National Development Bank and ThinkCube Solutions has signed a partnership agreement to promote the breakthrough Cloud based Business Applica- tion ezBiz to NDB’s Micro, Small and Medium Enterprise (MSME) customers. As a key endeavor within the ‘Jayagamu Sri Lanka’ initiative, NDB hopes to increase the business ro- bustness of the MSME sector of it’s customer base through the adoption of cutting-edge technology, business tools and insights. NDB has selected the ezBiz application, which has been developed ground up through extensive local input and adoption. NDB’s continuous focus in adding value and supporting entrepreneurship will take a key turn with the introduction of this application as a solution amongst its toolbox and hopes to drive growth and resilience through insightful and intel- ligence based decision making by its MSME customers. ezBiz is a comprehensive Cloud Application containing a wide range of modules and functions, which provides busi- nesses with the flexibility of managing their businesses processes from any location using any devices. The solution provides businesses with the ability to manage a differing range of user profiles, multiple locations and is also supple- mented with a strong Point of Sale solutions and Mobile ap- plications. ThinkCube solutions is a digital service provider, which operates its R&D facility in Sri Lanka. Thinkcube is en- gaged in developing highly scalable and robust cloud- based digital service solutions. Commenting on the partner- ship, Dimantha Seneviratne Director/Group CEO, NDB Bank said, “Developing the SME sec- tor in Sri Lanka by providing tailor-made solutions has al- ways been an important element of NDB credit propositions. That’s where NDB’s Jayagamu Sri Lanka initiative has really made head winds. These ERP solutions being provided to our clients will assist them in inven- tory and debtor management, payroll management, cash flow management and other essential accounting functions at their convenience. It would be a win- win solution, where the Bank also can take comfort of these volumes when credit decisions are taken. “This Partnership is a sig- nificant step in our effort to develop the MSME businesses across the country to face chal- lenges as observed in the past few years, streamline their operations and stay lean and mean. We believe that our partnership provides a coun- trywide reach, which will benefit many businesses in the country and permit NDB and thinkCube to augment our of- fering through mutual col- laboration” commented Alex Lovell, Director, thinkCube Systems.
