Kathmandu, 44600,
Nepal
Laxmi Sunrise Bank Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Laxmi Sunrise Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1000 Laxmi Sunrise Bank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Laxmi Sunrise Bank has purchased the following applications: Fincraft Core Banking for Core Banking in 2019, Slack Connect for Collaboration in 2023, WooCommerce for eCommerce in 2023 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Laxmi Sunrise Bank is running and its propensity to invest more and deepen its relationship with Nelito Systems , Salesforce , Automattic or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Laxmi Sunrise Bank revenues, which have grown to $250.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Laxmi Sunrise Bank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Nelito Systems | Legacy | Fincraft Core Banking | Core Banking | ERP Services and Operations | n/a | 2019 | 2020 |
In 2019, Laxmi Sunrise Bank implemented Nelito Systems Fincraft Core Banking, initiating a targeted program to digitize microfinance services and move toward paperless, cashless operations. The deployment centered on Core Banking and lending process modernization for operations in Nepal, positioning Fincraft Core Banking as the primary platform for lending lifecycle and centralized transaction processing.
Nelito Systems released details that the implementation included FinCraft Integrated Lending Management Solution (ILMS) and the HO Module alongside core banking functionality. Configuration work focused on lending workflow automation, integrated loan account servicing, and head office consolidation of control and reconciliation functions, consistent with standard Core Banking functional scope.
Operational coverage emphasized microfinance lending units, branch operations, and head office finance in Nepal, with the HO Module used to centralize back office control. Governance and process changes accompanied the rollout to strengthen internal control and to enable the bank to pursue cashless transaction handling, reflecting the stated objectives to improve efficiency and internal control.
|
Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Salesforce | Legacy | Slack Connect | Collaboration | Collaboration | n/a | 2023 | 2023 |
|
eCommerce
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Automattic | Legacy | WooCommerce | eCommerce | eCommerce | n/a | 2023 | 2023 |
|
CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Tag Management | CRM |
|
2023 | 2023 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2023 | 2023 |
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