NDB signs MoU with Codevus: To deliver ERP Solutions to SMEs
NDB recently signed a Memorandum of Understanding (MoU) with Codevus (Pvt) Ltd under NDB’s ‘Jayagamu Sri Lanka’ initiative as a means to give customers a value chain management facility through a comprehensive ERP platform, enabling them to efficiently handle their day to day administrative functions as well as support chains.
Accordingly, NDB entered into the partnership with Codevus to deliver an Enterprise Resource Planning (ERP) platform branded ‘dislio’ to the Bank’s SME base.
The ERP solution provides a cost-effective platform that enables its users to efficiently manage their entire value chain, from administrative functions to HR, inventory management, supplier management, etc. NDB has thus taken the first step towards providing comprehensive ERP solutions by tying up with Codevus to deliver an affordable, efficient and user-friendly interface to enable the Bank’s SME base to develop their businesses especially during times such as these where the COVID 19 pandemic has had a massive impact on businesses around the globe. The Small and Medium Enterprises (SMEs) contribute to almost half of Sri Lanka’s economy and provide employment to more than 52% workforce. The SMEs are thus an important part of the ecosystem and it is imperative that they get access to the right infrastructure to grow.
NDB introduced the ‘NDB Jayagamu Sri Lanka’ initiative in order to create a pathway for Sri Lanka’s exporters, innovators and entrepreneurs to have the necessary means to target the companies that are looking to diversify their supply chain, thus bringing in much needed revenue in to Sri Lanka.