RHB enhances digital platform with API-integrated solutions

• Offers more accounting, payroll solutions for SMEs 
• SMEs can easily automate their HR, accounting functions 

RHB Banking Group has further enhanced its RHB Reflex Premium Plus digital platform driven by its application programming interface (API) integration with selected partners to provide accounting and human resource (HR) solutions for its SME customers. 

In a statement, the bank said the enhanced version of the digital platform brings forward an integration that offers more options for accounting and payroll connectivity, as well as providing a more holistic ecosystem proposition for business owners.

Chung Chee Kai (pic), head of group transaction banking at RHB Banking Group, said the accounting and HR solutions via API integration within RHB Reflex Premium Plus is an innovative approach that simplifies the way 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. 

“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,” said Chung.

He added that the bank is targeting to on-board a total of more than 15,000 SME customers to this enhanced digital platform by 2025.

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. 

Additionally, customers can retrieve essential information via an all-in-one financial dashboard as well as automating bank reconciliation and retrieving on-demand/periodical bank account statements, RHB noted.

Click here for more information on RHB Reflex Premium Plus.