Remote operations for most industries, especially the micro, small, and medium enterprises (MSMEs) has become the new norm. This compels businesses to manage their operations with help from new solutions that leverage technology.
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, believes that digital and online solutions can help MSMEs adapt and regain their competitiveness even during a crisis.
“Nobody knows when this crisis will be over. However, by providing access to the right tools and technology, we can help our entrepreneurs weather the storm and allow their businesses to survive and thrive amid the pandemic and its subsequent restrictions,” says PSBank Senior Vice President for Marketing Noel Tuazon.
Through its “Good to Know!” campaign, PSBank shares how online business solutions can give MSMEs the technological advantage to stay afloat in times of crisis:
Crisis-proof cash management solutions
Streamlining financial transactions can be done through digital cash management solutions that allow MSMEs to perform real-time banking transactions. Entrepreneurs can conveniently monitor their cash flow, pay suppliers, and settle utility bills with just a few clicks. Managing one’s account is a lot easier too as users can inquire and track balances, view transaction history, print checks, and transfer funds all within this type of service.
Convenient online payroll service
MSMEs no longer have to worry about managing payroll. Through online payroll services, employers can easily process employees’ salary with ease, security, and flexibility. In just a few taps, employee payroll can easily be credited on time, 24/7, and even in the safety of one’s home. Data management can be done hassle-free too, as users can quickly process essential employee records, payroll slips, and government contributions using the service.
Secured on-the-go banking services
Busy entrepreneurs no longer have to worry about visiting a branch for personal or business transactions. Through online and mobile banking apps and services, users can monitor their accounts, deposit checks, withdraw and transfer money, pay bills, and even invest anytime, anywhere, by just using their mobile devices. With these online tools, various banking transactions can be done on-the-go, perfect for entrepreneurs in any industry.
To ensure the safety of your financial transactions, it is best to use online solutions from credible banks and firms, such as PSBank, which offers a wide array of simple, reliable, fast and all-around online banking services fit for any business need; and digital services such as the PSBank e-Credit for online payroll management, PSBank Business Online Buddy for real-time cash management solutions for entrepreneurs, and PSBank Online and PSBank Mobile App for on-the-go banking transactions.