European Merchant Bank
Specialized financial service provider
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About the company:
European merchant bank was licensed by the European Central Bank in December 2018 and established in early 2019. The bank provides an array of banking products for small & medium businesses: from commercial loans to term deposits & alternate payments.
The challenges:
- The company needed a modern financial management and accounting system that met global standards;
- To reduce the number of different systems and integrations the company needed a system for both the financial management and employee payroll calculation;
- Routine accounting operations were very labor-intensive.
The solutions:
Microsoft Dynamics 365 BusinessCentral is a business management system for small and mid-sized businesses that easily adapts to your business specifics and enables a single system to manage and automate all of the critical business processes.
Alna HR Office is an HR management and payroll accounting solution, based on Microsoft Dynamics 365 Business Central. The system consists of 5 modules that ensure smooth operation of HR personnel processes: time reporting, payroll calculation, HR management, annual leave management and calculation of incentives.
The outcome:
- All the necessary business information and documents are stored in a unified system and are readily available;
- Increased operational efficiency;
- Increased speed of routine operations;
- Minimized error probability in accounting;
- Key business processes are expanded and simplified.
Feedback
We aim to become leaders in digital transformation and we‘ve chosen the partners that can help us reach that goal. Alna HR Office implemented by Alna Business allowed us to take care of all the key HR and payroll processes, while Dynamics 365 Business Central helped us to standardize accounting and financial management in our company.
Jelena Salietienė
Chief Financial Officer
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