Sri Lanka’s premier private sector bank HNB PLC renewed its partnership with Bileeta Ltd, a dominant player in the local ERP space, to provide state-of-the-art ERP solutions to its SME customers at affordable rates. 

The exclusive collaboration between the two pioneers enables the bank’s SME customers to streamline various functions of their business operations such as sales and invoicing, inventory management, finance, procurement, service management, fixed asset management and manufacturing and thereby practice efficiency and effective management in the long run. The MoU was signed at HNB Towers in the presence of HNB Deputy General Manager Retail and SME Banking Sanjay Wijemanne and Bileeta Chief Executive Officer Sanji De Silva to officiate the collaboration. 

Commenting on the partnership, Wijemanne said, “Technology is an essential and often under-rated tool that can build and enhance organisations and even world economies. Companies can develop and expand internally and externally with the proper knowledge, relevant expertise and strategies, unlocking their highest potential in revenue and business scale.

With this in mind, we partnered with Bileeta, leaders in the ERP scope, to provide the much-needed support in terms of knowledge and application of ERP systems to the SMEs of the country. As key pillars of the economy, SMEs need our support now more than ever. Every little effort counts. We believe that our partnership with Bileeta comes as a tech-enabled support system for businesses struggling with cost management in a financially tight economy. We will continue to identify and implement such impactful initiatives going forward, which we hope will provide relief and reassurance to the SMEs that are at the grassroots of our nation’s prosperity.”

Accordingly, the collaboration ensures that HNB and Bileeta will work together to market, introduce and provide proper functions of the ERP platform, which is named ‘ENTUTION ERP Solution’. 

The partnership also enables HNB’s customers to obtain the solution at a discounted rate, excluding training and onboarding charges. The bank will also work with Bileeta to communicate and identify potential SMEs to introduce the solutions to all regions and thereby aim to uplift the standards of SMEs.