This article first appeared in The Edge Financial Daily on June 27, 2018

KUALA LUMPUR: RHB Bank Bhd targets to garner an additional 2,500 registrations in the next 12 months as its expands the RHB SME e-Solution.

Originally targeted at the retail industry, RHB SME e-Solution has now been expanded to cover SMEs from all segments.

In a statement yesterday, RHB Bank said with the expansion in place, the bank becomes the first financial institution in the country to offer the first of its kind, all-in-one hassle free solution for Malaysian small and medium enterprises (SMEs) looking to digitalise the way they run their business.

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 and 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,” said RHB Bank.