BankDhofar’s EasyBiz Receives Excellent Response from Businesses Across Oman

Muscat - BankDhofar continues to strengthen its digital banking proposition for businesses with EasyBiz, its digital collection management platform designed to simplify and automate collections, reconciliation and receivables management for businesses.

Earlier this year, BankDhofar launched EasyBiz, and since its launch, the platform has received strong interest across sectors including insurance, exchange houses, education, oil and gas, and logistics. The solution is designed to support businesses of different sizes in managing their collection processes more efficiently, while providing greater visibility and control over their receivables.

EasyBiz brings together key collection and receivables activities on a single digital platform. Businesses can generate invoices, manage collections, automate reconciliation and access real-time management information, helping reduce manual processes and improve operational efficiency.

A key capability of EasyBiz is its ability to connect with existing ERP and billing systems, enabling businesses to integrate their existing workflows with the bank's digital collection infrastructure. At the same time, businesses can also use the platform directly, providing flexibility for organisations at different stages of their digital transformation journey.

The platform supports a powerful automated payment reminders, helping businesses follow up on outstanding receivables and improve collection efficiency. Virtual accounts and automated reconciliation further simplify the process by enabling incoming payments to be identified and matched against the relevant customer or invoice, reducing manual reconciliation efforts.

Through a real-time dashboard, businesses can gain visibility into their collection performance, upcoming and overdue receivables, top outstanding amounts, ageing and average credit cycles. This provides management with actionable insights to better monitor cash flows and make informed business decisions.

EasyBiz also supports multiple collection channels, including online bank transfers, cash, cheques and digital payment links, giving businesses greater flexibility in how they collect from their customers while maintaining a consolidated view of their collections.

The introduction of EasyBiz reflects BankDhofar's broader strategy of using digital technology to create more connected and convenient experiences for its business customers. By bringing banking and business processes closer together, the platform supports businesses in managing their financial operations through a more integrated digital experience.

Building on the success of EasyBiz, BankDhofar is well positioned to progressively expand the platform into a broader digital business ecosystem, enabling SMEs and corporates to manage more of their day-to-day business needs through a single, connected platform.

EasyBiz is part of BankDhofar's continued commitment to supporting the digital transformation of businesses in Oman and enabling customers with innovative solutions that enhance efficiency, connectivity and financial visibility.