RHB Enhances Its API-Driven Digital Platform With More Offerings for SMEs
by Fintech News Malaysia July 5, 2022RHB Banking Group has further enhanced its RHB REFLEX Premium Plus digital platform driven by an Application Programming Interface (API) integration with selected partners, to provide accounting and human resource (HR) solutions for its SME customers.
RHB Reflex Premium Plus is a cloud-based platform to help SMEs juggle all aspects of their business operations via an all-in-one online banking ecosystem.
The enhanced version of the digital platform brings forward an integration that offers more options for accounting and payroll connectivity, as well as provide a more holistic ecosystem proposition for business owners.
Through this API integration of accounting and HR solutions, RHB’s SME customers are able to seamlessly automate payroll and other accounting functions, such as viewing their banking account balances, preparing invoice and salary payments, directly via the partner’s platform without having the need to go on different channels.
On top of that, customers can retrieve essential information via an all-in-one financial dashboard as well as automating bank reconciliation and retrieving on-demand or periodical bank account statements.
Chung Chee Kai
“At RHB, we are focused on delivering market-leading and seamless customer experience that holistically addresses our customer’s business needs.
RHB REFLEX Premium Plus addresses the increasingly sophisticated needs of our SME customers and today, more than 2,000 of our SME customers are already using this facility. We target to on-board a total of more than 15,000 SME customers to this enhanced digital platform by 2025,”
said Chung Chee Kai, Head of Group Transaction Banking of RHB Banking Group.
