RHB Bank is committed to providing innovative solutions and has put in place the RHB Financial Supply Chain (FSC) platform to offer an easy-to-use and convenient system for parties in the supply chain ecosystem. Many companies experience a disconnect between the supply chain and financial organisations but with advancements in information technology, RHB Bank customers can now easily interact with their counterparts, including banks, in the running of their business. This platform is incorporated in our RHB Reflex Cash Management and is offered to our Reflex users as a value added service with no additional fees.
Managing Working Capital Efficiently
RHB Financial Supply Chain solutions manage the cash flow between parties in a supply chain, whether in the form of payment or short term financing. This assists in improving working capital management and liquidity generation, lowering costs and enhancing supply chain transparency.
Delivering More Convenience Always
RHB Financial Supply Chain oversees the customer’s entire supply chain, from invoicing to settlement with the convenience of online access which features:
- A web-based financial ecosystem solution that runs on a secured platform which provides visibility of transactions done through the system. This will improve efficiency and risk mitigation to the supply chain trading members.
- Facilitates the billing and payment process between members within the customer’s supply chain community.
- An avenue for funding requirement via structured financing program for outstanding invoices.
This innovative use of technology will help our customers reduce the cost of delivery and transacting with RHB Bank. Trading partners in the supply chain can trade within the system including transacting with RHB Bank without going to the bank.
Your Strategic Partner in Supply Chain & Working
Working capital is vital to corporate success and sustainability. We offer 3 types of working capital management solutions:
The RHB Financial Supply Chain platform initiative will enhance RHB Bank’s digital footprint in the business community and is in line with Bank Negara Malaysia’s drive towards online banking transactions to achieve efficiency and lower cost of banking transactions.