Raiffeisen Bank Aval and E-COM (EDI-provider) launched e-document management service for the bank’s clients

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Raiffeisen Bank AvalRaiffeisen Bank Aval’s Longtime tender for the exchange of electronic documents with legal force (with EDS) ended at the begging of 2017. E-COM offer was chosen as the optimal solution for electronic document management service. Implementation of the online service E-DOC – solution based on 10 years experience in the market of electronic legal documents.

Thus, the provider will secure the exchange of legal documents between the bank and customers, massively reducing the processing and sending documents time, optimizing the entire document flow. In addition the service will be integrated to multiple accounting systems, with which the bank operates.

Руслан Співак, директор департаменту корпоративних продуктів, партнерства і продажів Райффайзен Банку Аваль

«Digitalization of the banking services and the development of new digital products are one of the main priorities of our activities in 2017 — said Ruslan Spivak, director of enterprise products, partnerships and sales of Raiffeisen Bank Aval. — Effective collaboration of market leaders from various industries will allow to achieve the synergies and provide more advanced solutions to our customers.»

Considering the possibilities of E-COM e-services, Raiffeisen Bank Aval is also interested in the solution that includes electronic registration of factoring transactions. Known for its unique service FactorEx in the market of banking services, Raiffeisen Bank Aval choose to work with E-COM in electronic factoring business. More information about the service.

The decision of Raiffeisen Bank Aval to reduce the paper exchange of documents in their business processes – meaningful action towards innovation, which are always in trend on the financial services market. On top of that, these tools significantly reduce: the cost of consumables, manual data entry errors and allow their customers to reduce the time for execution of the necessary documents.

* EDI – Electronic Data Interchange 

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