Development News Edition
Give Feedback
FIFA 2018

ICICI bank collaborates with Marg ERP to bring accounting solutions for MSMEs

ICICI customers can avail the service just by registering their ICICI bank's current account on Marg ERP software through a simple two-click one-time process.


Devdiscourse News Desk 14 Jun 2018, 06:17 AM India
  • The ICICI bank and Marg ERP Ltd have announced their partnership to resolve the unique set of problems plaguing the micro, small and medium enterprise (MSME) by offering a seamless Integrated banking, accounting and Inventory management platform. (Image Credit: Marg Ltd.)

The ICICI bank and Marg ERP Ltd, the leading provider of integrated business application software for Micro, Small and Midsize businesses have announced their partnership to resolve the unique set of problems plaguing the micro, small and medium enterprise (MSME) by offering a seamless Integrated banking, accounting and Inventory management platform.

The integration facilitates the current ICICI account holders to securely connect their bank account with the Marg ERP software and undertake an array of digital transactions from within the ERP platform. It will businesses to initiate vendor & salary payments via RTGS, NEFT or IMPS directly from this platform. Moreover, it also allows businesses to automate reconciliation of banking and accounting entries, apply for working capital loans as well as schedule future dated payments, thereby offering exemplary command over day-to-day financial transactions for businesses.

ICICI customers can avail the service just by registering their ICICI bank's current account on Marg ERP software through a simple two-click one-time process. The collaboration is a maiden tie up where the duo will be able to provide an integrated solution to all their customers. 

ICICI Bank is India's largest private sector bank with a total network of 4,856 branches and 13,792 ATMs across the country offering a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries in tier 3,4 cities. 

LEAVE COMMENT