UOB Vietnam has just launched the UOB SME app, an all-in-one digital banking platform with multiple features and experiences, easily accessible via desktop or mobile phone. This is a pioneering application in the region to provide a comprehensive suite of solutions to meet the business and financial needs of small and medium-sized enterprises.
Specifically, businesses can check cash flow data on historical data and get a complete view of all business accounts opened at UOB Vietnam Bank. Based on the business's cash flow trends, the UOB SME application will propose suitable solutions such as loan financing options, business plan optimization consulting, etc.
When using the UOB SME application, SMEs also have access to UOB BizSmart – an integrated digital solution suite that helps businesses automate manual processes and optimize business costs. With UOB BizSmart, SMEs can simultaneously manage multiple digital solutions for accounting and e-invoicing, human resource and payroll management, enterprise resource planning (ERP), payment gateways and POS services.
Mr. Fred Lim, Senior Director of Small and Medium Enterprises, UOB Vietnam introduces the UOB SME application to customers and partners at the launch event held in Ho Chi Minh City.
Mr Fred Lim, Senior Director, Small and Medium Enterprises, UOB Vietnam, said: “SMEs make up a large proportion of the business structure and are the backbone of ASEAN economies . In Vietnam, SMEs account for 98% and contribute 45% of the local GDP. The launch of the UOB SME App not only brings a completely new self-service digital banking experience to SMEs, but also creates a level playing field for them through digitalisation.”
The UOB SME app was previously launched in Singapore and Malaysia.
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