Infosys launches business management solution for banks' SME customers

BENGALURU: Software major Infosys today launched mobile-based financial and business management solution 'Finacle SME Enable' to help banks enhance support and service for their Small and Medium business Enterprise (SME) customers.

The solution is exclusively designed to help SMEs not only experience banking services on the move, but also manage their business operations efficiently, the company said.

"Banks have a great opportunity to gain a loyal customer base in SMEs by providing relevant digital banking solutions, along with an integrated support for their business needs. Finacle SME Enable fits right into this niche and can be a game changer for banks," Michael Reh, Senior Vice President and Global Head, Finacle, Infosys, said in a statement here.

The statement said the solution is a unified application for both banking and non-banking services aimed at helping SMEs run their businesses efficiently.

It will also provide bank's SME customers real-time access to their account information and relevant financial management tools to manage their day-to-day business operations in a self-service mode, it said.