We are excited to announce that Golomt Bank, Mongolia, has embarked on a transformative partnership with PRIME BPM Software, signing a 3-year agreement to transform their approach to process management. This strategic collaboration represents a significant step in the bank’s commitment to enhancing efficiency, streamlining operations, and fostering a culture of continuous improvement.
This announcement highlights a crucial partnership between Golomt Bank and PRIME BPM Software, focused on strengthening the bank’s operational framework through process optimization. Golomt Bank has chosen PRIME BPM to centralize its processes, driving greater efficiency and productivity.
As a leading financial institution in Mongolia, Golomt Bank acknowledges the challenges of outdated, fragmented methods of process documentation. The goal of this partnership is to build a centralized process repository, enabling the bank to execute tasks with increased accuracy, efficiency, and overall service delivery.
Quote by Sainbileg Mandakh, CIO of Golomt Bank:
“On Our Strategic Partnership with PRIME BPM”
Golomt Bank is pleased to unveil its strategic partnership with PRIME BPM, a global leader in Business Process Management software. This collaboration marks a significant milestone in our digital transformation journey and reinforces our commitment to operational excellence, innovation, and delivering world-class banking services.
As one of Mongolia’s systemically important banks, we have always prioritized continuous improvement and future-focused growth. In the rapidly evolving financial sector, managing processes with precision, visibility, and adaptability is more critical than ever. To this end, we have teamed up with PRIME BPM to fundamentally reshape how we document, manage, and optimize our internal processes.
Why PRIME BPM?
Our decision to partner with PRIME BPM was driven by the platform’s powerful capabilities, including:
- Intuitive User Interface – Ensuring smooth adoption across all levels of the organization.
- Advanced Process Analytics – Providing deep insights into existing workflows, which will help us identify inefficiencies and opportunities for process automation
- End-to-End Process Mapping – Ensuring consistency, transparency, and compliance across all departments.
- Collaborative Workflow Management – Enabling cross-functional alignment and real-time visibility into task execution and performance.
By implementing PRIME BPM, we aim to transition from fragmented, document-heavy procedures to a centralized, intelligent process repository. This change will empower employees—from frontline teams to strategic leaders—to access and execute business processes more efficiently and accurately.
Our Vision for Transformation:
This initiative is more than just about digitalizing processes; it’s about building a strong, process-centric foundation for long-term success. Through this collaboration, we aim to:
- Eliminate redundancy and inefficiencies.
- Reduce operational risks.
- Improve internal collaboration and decision-making.
- Boost overall productivity and service delivery.
- Strengthen regulatory compliance and audit readiness.
- Support our long-term digital and customer experience strategies.
A New Era in Banking Excellence:
Golomt Bank is taking bold steps to standardize, optimize, and align its business processes using PRIME BPM. This shift is central to our broader transformation agenda to become the most agile, innovative, and customer-centric bank in Mongolia. We truly believe that this partnership will not only enhance our internal capabilities but also translate into tangible benefits for our customers, partners, and the communities we serve. Together, we are laying the foundation for the next era of operational excellence in Mongolian banking
“We extend our gratitude to our teams and our partners at PRIME BPM for their shared vision, commitment, and collaboration. We are excited for the journey ahead.”
— Golomt Bank
Golomt Bank’s choice to collaborate with PRIME BPM was driven by the platform’s intuitive interface, powerful analytics, and ability to provide deep insights into process optimization. PRIME BPM’s end-to-end process mapping ensures consistency and transparency, while its collaborative workflow features allow for organization-wide access and alignment. The real-time visibility into process efficiency stood out as a game-changer, enabling data-driven decision-making and ongoing improvements.
“By centralizing and optimizing their processes with PRIME BPM, Golomt Bank is setting a new standard for process excellence in the financial sector. We look forward to seeing the transformative impact this will have on the bank’s operations and its ability to serve customers more effectively. Welcome aboard, Golomt Bank!”
– Mark Khabe, Co-Founder of PRIME BPM
About Golomt Bank
Founded on March 6, 1995, Golomt Bank is a subsidiary of Bodi International LLC, a key player in Mongolia’s economic landscape. The bank maintains a strong presence in retail, corporate, and SME markets. As one of Mongolia’s systemically important banks, Golomt Bank has earned recognition for its achievements and culture, always staying true to its motto: “Investing for a brighter future” — focused on the well-being of every citizen and customer.
About PRIME BPM
Established in 2005, PRIME BPM is an end-to-end Business Process Management organization offering a comprehensive portfolio of products and services, including BPM software, training, and process mapping services. With its intuitive, cloud-based BPM software, users can easily map, analyze, improve, and automate business processes. PRIME BPM has successfully transformed organizations in both public and private sectors, including Pfizer, Airbus, Coca-Cola, CBRE, Vodafone, Flight Centre, Rockwell Automation, and many others.