AurionPro Solutions Ltd. today announced that its Financial Supply Chain Management (FCSM) solution has been selected by Bank of Ayudhya Pubic Company Ltd, Thailand (BAY). FSCM will assist BAY to 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 linked to payments. AurionPro is providing BAY with a scalable, high-volume system that is flexible in support of a wide range of financial services.
"We have selected aurionPro as our esteemed partner to provide a ‘state of the art’ electronic platform for financial supply chain management," said Khun Anupon Censarn, Senior Vice President, SAY – Information Technology Solution Division.
He added, "AurionPro is known for its great work and achievements and the BAY looks forward to this union and expects to receive an unparalleled commitment and excellent services."
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.
The stock was trading at Rs.117.85, down by Rs.6.15 or 4.96%. The stock hit an intraday high of Rs.118.10 and low of Rs.117.85.
The total traded quantity was 351 compared to 2 week average of 1870.
