According to the ASEAN SME Transformation Survey, close to seven in 10 Malaysian businesses surveyed intend to raise their productivity using digital solutions
United Overseas Bank (Malaysia) Bhd (UOB Malaysia) and leading business software provider, SAP, today announced a tie-up to offer UOB SmartBusiness to the Bank’s small-and medium-sized enterprise (SME) customers. The tie-up marks the first time SAP is offering its enterprise software, SAP Business One®, to Malaysian SMEs through a bank.
UOB SmartBusiness is a cloud-based integrated digital business solution designed to help SMEs make cost savings and improve their operating efficiency. It enables SMEs to streamline and to digitise their back office processes such as accounting, payroll, and business management through a secure and integrated digital solution. SMEs can also link their UOB SmartBusiness account to their UOB current account, thereby enabling an automated bank reconciliation process through the matching of transactions to sales invoices or bill payments.