Industrial and Commercial Bank of China (ICBC) has launched ‘Corporate Internet Banking Online Financial Management Software Services’ to serve the small and medium-sized enterprises.
The newly launched service, which is based on internet browser operation, was jointly developed by two financial software companies, UFIDA and Kingdee. The bank said that the software adopts the SaaS (Software as a Service) Model.
Embedded in the ICBC internet banking system, the software is equipped with functions such as capital management, accounting, financial analysis, as well as purchase, sales, and inventory management.
ICBC said that the Corporate Internet Banking is an important channel for ICBC to provide corporate clients with financial services. Currently, it offers services of 18 categories, including account inquiry, transfer and remittance, bank-enterprise reconciliation, wage distribution, ICBC Messenger, online tax payment, online financial management software, corporate finance, investment and wealth management, and bill custody, all of which can be further divided into 160 personalized financial services.
