COUNTRY FOCUS: BAHRAIN
UAE
I
n line with the ongoing initiatives
to support the development of
small and medium enterprises
(SMEs), KPMG in Bahrain - the Audit,
Tax, and Advisory firm – announced
the launch of the Enterprise
Accounting Solution (EAS). The new
service utilises the technologies
provided by smartphones and
portable devices to make financial
management processes simple and
available at competitive price.
SMEs have significant contribution
in the economy through the volume
of exports, capital investments and
employment opportunities they
generate.Therefore, supporting this
vital sector will have positive impact
on the local business landscape.
Harish Gopinath, partner and
head of KPMG Enterprise at KPMG
in Bahrain, commented on this
milestone “We understand the
challenges that local enterprises
face. The need to keep up with
economic developments, the
increasing complexity of markets
regulations, the introduction of
valued-added tax and the growing
competition all mean that to
thrive, businesses must focus on
efficiencies and optimizing business
activities.”
Entrepreneurs will no longer need to
spend time or resources managing
receipts and invoices; they can simply
take pictures of expenses with a
smartphone and send them to KPMG
in Bahrain’s dedicated accountants
via the online platform. This will give
entrepreneurs the time to focus on
running their business.
“Being agile and having confidence
in all financial activities can
give enterprises the competitive
advantage, by allowing them to
adapt and make decisions quickly,
and implement business strategy
without complication,” Gopinath
added.
The online platform also gives
entrepreneurs instant access to
accurate information about their
financial performance, cash flow,
turnover and costs, which enables
them to make informed decisions.
ONE TO WATCH
A
s the ‘Strategic Technology
Partner’ of Bahrain’s
ICT event – Meet
ICT Conference and Bahrain
International Technology Exhibition
(BITEX) 2017 – Huawei connected
with top government authorities
and business leaders to showcase
the latest ICT solutions designed
to shape the future of Bahrain’s
safer and smarter cities.
40
The leading annual ICT event
themed ‘Smart World through
Digital Transformation’ took place
7th - 9th February 2017 at the Gulf
Convention Centre. It brought top
business professionals and ICT
experts from across the world to
share the latest trends and insights
that are digitally transforming lives. solutions designed specifically
for Government, Education,
Hospitality, Banking and
Transportation sectors in Bahrain.
A delegation of regional and local
Huawei experts were at the Al
Dana Exhibition Hall during the
three-day exhibition to gauge real-
life scenarios of Huawei’s leading
industry solutions. This year’s key
highlights included elaborate “We are highly committed to
supporting the growth of the
Kingdom and aim to continue
delivering on Bahrain’s 2030 vision
and building a better connected
world,” said Feng Nan Paul, Huawei
Bahrain’s Country Manager.
INTELLIGENTCIO
Huawei took centre stage in four
keynote sessions at the Meet ICT
Conference to share insights into
the latest technology trends and
solutions. The interactive sessions
focused on ‘Digital Roads to
Smarter Cities’, ‘Powering
Smart Cities with Fusion Cloud’,
‘Huawei Innovative ICT Solutions
makes Safe City Smarter’
and ‘Reinventing the Digital
Experience’.
www.intelligentcio.com