Encore Theme's system has the strong capability of handling multiple invoices within the same batch as well as multiple batches for the same client. The team's strong local knowledge has helped in developing a superior product that will empower and give us a competitive positioning in the market, enabling our vision to be a leader in the field of Supply Chain Finance," said Executive Vice President, Centrum Financial Services, Inderjit Camotra.

"The solution will help us save on operational costs and provide better quality of service. Our turnaround time goes up, service delivery KRAs look better and at the end of it the client is happy," added Camotra.

"It is our privilege to work with the premier NBFC, Centrum Financial services. We are extremely delighted to partner with them in their growth journey. We are sure with this deployment, Centrum is well poised to leverage its investments in technology. This deployment is an important milestone in strengthening our footprint in the region. We have kept our design and framework of the product such that it will augment the growth drivers for all our client segments," said Executive Director, Encore Theme Technologies, Narayan Viswanathan.

Encore Theme's solution is robust enough to handle large volumes enabling businesses to scale up their operation organically as well as inorganically without being worried about the system or infrastructure. It meets the dynamic business requirements of the banks and supply chain management and helps manage stiff competition, reduced margins, larger volumes and increased customer expectations effectively. (ANI)


This story has not been edited. It has been published as provided by ANI

Top Headlines

Share Markets Deep Dive As Oil Soars Over $100: Sensex Crashes 1,000 Points, Nifty Nears 22,200
Share Markets Deep Dive As Oil Soars Over $100: Sensex Crashes 1,000 Points, Nifty Nears 22,200
Brent Crude Above $102: Why Expensive Oil Is Bad News For Indian Markets
Brent Crude Above $102: Why Expensive Oil Is Bad News For Indian Markets
Gold Silver Rate Today (Oct 8): Metals Rise, Check Latest Rates In Delhi, Mumbai, More
Gold Silver Rate Today (Oct 8): Metals Rise, Check Latest Rates In Delhi, Mumbai, More
GST Council Meeting: Faster Refunds, Easier Registration And Fewer Notices On The Table
GST Council Meeting: New Proposals Aim To Simplify Refunds, Returns And Business Registration

Videos

Political Flashpoint: BJP Targets Rahul Gandhi Over Delhi Protest Clash, Congress Faces Fresh Questions
Breaking: Srinagar Man Challenges Congress Protesters Over Vote Theft Claims
Breaking News: Delhi Protest Row Escalates as Police File Case Over Alleged Clash
Political Update: INDIA Bloc Plans Fresh Delhi Protest After Opposition Lunch Meet
Political Update: Akhilesh Yadav’s Ayodhya Visit Puts Ram Temple Question in Focus

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget