Manama: A hli United Bank (AUB) yesterday announced that Aluminium Bahrain B.S.C. (Alba) has successfully implemented the bank's Business2Business (B2B) integrated payment system for payroll processing. The B2B integration platform is developed in-house by AUB to meet the diverse
Manama: Ahli United Bank (AUB) yesterday announced that Aluminium Bahrain B.S.C. (Alba) has successfully implemented the bank’s Business2Business (B2B) integrated payment system for payroll processing.
The B2B integration platform is developed in-house by AUB to meet the diverse banking business requirements of its corporate customers through end-to-end integration with the ERP, accounting and payroll systems.
Commenting on the move, Ali Al Baqali, Chief Financial Officer of Alba, said: “AUB B2B integrated system allows Alba to streamline its payroll processes, achieve operational efficiencies and simplify the reconciliation process. I would like to extend my appreciation to AUB for their strong commitment and continued support in customizing the integration platform to meet the specific needs of Alba”.
Redha Ali, Head, Corporate Banking, AUB, commented, “AUB and Alba enjoy a strong and longstanding partnership. This successful implementation illustrates our commitment to cater to the full range of Alba’s requirements, from core financial products and services to transaction banking solutions. This B2B platform also allows for seamless integration with the nationally launched Electronic Fund Transfer System (EFTS), which further demonstrates our proactive approach in enabling our clients to benefit from new developments in financial sector in Bahrain.”
