January 14, 2009

Thailand's Bank of Ayudhya Public Company Limited (Bankok) will implement the Financial Supply Chain Management solution (FCSM) from Mumbai-based AurionPro Solutions Ltd.

According to AurionPro, the FSCM solution will help Bank of Ayudhya Public Company Limited manage working capital more effectively, improve operating efficiencies and increase the quality of its information.

The 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.