SINGAPORE (Aug 13): UOB is collaborating with Enterpryze, an Irish start-up providing cloud and mobile technology, to develop a mobile solution that enables its customers to access the SAP Business One software solution via UOB BizSmart.

UOB BizSmart is the bank’s cloud-based, integrated business solution enabling small businesses to automate administrative processes such as payroll, invoicing and inventory management.  

See: UOB to offer SAP business software to SME customers

Through the partnership between UOB and Enterpryze, users of UOB BizSmart will be able to gain a real-time overview of their business operations, from the company’s financial position to its inventory levels.

This will enable them to make smarter business decisions that would in turn result in higher productivity, efficiency and growth, says UOB in a press release on Monday.

Lawrence Loh, managing director and head of Group Business Banking, UOB, observes more small businesses using UOB’s mobile offerings, with a 77% increase in the number of small business customers opting to use the UOB Business mobile app over the last 12 months.

“Most of us now depend on our mobile device because of the speed and convenience it provides and how it ensures optimal use of our time wherever we are. In fact, we use it as if it were our personal assistant to help us organise our daily activities such as planning schedules, making purchases and banking. As the same would apply for small businesses, we have harnessed mobile technology to help them be more efficient and productive,” says Loh.

“By working with Enterpryze to offer mobile capabilities, we can improve the customer experience to include access to business management tools within UOB BizSmart to help small businesses increase their productivity for better business performance,” he adds.