Bankinter launches Business On Cloud, an enterprise resource planning solution for its corporate customers

Bankinter and Expert One, Partner Gold by SAP Business One, has released Business On Cloud, an enterprise resource planning (ERP)  solution based on the top product, SAP Business One Hana on the cloud, and connected with Bankinter’s electronic banking systems

The agreement gives Bankinter’s corporate customers pay-per-use access to a SAP Business One service in a very simple and cost-effective manner without any initial investment required.

This new service will help Bankinter’s corporate customers to improve management considerably, as it combines functions from the service with the bank’s electronic banking channel and the Spanish Tax Authority (Agencia Tributaria). Thus, it makes all process more transparent, effective and quicker while minimising potential errors.

In the words of Álvaro Escudero, chief executive officer of Expert One, ‘For years we have been working on democratising enterprises’ management systems and allowing medium- and small-sized enterprises to access the best technology in the SAP market through connections with Bankinter’.

César González, head of mid-corporate banking at Bankinter, also noted, ‘As part of our corporate banking efforts, which have always been driven by innovation, close customer relations and specialisation, we have launched a product we believe to be distinctive, with multiple advantages for users –like more efficient management– that will certainly lead to increased turnover and profitability’.

Under this exclusive agreement, Bankinter will help improve the digital transformation of its corporate customers. The bank, with its long track record of technological innovation, is enhancing its financial relationship with companies and becoming a trusted partner for SMEs in their digital transformation efforts.