HSBC Bangladesh has established a Host-to-Host Integration (H2H) solution for M&J Group.
This digital service will enable M&J Group to process a variety of local payments directly from their ERP (Enterprise Resource Planning) system, read a press release.
HSBC’s state-of-the-art H2H solution is a fully automated single interface offering a wide range of HSBC banking services.
The integration improves straight-through processing capabilities and automates clients’ reconciliation and treasury activities.
This widely compatible solution can be fully integrated with clients’ existing industry-standard ERPs to further streamline work processes.
The inaugural ceremony of this virtual event was attended by Salahuddin Ahmed, managing director of M&J Group, Kevin Green, country head of wholesale banking, HSBC Bangladesh, and seniors from both organizations.
Salahuddin Ahmed, managing director, M&J Group, said: “Our company continuously welcomes value addition for the betterment of the business so that we can pass on the benefits to society. HSBC’s paperless solution will help M&J Group significantly to achieve our objective.”
He also appreciated the bank’s support and smooth implementation within the planned turnaround time.
Kevin Green, country head of wholesale banking at HSBC Bangladesh, said: “Customers’ expectations and technology capabilities are evolving at a fast pace, so we work in agile, customer-focused, cross-functional teams to test, learn, and launch new products and features at a faster pace.”
“At HSBC, we are digitizing at scale across our international network, using technology to create excellent customer experiences, make HSBC more efficient, and open up new growth opportunities. With our innovative financial solutions, I am sure that M&J’s H2H connectivity will ensure a seamless end-to-end flow in their working capital management,” he added.
Riaz A Choudhury, head of corporates, HSBC Bangladesh said: “With our core focus on bringing client-centric solutions, we're putting the power of our international universal bank in every customer's pocket, with faster, easier, and more secure digital banking. We look forward to continuing to create opportunities for our clients and their businesses.”
