Standard Chartered Bangladesh has established a host-to-host (H2H) integration solution for Suguna Food and Feeds Bangladesh Private Limited (Suguna), a press release said Saturday.
Luthful Arefin Khan, Country Head of Transaction Banking, Standard Chartered Bangladesh; Soundararajan Bangarusamy, Chairman, Suguna Foods & Suguna Holdings; and others from both organisations were present.
This connectivity will enable Suguna to process domestic payments from their Enterprise Resource Planning (ERP) system. Suguna will also have access to all required MIS reports in its ERP system. The reports will be sourced directly from Standard Chartered’s digital banking channel, Straight2Bank (S2B). The H2H ERP connectivity will be routed through the Bank’s unique Universal Adaptor solution.
Soundararajan Bangarusamy, Chairman, Suguna Foods & Suguna Holdings said, “The solution will improve our payment processing and reconciliation time. We are impressed with the Bank’s Plug-and-Play H2H integration solution through universal adaptor, which significantly reduced the implementation resource, time, and effort required to complete this integration.”
Luthful Arefin Khan, Country Head of Transaction Banking, Standard Chartered Bangladesh said “Our H2H solution with Universal Adaptor access is a unique offering for our clients as it provides significant operational and financial efficiencies to businesses through near real-time automation capabilities. Standard Chartered has been offering the H2H solution in Bangladesh for over a decade, and over 80 clients nationwide are currently enjoying the benefits of the Bank’s H2H solution.”
