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YES BANK launches Yes Transact

| | Jun 22, 2016, at 10:48 pm
Mumbai, June 22 (IBNS): YES BANK, India’s fifth largest private sector bank, launched YES TRANSACT - ON THE GO, a unique Digital Working Capital Management solution that will enable decision makers to view and approve transaction requests even when they are travelling or are out of office.

Targeting executives like CFOs, Directors, Finance Heads and Owners, who are pressed for time and availability,  this unique application would now enable accounts/finance team to raise transaction requests via the desktop application in office which will then be transmitted to the executives’ hand held device.

This solution would allow decisions to be made on the move, eliminating process bottlenecks due to unavailability of the decision makers and facilitating faster lead times. As per the Bank, ON THE GO significantly reduces the Turn Around Time (TAT) by 50%, completing a 2-3 hour offline process within an hour.
 

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