June 16, 2020

The partnership between Intellect Design

The partnership between Intellect Design Arena and HUDCO includes provision of digital lending, treasury, general ledger and integrated accounting, procurement management among others, city-based Intellect said in a statement here."We take pride to have been chosen as the strategic partner for HUDCO, a premier national-level techno-financial organisation," Intellect Design Arena Ltd president (APAC, South Asia, Middle East and Africa) K Srinivasan said in the statement.Commenting on the partnership with Intellect, HUDCOs CMD Ravi Kanth said, "This partnership gives momentum to the Digital Displays & Light-box Materials suppliers India initiative as we aspire to promote technology and Digital India in our operations".Chennai: Intellect Design Arena Ltd, a specialist in financial technology across banking and insurance sectors, on Thursday said it has been selected by Housing and Urban Development Corporation (HUDCO) for integrated lending and ERP solutions."We believe Intellect will play a significant role in driving HUDCOs digital transformation agenda contributing to the Digital India vision", he said.HUDCO is a wholly-owned entity of the Ministry of Housing and Urban Affairs."Looking ahead for a more agile and flexible operations we chose Intellect for its next-gen technology to implement an integrated large-scale ERP solution that will give greater visibility for the management," he said.

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