Monday, July 7, 2014

Refinancia: "The AuraPortal BPM solution has made us more efficient and competitive"

The AuraPortal BPM software has given Refinancia an agile and flexible solution to aid decision-making related to customer credit loans.

Woburn, MA, July 07, 2014 – AURA (, a global provider of AuraPortal Business Process Management (BPM) software, has announced that its partner in Colombia, SQDM SAS, has successfully implemented a corporate Business Process Management strategy at Refinancia financial institution, optimizing the correct operations based on established guidelines.

AuraPortal has been distinguished with great advantage over its competitors by Ovum in its Decision Matrix report and by other renowned analyst firms.

William Olegario Méndez Mora, Manager of the Office of Research and Technology Unit at Refinancia, comments, "After identifying our current business needs and the need to integrate and automate the processes, we saw a great opportunity to jump on the BPM bandwagon with AuraPortal.

Given the dynamism of our business, we needed an agile and flexible solution to aid decision-making related to customer credit loans.

The BPM solution proposed by SQDM with AuraPortal perfectly aligns with our core business making us more efficient and competitive. Much of our business will be supported on AuraPortal and it will be a strategic part of business for years to come."

About Refinancia:
Refinancia provides alternatives to individuals seeking specialized credit solutions. Through refinancing options, credit cards, and guarantees of loans from banks and commercial establishments, the company offers products designed fairly and respectfully for each one of its customers. Refinancia's solutions integrate the financial industry, the commercial industry and individuals to contribute to the credit access process.

Refinancia has a team of over 800 collaborators in Colombia and Peru.

AURA is a global BPM (Business Process Management) software provider delivering a solution that creates, without the need of IT programming, Business Process Workflow Execution Models. AuraPortal is 100% Web-based, and is complementary to existing ERP and CRM systems.

AURA has a presence in 40 countries with more than 300 customers including, among others: Walmart, Toyota, General Motors, Pemex (Petroleos Mexicanos), Carrefour, ArcelorMittal, PepsiCo, Coca-Cola, Danone, INCAE, Kimberly-Clark, Yamaha, Royal KPN, Bristol-Myers Squibb, etc., as well as many Government Agencies and Departments in several countries. All of these customers benefit from maintenance contracts.

It is headquartered in Europe and has an executive branch in North America (Florida). It also has offices in several countries and a vast network of partners who locally attend customers throughout the world.

Cristina Siscar
400 Trade Center
Woburn, MA 01801-7472

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