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The changing role of finance

Finance and treasury stepping up to drive transformation

The changing role of finance

Finance and treasury stepping up to drive transformation

At a glance

Finance and treasury are no longer known solely for fiscal duties. Today, 53% have increased influence over non-core areas including digital innovation. There is scope for treasury and finance to go much further, to take on even more responsibilities, which means building new partnerships and collaborating with other functions across the business. Research shows that in organisations where finance teams are working closely with their commercial colleagues on transformation, results are typically better.

Client stories
 

AIA Vietnam Partners DBS to Re-invent Their Claims Process

Find out how AIA Vietnam digitised their claim process to provide an enhanced customer experience using the DBS RAPID (Real-time APIs with DBS) solution.

   
 

Chailease Eliminates Manual Payment Processing with DBS IDEAL

See how companies like Chailease are using DBS IDEAL to manage, monitor and secure transactions across multiple currencies and business entities.

 

Our solutions

DBS IDEAL

With DBS IDEAL, it's easy to monitor incoming funds, view remittance advice, access statements or make payments. DBS IDEAL makes banking faster, simpler and smarter, so that you can focus on what matters most – your business.

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Instant onboarding

Fast application process and hassle-free integration with your ERP systems.

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Seamless security

Safeguard your funds using cutting-edge security features on DBS IDEAL digital token+.

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Easy maintenance

Simple admin model to create and manage users and set up functional and authorisation access.

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Comprehensive services

Access a variety of transaction capabilities on a platform that supports multiple locations, languages and currencies

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Loan services

Access to comprehensive loan enquiry and other loan transaction services.

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True mobility

Transact on-the-go with all your banking needs on your mobile phone.

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Less paperwork

Do away with physical forms by using our digital forms.

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eStatements

Simply log in to DBS IDEAL to view or download your account statements.

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Audit Confirmation

Streamline your annual audit confirmation process.

DBS DigiDocs

Manage end to end trade application process digitally by submitting application forms and supporting documents online.

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Attach supporting documents during trade application initiation
 

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Modify and resubmit application/documents in case of any error in data entry

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Submit any additional documents and verify after the transaction

 

 

DBS DigiDocs - Simplifying Overseas Payment to Suppliers

Learn how DBS DigiDocs reduces financial inefficiencies and enables you to focus more on your business by simplifying overseas payment to suppliers.

 

DBS RAPID

DBS RAPID is a digital solution that leverages DBS’ application programming interface capabilities. RAPID facilitates business transactions within your ecosystem by integrating real-time processing of trade transactions and information enquiries into your business workflows.

Types of Trade APIs

With the world’s largest corporate API catalogue of over 200 highly modular APIs we can mix and match multiple APIs to give you a competitive edge across the customer trade journeys in your industry. Some examples include:

  • Purchase invoice financing
  • Sales invoice financing
  • Direct export collection
  • Import letter of collection
  • Import bills under letter of credit
  • Import bill collection
  • Banker’s guarantee
  • Supplier payment services
  • Distributor finance

 
 

IDEAL RAPID - Real-Time API by DBS

Integrate 'Real-Time APIs by DBS' directly into your platform to facilitate and expedite business transactions across your ecosystem.

 

Get In Touch