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Project

SAP helped Home Credit Bank expedite payment of counterparty invoices

Customers: Home Credit and Finance Bank HKF Bank

Product: SAP Business Technology Platform

Project date: 2021/03  - 2021/08

2021: Creation of a service for remote interaction with partners

On September 10, 2021, the company SAP CIS announced that Bank Home Credit it had created a remote interaction service with partners based on the cloudy IT platform. SAP Business Technology Platform This system has made it possible to bank to increase the efficiency of settlements with partner organizations. As a result, the time for confirming and signing the certificate was reduced from two weeks to 3 days using simple, and the electronic signature amount of overdue receivables was halved. The implementation partner was the company. Atos

The digital project faced several strategic tasks. It was necessary to increase the efficiency of working with partners and reduce the volume of paperwork. In addition, it was important to increase the transparency of settlements, the speed of informing partners, as well as create convenient payment tools and have constant feedback on any issues.

Due to the implementation of the system, all information about contracts and acts is available to partners online. The service is configured to open disputes and disputes over the content of acts with automatic routing and processing. In addition, the process of paying acts has been simplified - a payment order is automatically formed in one click.

In the future, it is planned to introduce alternative methods of paying debts, expanding the service to other areas of partnership activities, as well as to the administrative and economic activities of the bank.

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The use of the service made calculations and communication with counterparties more convenient, the speed of payment increased. And thanks to the use of ready-made services of the SAP cloud platform, we accelerated the implementation and reduced the cost of implementation, "said Ekaterina Zorina, deputy chief accountant of Home Credit Bank.
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