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Commercialbank launches Business Solutions for its Customers powered by MEEZA, a Qatar Foundation joint venture(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 27 January 2012 Release date- 26012012 - In a move to offer wider range of solutions for its customers, Commercialbank announced the launch of Business Solutions at a grand ceremony held in the ballroom of the recently opened Al Ghassar Resort in Doha on January 22, 2012. Commercialbank Business Solutions was unveiled in a glittering showcase by Andrew Stevens, Group CEO Commercialbank and Rashid Al Naimi, Chairman and CEO, MEEZA. Other senior officials included Fahad Badar, Executive General Manager (EGM), Government & International Banking; and Raju Buddhiraju, EGM, Commercialbank Enterprise, who explained the several features and benefits of the solution. Mrs. Ghada Philip El-Rassi, Deputy CEO, Meeza, also explained the benefits that MEEZA brought to the partnership. The occasion marked the start of the Commercialbank-MEEZA exclusive strategic relationship. The first-of-its-kind offering in the region was extremely well-received by Commercialbank clients who were given a special preview of these unique business solutions. A few customers subscribed to this service at the launch ceremony itself. Commercialbank and MEEZA signed an agreement for an exclusive strategic collaboration which will provide the Bank's business customers with access to a full portfolio of localised Cloud applications, including HR & Payroll, E-mail and document management, and secure website (Web Hosting) solutions. These cost effective and secure solutions with data stored locally in Qatar, come as a one-stop-shop from Commercialbank for its customers, for all business requirements including banking, IT and HR. Customers benefit from reduced capital expenditure for IT and infrastructure, giving them more time to concentrate on growing their business. These on-line solutions can be accessed anytime, anywhere in the world, while the data is held locally in secure and safe environment. The solutions are adaptive for the needs of both new and growing organisations with support services. Other benefits include enhanced employee productivity, low cost entry, no licensing costs, no dependency on skills and resource availability, quick and easy implementation, high availability architecture with built-in system and business continuity. Addressing the launch ceremony, Mr. Andrew Stevens stated: 'At Commercialbank, we strongly believe that one of our prime functions within the small and medium size business sector is to help and nurture businesses. Our focus is to develop successful organisations that have a positive impact on the development of Qatari society. Our collaboration with will help our business customers grow with sustainable Cloud business application. Commercialbank Business Solutions offer customers valued-added services that will enable them to focus on their core businesses instead of day to day operational matters.' In alignment with Commercialbank's goal, Mr. Rashid Al Naimi, Chairman & CEO, MEEZA, shared MEEZA's vision to offer world-class products and services to its customers. As partners, the long journey together includes more innovations and expansions to come in the future. Both entities would ensure of IT solutions for Commercialbank's Small & Medium Enterprise business customers, to grow and to focus on their core business thus helping them maximise their efficiencies. He further mentioned that, providing customers with 'cloud applications' would allow them to get access to the latest version of business applications and software, without bearing the high costs of ownership and maintenance enabling them to keep to stay up-to-date with technology and competition. He reiterated, the focus of MEEZA and Commercialbank was to unlock the human potential, thus accelerating the growth of Qatar and. Mr Al Naimi was keen to see that great benefits would be generated by this pioneering partnership with Commercialbank. MEEZA Deputy CEO, Ghada Phillip El Rassi showcased MEEZA's capabilities through her presentation covering the major benefits of the new solution. By defining Cloud Services with its value, she stated: 'This exclusive relationship with Commercialbank demonstrates the commitment Qatari companies have made to enhance and develop the knowledge based society through provisioning state-of-the-art technologies. These cloud software applications are running in MEEZA's secure and highly available data centres. Speaking further on the partnership, Mr. Raju Buddhiraju, EGM , Commercialbank Enterprise ,expressed, 'This strategic partnership with MEEZA will not only help us strengthen and expand the products and services offered to the Bank's business customers, but also enable us to focus on innovative solutions whilst increasing productivity. Information technology is an integral component in banking and industry, Commercialbank seeks to deliver to its loyal customer base with a more efficient, improved and reliable service supported by the very latest cutting-edge IT technology.' Buddhiraju added: 'In a highly competitive market place, businesses require support and a distinct advantage over their competitors in order to thrive. Having a bank that understands the needs of your business through listening, offering support and advice can contribute significantly to business growth.' Commercialbank customers expressed great interest in the newly launched service with its multilingual feature and localised support. They highlighted that the Business Solutions will enable them to easily scale up operations as required without the hassles of dealing with technical glitches and resource discontinuity. The solutions are also suitable for all industries, enterprises of all sizes from different sectors and high Net Worth individuals Mr. Mohamed Farid, the Youth Company, CEO and current user of new Commercialbank Business Solutions said, 'We had faced a lot of hosting and space issues in the day to day operations, especially with regard to access to technology. Now with this great partnership that we have established with our banker Commercialbank, we have all our questions and specific requests attended to immediately thus allowing us to communicate and collaborate efficiently. This provides us access to world-class technology without any big investments. The two huge identities in Qatar, Commercialbank and MEEZA have come together to provide a whole package of services and benefits to SME's across Qatar'. Another customer of the Commercialbank Business Solutions, Mr. Safeer Thekka Puthiyottil, General Manager from Al Safa Polyclinic said 'Earlier we used to struggle to process the payroll of the company as the resources and time involved was huge. It was a hectic and tedious task to pay salaries as there was too much administration work and long procedures to handle, but after getting the Business Solutions from our Banker, Commercialbank, we are able to process salaries within minutes to our employees' accounts. Another specific feature of this solution, worth mentioning about is, that top management are able to view and process data from anywhere in the world, as all our information is totally secured and retrievable online anytime. Our company has had a long and satisfactory association with Commercialbank who have always provided very good products and services to our current operations in Qatar. I would highly recommend that all companies take up this amazing product from Commercialbank.' [Editorial queries for this story should be sent to [email protected]] ((Comments on this story may be sent to [email protected])) (c) 2012 Electronic News Publishing - |