Development and implementation of SAP Budget management system in banking sector of Kyrgyzstan.

Press release
Bishkek, Kyrgyzstan
October, 2017

«Business breakfast for finance management of the banking sector of Kyrgyzstan” took place at Hyatt Regency Bishkek on September 20th 2017 . The event was held by SAP company – global market leader in business software automation.

The session provided a platform for sharing opinions amongst CFOs of the largest banks in Kyrgyzstan regarding methodological and technical aspects in term of providing solutions for economic efficiency and productivity improvement specific to the banks and their branches and also review of the local and global experience in solving these issues

At the venue SAP representatives shared their vision and approach to solving the issues such as improvement of the economic performance and optimization of operational cost, as well as transparent cost evaluation of banking products that finance managers of the banking sector are faced more often lately in circumstances of global economic crisis.

“The Customer experience in using SAP budget management system” presentation by Tolibzhon Isroil, the CFO of Eskhata bank, one of the leading banking service provider in Tajikistan, aroused genuine interest amoung participants. He has reported about proven best practices in impelemtation and using bank budgeting system on basis of SAP BW/BPC/PCM. Talibzhon Isroil in his presentation emphasized the imprortance of the methodological support in automation of budgeting, financial and management accounting. Such combination of business consulting practice and implementation experience served as a key element in choosing RBC group as a provider for the budgeting project delivery at Eskhata bank. This ensured both successful implementation and contributed to the bank management system improvement.

Representative of Partner company for SAP products implementation Oleg Bibik, Managing Director of RBC Group CIS had also a speech, which was about Bank management system on the basis of SAP products. Management accounting, budgeting and operational analytics.  Oleg shared his experience and told about specifics of management system implementation in a banking sector, furthermore discussed the significance of combining methodological and implementation practices during delivery of such projects and addressed in detail  the RBC group’s principal approaches to the building of business and IT architecture for development of the bank management system.

The latest trends show that banks become responsible for the larger scope of tasks including state overall economic and financial systems stability. Requirements both to the speed, quality of decision making and to the level of flexibility of organizational and technical support of the processes are being expanded. There is also increasing demands in providing transparency and the sequence of all operations performed, including operational reporting support.

Leadership of SAP solutions in the financial industry, as well as systems’ depth, level of development and completeness of the data together with proven practice, experience and knowledge of RBC Group’s specialists in the subject area and industry specific implementation of SAP solutions clearly is a great combination that obviously helps to solve business issues of the customers in a most optimal and effective way.

If you have any question with regards to implementation of SAP solutions in the banking sector, please contact RBC Group marketing department:
tel.: г. Almaty +7 (727) 258 1712
Е-mail: marketing@rbc-grp.com
http://rbc-grp.solutions

About RBC Group

RBC Group is a technology integrator delivering complex software solutions for the automation and improvement of business processes at enterprises and banks based on implementation of ERP systems form the best global vendors. The company provides comprehensive enterprise management tools that enable real-time monitoring and control of the current state of the enterprise, as well as to p lan and forecast its future development.

At present, RBC Group has significant experience in the implementation of more than 500 projects, including:

• Corporate automation of enterprise recourse planning (ERP);
• Implementation of enterprise performance management systems that integrate analytical reporting tools, balanced scorecard and planning systems;
• Automation and centralization of HR management and payroll calculation.

RBC Group has offices quartered in St. Petersburg (Russia), Almaty (Kazakhstan), Kyiv (Ukraine) Baku (Azerbaijan).

Our clients are enterprises located across Russian, Kazakhstan, Ukraine, Azerbaijan, Tajikistan, Georgia, Belarus, the United States, Canada, and UAE.

RBC Group professionals have developed a number of unique integrated industry-specific solutions that enable business companies to enhance performance and improve competitive advantage, significantly reduce costs and increase profits, improve the manageability of the enterprise and productivity. We offer the best industrial solutions that are as applicable in large multinational organizations, as in medium and small sized businesses.

Cooperation with the world’s leading software developers and consulting companies, strong RBC Group experts team’s in-depth domain knowledge and rich expertise in industry-specific implementation, and experience gained in successful implementation of information management systems, helps solving customer’s business demands in a most optimal and effective way, which ultimately leads our customers to success in their markets.

For more information, please contact RBC Group, marketing department:

tel.: Almaty +7 (727) 258 1712, Kyiv +38 (044) 383 1955
Е-mail: marketing@rbc-grp.com
http://rbc-grp.solutions