COMPANY
The Export-Import Bank of Malaysia Berhad (EXIM Bank) is a specialized, government-owned financial institution for Malaysian investors, manufacturers and exporters seeking to sell their products and services to overseas markets. The bank provides credit to finance and support exports and imports of goods, services and overseas projects, as well as export financing insurance, overseas investment insurance and guarantee facilities.
CHALLENGE
Spun off from another government-owned bank to operate independently, EXIM Bank was required to migrate to its own information technology environment.
WHY ABEAM?
Convincing justification and bid to implement SAP.
SOLUTION
SAP for financials, procurement, business warehouse and enterprise portal, including SAP Enterprise Buyer Professional to support procurement requisitions via a browser and custom interfaces between SAP and EXIM's treasury and HR systems.
REAL BENEFITS
Successful migration to independent enterprise system that delivers:
- Best practices to simplify system operation and maintenance
- Improved and faster statutory reporting
- Reduced effort and time for financial closings