RHB enhances API-driven digital platform for SMEs

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KUALA LUMPUR: RHB Banking Group has additional enhanced its RHB REFLEX Premium Plus digital platform pushed by first-in-market Application Programming Interface (API) integration with chosen companions, to supply accounting and human useful resource (HR) options for SME prospects.

In a press release, the financial institution stated the improved model affords extra choices for accounting and payroll connectivity, in addition to present a extra holistic ecosystem proposition for enterprise house owners.

“The accounting and HR solutions via API integration within RHB REFLEX Premium Plus is an innovative approach that simplifies the way our SME customers manage their businesses.

“It allows for seamless and secure connectivity to third-party service providers, which in turn provides them with better control and improved cost and operational efficiencies through the automation of various accounting and HR functions,” head of group transaction Chung Chee Kai stated.

“We target to on-board a total of more than 15,000 SME customers to this enhanced digital platform by 2025,” he added.

Through this first-in-market API integration of accounting and HR options, RHB’s SME prospects are in a position to seamlessly automate payroll and different accounting features, similar to viewing their banking account balances, making ready bill and wage funds, immediately through the associate’s platform with out having the necessity to go on completely different channels.

RHB stated on high of that, prospects can retrieve important data through an all-in-one monetary dashboard in addition to automating financial institution reconciliation and retrieving on-demand/periodical checking account statements.



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