Case Study: Axis Bank achieves centralized accounts payable and asset management with Ramco Systems

Axis Bank uses Ramco's one-for-all solution to manage multiple processes easily and efficiently

Axis Bank, one of India’s largest private banks with over 1,700 branches and 10,000+ ATMs, struggled to manage assets, procurement and payables across its vast branch network. The bank needed a centralized accounts-payable system, an asset management solution integrated with procurement, automated planning and budgeting, and lease management to improve control over expenses and streamline operations.

Ramco delivered a single integrated ERP that centralized AP, automated tax and invoice controls, and linked procurement with fixed-asset management, planning & budgeting (configurable workflows, “what-if” scenarios) and lease management (automated schedules and bulk authorizations). The implementation brought user-friendly reporting, reduced duplicate invoices, automated depreciation and tax processing, faster decision-making and tighter expense control — implemented rapidly and becoming a trusted ongoing partner for Axis Bank.

Axis Bank