By Andrei Skvarsky.
Dubai’s largest bank Emirates NBD has launched a digital platform for its business clients that, according to the lender, enables them to manage all their financial activities.
The businessONLINE platform offers “a full suite” of cash and liquidity management and trade finance solutions to clients “ranging from small and medium-sized businesses to large corporations and government institutions”, Emirates NBD said in a statement.
“businessONLINE has been built to simplify working capital management, streamline complex operations and offer businesses full visibility across financial relationships, accounts, and activities, delivering a single view across all their markets,” it said.
Payments in practically any currency and cross-currency payments are possible via businessONLINE, according to the statement.
A “seamless integration” solution enables users to avoid the inconvenience and costs of maintaining separate system interfaces, the bank said.
The platform provides one-stop access to several banking products.
One of them is the enterprise resource management (ERP) solution for mid-size businesses developed by German software corporation SAP.
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