Rancon Automobiles Selects IFS Applications For Mission Critical Processes

IFS, a global enterprise applications company, recently announced that Rancon Automobiles Limited and Rancon Autos Limited, subsidiaries of the Rangs Group, have chosen to deploy IFS Applications™ to support mission-critical processes such as finance, distribution, service and maintenance, and human resources.

Rangs Group is one of the largest Bangladeshi industrial conglomerates with interests in automobile, electronics, real estate and shipping sectors. Rancon Automobiles Limited is a leading importer of various types of commercial vehicles in Bangladesh and is currently the sole distributor of several Asian commercial automotive brands. Rancon Autos Limited is the sole distributor of MAHINDRA brand commercial vehicles in Bangladesh.

When fully implemented at Rancon Automobiles and Rancon Autos, IFS Applications will be used by more than 400 staff across the Rangs Group, empowering group management with enhanced transparency and business control. “Our ambition is to run a single platform across all our subsidiaries so that we have greater visibility of operations, profitability, and efficiencies across the group,” Rangs Group Bangladesh Chairman Romo Rauf Choudhury said. “We want to drive the group forward and take advantage of the economies of scale when dealing with suppliers and principals, and a central platform will help us achieve this. We have had a great relationship with IFS, which is why we have decided to expand our existing IFS platform to support additional companies in the group.”

To read more about IFS Applications™ and the Rangs Group implementation, visit the IFS Newsroom. 

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