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Raiffeisen Bank Bulgaria

Financial Services ยท INVENT

The Challenge

Manual inventory of fixed assets across 100+ branches was taking days and disrupting operations.

Managing thousands of IT equipments, furniture, and fixed assets across over 100 branches nationwide manually was time-consuming. Annual inventory counts disrupted branch operations for days and resulted in human errors.

The Solution

INVENT deployed with RFID-tagged assets and mobile Bluetooth readers for branch staff.

RFID.BG implemented the INVENT platform, attaching specialized RFID tags to all fixed assets. We provided branch managers with mobile Bluetooth RFID readers connected to their smartphones or tablets. The INVENT app allows staff to select a room and simply walk through, scanning all assets within seconds.

Results

  • โœ… Reduced complete branch inventory time to under 20 minutes.
  • โœ… Eliminated operational disruptions and overtime costs.
  • โœ… Achieved 99.9% accuracy in fixed asset tracking and compliance.
  • โœ… Seamless integration with their existing ERP system.

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