Banking and Payment Switching Solutions (BPSS)

Let’s start with a traditional example: A customer approaches a sales person to buy a merchandize but s/he is out of stock. The sales person checks with the inventory which unfortunately is short of supply too. By the time the inventory follows up with procurement for raw material and the product is ready, the prospect is most likely to switch to a different vendor thus leading to the loss of revenue. This is a typical example of how the organizations face hardship in different areas of its functionality resulting from the decentralized database system. For businesses irrespective of their size, it’s very important for them to streamline their business process and operations. This is where ERP comes into play.