RHB SME e-Solution expanded to cover all segments

KUALA LUMPUR: RHB Bank Bhd has expanded the RHB SME e-Solution, offering the first total cloud-based solutions aimed at providing greater connectivity and efficiency for SMEs.
Originally targeted at the retail industry, RHB SME e-Solution has now been expanded to cover SMEs from all segments. Apart from a Business Current Account and Reflex Online Cash Management system that enables low cost internet banking, RHB SME e-Solution now includes Financio’s accounting software that manages accounting records and provides intelligent business insights, and Kakitangan.com’s human resource & payroll solution aimed at reducing cost and improving efficiency in managing payroll services.
The RHB SME e-solution also includes two selections of electronic point-of-sale systems powered by Storehub and ARMS that provide back office analytics and customer relationship management for better management by the business owner.
To complement the SME eco-system, RHB SME e-Solution offers credit and debit card terminals to enable card transactions, and customised SME insurance packages specifically for SMEs to protect their businesses. In addition to that, RHB SME e-solution also offers business credit cards to help them with expenses and payment plans.With this solution, businesses have the opportunity to start their operations within eight days upon obtaining approval.
Through the expansion, RHB targets to garner 2,500 more registrations in the next 12 months. RHB is focused on innovations that simplify the customers’ business journey by offering both financial and technology-based solutions in line with its digital transformation programme.