#USA #New York #Koxa Corp #Hanmi Bank #ERP-banking

Koxa Corp. and Hanmi Bank Join Forces

Koxa Corp., a prominent player in the ERP-banking sector, has recently formed a strategic alliance with Hanmi Bank. This partnership aims to revolutionize banking experiences for Hanmi's commercial clients through advanced workflow integration. The collaboration underscores the rising demand for digital-first banking solutions tailored to meet the dynamic needs of contemporary businesses.

The New Solution

The groundbreaking solution combines Koxa's renowned ERP-banking connectivity platform with Hanmi's strong commitment to innovation. It enables business clients of Hanmi Bank to perform essential banking functions directly from their ERP systems. This integration eliminates the cumbersome processes of duplicate data entry, manual uploads, and constant toggling between various software systems. As a result, clients will experience enhanced workflow efficiency, improved accuracy, and a clearer understanding of their financial performance.

Camellia George, co-founder and CTO of Koxa, stated, "Our foundational belief is that banking should seamlessly blend into the environments where businesses operate daily. Our new ERP-banking solution for Hanmi streamlines business banking, making it quicker, easier, and more interconnected than ever."

On the other hand, Fred Lie, Senior Vice President and Chief Digital Banking Officer at Hanmi, emphasized the bank's mission to equip clients with essential tools for success in a progressively digital landscape. He remarked, "By collaborating with Koxa, we are enhancing our digital offerings and providing solutions that empower our business clientele to save time, boost accuracy, and maintain a competitive edge."

About Koxa Corp.

Koxa's Treasury Gateway is a robust platform that effectively connects banks with their corporate treasury clients. This functionality allows users to manage banking operations directly within their ERP systems. Koxa partners with banks to enhance their online treasury portals, facilitating an integrated experience where corporate accounting teams can:

1. Submit, Approve, and Release Payments: Users can handle payments directly from their ERP systems, ensuring a seamless transaction process.
2. Track Payment Status: Users can easily monitor the status of their payments and perform automatic reconciliation for settled transactions.
3. Retrieve Financial Reports: Access to statement data and other reports is simplified, allowing users to gather essential financial insights without exiting their ERP platform.

For more detailed information about Koxa, visit their website at www.koxa.io.

About Hanmi Bank

Hanmi Financial Corporation, based in Los Angeles, operates Hanmi Bank. It caters to diverse communities with a network comprising 32 full-service branches and various loan centers across states such as California, New Jersey, and Texas. The bank specializes in real estate, commercial lending, and offers services tailored to small and medium-sized enterprises. More information about Hanmi Bank can be found at www.hanmi.com.

Conclusion

As businesses strive to adapt in a fast-paced economic environment, this partnership between Koxa Corp. and Hanmi Bank is poised to set a new standard in the integration of banking and enterprise resource planning. The collaboration aims not only to facilitate efficient financial management but also to support businesses in achieving their goals by leveraging technology-driven solutions.