Business

ERP Software Facilitates Businesses to have Greater Insight and Visibility into their Supply Chain Operations

Published

4 years ago

May 30, 2021

Businesses require different tools to run their operations effectively. One of the vital tools for every business is ERP or Enterprise Resource Planning Software. It offers many benefits to a business by helping a business team manage its business operations with ease.

An ERP software integrates different aspects of a business to help the business leaders achieve the desired targets in an effective manner. With the use of ERP software, a business can ensure the traceability of raw materials, management of inventory, improvement in customer relationship management, and production planning.

Additonally, it also helps businesses gain financial controls on their operations. Most businesses make use of Jeeves ERP integration system to manage their business operations in a sound manner. The key benefits offered by this ERP system includes enhanced business reporting, improved customer service, a boost in cash flow, and cost savings.

It is the reason a lot of businesses are now going for nearshore outsourcing to find development teams for Jeeves development and support services. There are many services available that facilitate IT firms to get high-quality and cost-effective Jeeves support services in a nearshoring model.

A custom ERP system helps a business manage its supply chain operations in an effective manner. For businesses, it is possible to ascertain effective demand forecasting. It helps to reduce product bottlenecks. Moreover, an ERP system ensures transparency throughout a business process.

Eventually, it helps to serve customers in a better way. Moreover, the use of ERP software helps to provide robust data & cloud security. Additionally, it results in business process improvements for a business of any niche.

Business

Black Banx Group — Third Quarter 2025 Results

Published

8 hours ago

November 3, 2025

Matthew Wiles

FOR IMMEDIATE RELEASE · Road Town, British Virgin Islands · October 30 2025

Black Banx reports USD 4.3 billion revenue and USD 1.6 billion pre-tax profit in third quarter 2025

Black Banx Group today announced its results for the third quarter ended 30 September 2025, delivering strong performance with further progress toward its full-year targets.

Key figures for Q3 2025:

Revenue: USD 4.3 billion
Profit before tax (PBT): USD 1.6 billion
Cost-to-income ratio: ≈ 62%
Customer base (period-end): ~92 million clients

YTD (first nine months) results: Revenue USD 12.7 billion, PBT USD 4.7 billion, positioning the Group on track toward its full-year ambitions of ~USD 17 billion revenue and ~USD 6.4 billion PBT.

“Our Q3 results reaffirm the scalability and resilience of our platform,” said Michael Gastauer, Group CEO. “By continuing to scale our client base, deepen engagement, and drive operational efficiencies, we maintain momentum toward our 100 million-customer milestone and full-year ambitions.”

Daniel Dumitrascu, Group CFO, added: “We are pleased to demonstrate sequential improvement in our cost/income ratio despite ongoing investment in growth markets. With the first nine months delivered, our Q4 plan is well calibrated to close the year strongly.”

Business highlights:

Net customer adds of approximately 8 million during Q3, bringing the total client count to ~92 million as of 30 September 2025. On pace for the 100 million-customer target by year-end.
Continued growth across emerging markets, driven by expansion efforts in Africa, South Asia and Latin America.
Strong transaction volumes across cross-border payments and cryptocurrency-adjacent services, contributing to top-line resilience.
Ongoing initiatives to optimise operations and automate processes delivered a sequential improvement in cost/income ratio to ~62% from ~64% in Q2.
Strategic investments sustained in growth markets while preserving profitability and shareholder value.

Outlook:

With three quarters behind it, Black Banx remains aligned with its 2025 full-year targets of approximately USD 17 billion in revenue and ~USD 6.4 billion in pre-tax profit. The company anticipates a seasonally stronger Q4 performance, underpinned by ongoing global client acquisition and further monetisation of its platform.

About Black Banx Group:

Black Banx Group is a global digital banking and fintech platform serving tens of millions of private and business clients across more than 180 countries. The Group offers seamless, borderless banking services, including multi-currency accounts, cross-border payments and cryptocurrency-compatible solutions. Headquartered in the British Virgin Islands, Black Banx is dedicated to innovation, financial inclusion and delivering value to its stakeholders.

Media Contact:

Black Banx Media Relations
Email: [email protected]

Forward-looking statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the Group’s business strategy, financial prospects, targets and trajectory. Actual results may differ materially from those anticipated.