The market is fast adapting to the needs of digital banking. In this dispersed digital age, customers seek more than just transaction tracking – they need clarity, control and confidence in managing their personal finances. Many individuals struggle to track spending, plan budgets, and monitor multiple bank accounts, which often lead to financial inefficiencies. At BankFlex®, we are committed to navigating these business demands smartly and providing customers with features that resonate with them.
BankFlex® Personal Finance Manager (PFM) is a powerful financial management tool designed to provide customers with real-time insights into their financial health. Moving beyond transaction tracking, the tool enables your customers to have a comprehensive understanding of their financial landscape. Additionally, BankFlex® Personal Finance Manager (PFM) capitalizes on modern customers’ preference for personalization. The tool with comprehensive money management features offers a real-time view of their wealth across multiple accounts and banks, helping the users track spending, manage budgets, plan savings and more from a single, secure banking platform.
All-in-One Financial Management: Users can manage all accounts, including the ones with other banks, from a single dashboard.
Financial Awareness: Provides financial management awareness and advice to the users to help them make personally relevant financial decisions: all under the secure umbrella of digital banking.
Smart Analytics and Personalized Recommendation: BankFlex® Personal Finance Manager provides tailored financial insights, directly improving the long-term wealth management among consumers.
Holistic Account Aggregation: Users can access and import statements of accounts with other banks.
Accessibility: Enables banks to provide private banking services for a large number of customers.
CRM Integration: Banks can integrate PFM with their CRM engines, allowing for personalized banking services that lead to enhanced customer engagement.
Smart Budgeting and Financial Planning: PHelps users stay on top of their finances. The tool categorizes expenses, set budgets, and forecast income based on the past spending patterns.
