Manama: Ahli United Bank (AUB) yesterday announced that Alba has implemented the bank’s Business2Business (B2B) integrated payment system for payroll processing.
The B2B integration platform has been developed in-house by AUB to meet the diverse banking business requirements of its corporate customers through end-to-end integration with enterprise resource planning, accounting and payroll systems.
“AUB B2B integrated system allows Alba to streamline its payroll processes, achieve operational efficiencies and simplify the reconciliation process,” said Alba chief financial officer Ali Al Baqali.
AUB corporate banking head Redha Ali said this illustrates the bank’s 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, which further demonstrates our proactive approach in enabling our clients to benefit from new developments in financial sector in Bahrain,” he added.
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