Just In
- 1 hr ago Meta AI Powered by Llama 3 Takes Aim at ChatGPT and Gemini: All You Need to Know!
- 1 hr ago OnePlus Ace 3 Pro Leak Hints at New Design; Expected Launch, Specifications We Know So Far
- 2 hrs ago Vivo V30e Launch Date in India set for May 2: Flipkart Availability Confirmed
- 3 hrs ago Motorola Edge 50 Pro Goes on Sale in India at 03:00 pm Today via Flipkart: Check Price, Specs, Offers
Don't Miss
- News Electoral Bonds Controversy: Amit Shah Slams Rahul Gandhi, Asks Opposition Too Got Money, Is It Extortion?
- Finance 1:5 Stock Split: PSU Bank Fixes Record Date For First Ever Stock Split; Buy For Rs 650-680 Targets
- Sports T20 World Cup: 'He will definitely be in my list' - Anjum Chopra handpicks 2 wicketkeeper-batters for India squad
- Movies Salman Khan Case: Actor Arrives In 'X' Cr Car At Airport With Tight Security Days After House Firing Incident
- Automobiles Tata Motors To Manufacture Jaguar Land Rover Cars In Billion Dollar TN Plant - Report
- Lifestyle Summer Fashion: Your Bollywood Style White Outfits Guide To Keep It Cool And Chic
- Travel Journey From Delhi To Ooty: Top Transport Options And Attractions
- Education IIIT-Bangalore Introduces PG Diploma In Digital Product Design And Management
Infosys codes banking software for SMEs
IT major Infosys Ltd on Monday unveiled a financial software solution it coded for helping banks to support and serve their small and medium enterprise (SME) customers.
"Our mobile-based financial and business management solution is designed to help SMEs experience banking services on the move and manage their business operations efficiently," the global software major said in a statement here.
Touted to be the first of its kind, the company's flagship product, Finacle SME Enable solution, will help SMEs access their account information real-time and provides tools to manage their daily business operations in a self-service mode.
SEE ALSO: Indian software market grew 10 percent in H2 2014: IDC
"As SMEs contribute significantly to the national gross domestic product, convenient banking services and cost-efficient operations are key growth drivers for this segment," Infosys vice-president Michael Reh said.
Banks have an opportunity to get a loyal customer base in this segment by providing digital banking solutions, along with an integrated support for their business needs.
"Our solution will enable SMEs grow businesses through features such as enterprise setup, automated banking transactions in supply chain, credit management, social connect, integrated alerts/analytical tools for financial management, and channels to seek expert advice," the statement said.
Integration of the Infosys TradeEdge, a cloud-based retail trade platform, with the SME solution will also help SME clients obtain visibility into their inventories and sales transactions.
"For banks, this will mean a reduction in time and effort required to serve SME customers," Reh added.
Source: IANS
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999
-
2,500
-
3,599
-
8,893