Financial Services
Asia Pacific
Enterprise/Public Sector
"Alibaba Cloud, a world-class public cloud provider with a comprehensive suite of networking, storage, and computing products, was a definite choice for Benefit.X. Leveraging Alibaba Cloud’s comprehensive platform, Benefit.X looks forward to continually innovating and growing by offering accessible financial services to SMEs while streamlining its HR operations."
Keith Lim
CEO, Benefit.X
About Benefit.X
Benefit.X redefines corporate credit and optimizes HR operations for small and medium enterprises (SMEs). Its all-encompassing toolkit, including corporate cards, digital loans, and a cutting-edge human resource management system (HRMS) platform, enables SMEs to overcome cash flow and operational challenges. Benefit.X envisions to empower SMEs by eliminating their credit woes, allowing them to scale their businesses seamlessly. In addition, it aims to provide small businesses with convenient access to self-administered tools to alleviate operational bottlenecks and manage HR entitlements and benefits information. All three key components of the Benefit.X platform work in tandem and are available via desktop and mobile app versions.
Challenge
Before onboarding onto Alibaba Cloud as its cloud technology partner, Benefit.X leveraged a mix of services from multiple vendors. It was using different cloud providers for infrastructure management, domain management, SMS services, Optical Character Recognition (OCR), app testing, and mobile analytics. Managing and consolidating services from multiple vendors was no less than a nightmare for Benefit.X. In addition to operational challenges, it was incurring considerable costs to manage different platforms.
Why Alibaba Cloud
Alibaba Cloud, a world-class public cloud provider with a comprehensive suite of networking, storage, and computing products, was a definite choice for Benefit.X. Alibaba Cloud’s tailored solutions for the Fintech industry easily meet all the requirements of Benefit.X cost-effectively. With Alibaba Cloud’s one-stop solution, Benefit.X can put all its multiple vendor management woes at bay. Leveraging Alibaba Cloud’s comprehensive platform that provides cost-efficient, advanced, intelligent, and secure services, Benefit.X aims to focus more on building HRMS and Fintech capabilities for its customers.
With Alibaba Cloud, Benefit.X bid adieu to all its multiple vendor management hues. Now it manages all of its requirements via a single platform in a unified manner. The proposed solution consists of various Alibaba Cloud’s core products, including Elastic Compute Service (ECS), ApsaraDB for Relational Database Service (RDS), and API Gateway. Alibaba Cloud ECS ensures a flexible and elastic solution that provides the computing power needed to support the Benefit.X platform. It helps to create a faster and more stable system while also optimizing costs. Alibaba Cloud RDS is a stable, scalable, and reliable online database service that is cost-effective and easy to use. It facilitates database operations and maintenance by providing dynamic data backup, disaster recovery, restoration, and monitoring. Alibaba Cloud API Gateway also helps Benefit.X to ensure seamless cooperation among partners to enable smooth enterprise operations. Using API Gateway significantly helps to build a healthy ecosystem. Furthermore, Benefit.X leveraged an array of Alibaba Cloud services, including SMS, Email, OCR, Mobile App Testing, and Analytics, to coherently improve operations and focus more on its core business.
Looking Forward
Benefit.X looks forward to continually innovating and growing through its collaboration with Alibaba Cloud to offer accessible financial services to SMEs while streamlining its HR operations. Alibaba Cloud’s complete range of versatile solutions perfectly fits with Benefit.X product offerings and would potentially help the company to scale up operations in the near future. Benefit.X may also leverage Alibaba Cloud’s more value-adding services related to HRMS, payment, and operations for empowering SMEs across industries.
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Snapshot
With Alibaba Cloud’s one-stop solution, Benefit.X can put all its multiple vendor management woes at bay.
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