Digital finance portal for SMEs

Focusing on the core business is becoming increasingly important for small and medium-sized enterprises (SMEs). Financial accounting is usually not one of them. With BusinessNet from Valiant, SMEs can significantly reduce their accounting workload.

Online accounting and eBanking from a single source

BusinessNet supports companies far beyond simple accounts receivable management. It offers comprehensive online accounting that is directly linked to Valiant's eBanking. Incoming and outgoing payments from eBanking are transferred and posted in the SME's financial accounting - no more time-consuming back and forth between the different systems. Thanks to this permeability, online accounting is always up to date on a daily basis, which simplifies the financial management of the company.

For SMEs and fiduciaries

Valiant has always been a typical retail and SME bank. 40,000 companies have a business relationship with the national bank, which is about 8 percent of Swiss SMEs. With BusinessNet, Valiant offers them a service thanks to which they can save time and concentrate on their core business, according to the statement. And it should also make it easier for entrepreneurs to work with their fiduciary: the financial portal can also be used by fiduciaries, who can thus discuss current financial topics with the SME at any time and complete the periodic financial statements without physical receipts.

Modular design with scan service

BusinessNet has a modular structure. SMEs choose which services they want to use and to what extent. For example, it offers a scanning service in which invoices are scanned at a processing center and inserted into online accounting. Business owners can view the invoices and approve postings and payments - all in the same tool. BusinessNet is constantly being expanded and supplemented with other services such as payroll accounting and personnel administration.

Further steps in digitization

The needs of customers are changing, and digitalization is transforming the financial industry. Valiant says it is committed to offering its customers the widest possible range of digital services that make financial life easier and more convenient. BusinessNet was developed together with technology partner Swisscom. As a result of this cooperation, Valiant also launched online account opening in April 2016. This allows new customers to open an account online within a few minutes - without going to the branch and without paperwork.

For more information, please visit: www.valiant.ch/businessnet