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Raiffeisen Business Plus

Product
Developers: Raiffeisen Bank
Date of the premiere of the system: 2021/10/14
Branches: Financial services, investments and auditing
Technology: Remote Banking Systems

Main article: Mobile applications

2021: Launch Application

Raiffeisen Bank October 14, 2021 announced the launch of an application for corporate business.

Mobile Bank for Legal Entities Raiffeisen Business Plus is aimed at heads of large enterprises, financial directors and treasurers. It allows you to easily obtain basic information about operations, as well as identify potential problems through convenient and simple analytics.

The application is in the format of a news feed with castomized blocks. The information part shows the status of the company's accounts and payments. The user can see in real time all account balances structured by the companies in the group.

Payment analysis allows you to track changes in receipts over different periods. Payments sent are structured into seven main categories: payments to the state budget, financial payments, salaries, internal payments, operating activities, payments to individuals and returns - which, in turn, are divided into subgroups. This allows you to control different types of expenses, track them by cities, counterparties or status of execution.

The analytical tools of the application are based on a large array of data on the use of enterprise Raiffeisen Bank products. Conclusions in more than 20 analytical sections are presented in chart format. You can track both simple key figures, such as the maximum payment per quarter or payment structure, and more complex analytics of counterparties, recurring payments, and changes in cash flows. The application will also indicate the risks of social engineering if the payment is made according to the data of a dubious or compromised counterparty.

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We have created an application specifically for owners and managers of big business finance departments who want to understand at any time what is happening to their company in various aspects. Corporate customers can get all the financial instruments they need at Raiffeisen Bank, and this application will allow using data on the company's cash flows with maximum efficiency for business, "commented Petr Novikov, head of mobile banking services for corporate clients at Raiffeisen Bank.
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In the future, analytics on loans, trade finance tools, currency control and other financial products will become available to users of the application. In addition, Raiffeisen Bank customers will be able to sign payments through Raiffeisen Business Plus.

The application is available to all corporate customers of Raiffeisen Bank. To connect, you must download Raiffeisen Business Plus into AppStore or Google Play and log in to it using the registration data for the bank-client system.