An innovative digital banking solution that delivers both financial services and business insights for Small and Medium Enterprises (SMEs) to manage their business on the go. SMEs can manage their daily operations, access banking services, connect with subject matter experts within the banks for advice and also access the market place of all registered members. The solution is adopted by the bank, who then extend it to their SME customers.
Leverage the power of SME banking
- Full-fledged transaction support
- Custom made for SME needs
- Expert advisory for SMEs through direct connect features
key features
SMEs can conveniently create, track, manage and reconcile VAT invoices, proforma invoices, and advance invoices, amongst other financial documents.
The SME can request for loans to the bank in real-time, and the bank is in a position to make a guided decision from the data collected specific to the SME on the channel.
This is a value-add module on the platform bringing together merchants into a single marketplace where they can interact and buy/sell merchandise from one another.
SME owners can view all daily operations/transactions and control business functions from a single dashboard that avails by the minute and daily reports.
Several time-consuming and error-prone processes are automated for increased efficiency. These include payroll services, purchase module, savings module (where merchants can deposit funds from multiple wallets into a savings wallet), and document management, which allows imaging of supplier invoices. Utility payments on third-party systems can be integrated to allow secure payments of water bill, power bill, etc.
key benefits
Single point access to multiple SME needs
Benefits to Bank
Maximise your SME relationships and grow business
Access SME data to gain insights on their behaviour and turnover, allowing targeted selling of bank products
Enable SMEs to manage their day-to-day business, freeing up significant service time for Banks
Increase in revenue in a shorter period of time
Benefits to SME
One-stop shop for all business operation requirements
Cost-effective for SMEs, saving on procuring
Easily apply for various customised banking products on a digital platform
Seamless financial services
clients
For more than 5 years, Paramount Bank has worked with Craft Silicon to implement the most innovative ways to help with the banks day to day running and to help with efficient and effective ways for our customers to bank digitally. With this Craft Silicon has provided a full suite web based core banking system and channels system to cater for both retail and corporate customers. We are satisfied with the continued support accorded by Craft Silicon to ensure smooth business operations.
Think Technology in Banking. Think Craft Silicon.
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clientele
