Sage and BCICAI successfully holds seminar focused on the economic crisis

Leading company urges Bahrain businesses to utilize ERP solutions as a means to drive in more growth and strengthen customer ties

Manama, Bahrain (prHWY.com) June 18, 2012 - Sage Software, a leading supplier of Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) Solutions to medium and large organizations, in partnership with the Bahrain Chapter of the Institute of Chartered Accountants of India (BCICAI) and in collaboration with the Centre for Banking at BIBF, has successfully hosted a strategic seminar focused on how local businesses can deal with the impacts left by the recent economic gridlock. The event, which was held at the Bahrain Conference Centre, Crowne Plaza Hotel, was attended by more than 150 participants coming from the country's top companies and accounting firms. The seminar served as a strategic venue for Sage to encourage local businesses to fully utilize strategic Enterprise Resource Planning (ERP) solutions as an effective way to drive in more growth while at the same time reinforce ties with their customers.

The first part of the session was highlighted with a talk and presentation made by Dr. Sudhakar Raju, a visiting professor from Harvard University. In his speech, Dr. Raju shared important points on the financial crisis, the Euro debt crisis and Basel III - even before the emergence of derivatives, financial booms and busts across different economies. The Harvard Professor also spoke on his views on the history of modern crises, the South Sea bubble and the current Euro crisis. During the second half of the session, Reggie Fernandes, Director - Gulf Operations, Sage Software Middle East gave a presentation entitled, 'Put your Enterprise resource planning Systems to better use through Customer Relationship Management.'

"Businesses today are still on the path towards recovering from the effects left behind by the recent economic gridlock. It is during this post-recovery period that businesses should understand the important role that efficiency, key market and customer understanding and the full use of existing resources, play in the move to get back on track," said Reggie Fernandes, Director - Gulf Operations, Sage Software Middle East. "Over the last few years, we have encouraged businesses to make full use of their ERP solutions. We are overwhelmed with the result that many companies and organizations have followed our advice and have reaped positive results. The event has allowed us to showcase the added advantages of combining ERP with our CRM functionality, which includes key integration with sales, inventory, purchasing, finance and manufacturing. The integration of both ERP and CRM enables users to get a 360 degree view of a customer within one single system and database, from both a marketing and administration standpoint."

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Tag Words: accountants, seminar, finance, bahrain

Categories: Technology

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