BRAC Bank has introduced eSingature Solution for its procurement function, enhancing transparency and security of its outsourcing works on Saturday, a press release said.
It is the first bank to launch eSingature in this field.
Bangladesh Bank-mandated Digital Certificate was introduced for signing and validating all relevant procurement documents.
The bank said from now on, all order/purchase issued from BRAC Bank will have eSingature embedded in them to ensure verifiability of the work order.
BRAC Bank aims to accomplish holistic end-to-end e-procurement, achieving goals in innovation across its value chain by establishing more effective win-win relationships with its vendor partners.
BRAC Bank stated that they will continue to adopt new technology to make its outsourcing function seamless, integrated and secured.
