
Corporate Banking Suite
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Overview
Utilizing its over 30 years of expertise in innovating payment solutions that contribute in improving business processes and achieving the strategic objectives of financial institutions, ProgressSoft has realized the mounting pressure on banks to digitize services that take care of every detail of the corporate banking landscape.
Accordingly, ProgressSoft launched its Corporate Banking Suite, PS-CORPay, an advanced, comprehensive solution that provides banks, corporates (small, medium and large), and government establishments with the means to maintain, manage and execute different front-office banking services and conduct payment and banking transactions remotely.
PS-CORPay is designed to address the inadequacies of the current costly, time-consuming and risky processes between banks and corporates and provide an advanced, smooth workflow for corporates to conduct financial transactions and control banking transactions from their own systems. The modern solution embraces a modular architecture that includes the following modules:
- Trade Finance
- Payments
- Check Management
- Cash and Liquidity Management
- Data Analytics and Dashboards
Key Features
Open APIs Orchestrator
PS-CORPay comprises a standard set of defined Application Program Interfaces (APIs) that facilitate seamless integration with omni-channels, middleware/services bus and core banking systems. This allows banks to integrate with several back-end systems through PS-CORPay.
Web-Based Solution
PS-CORPay is a web-based solution that is created, designed and developed using the latest World Wide Web Consortium (W3C) internet standards. End-users can access PS-CORPay through web browsers and front-end User Interfaces (UIs) to interact with the full functionalities of the suite.
Multi-Currency Support
PS-CORPay supports and maintains multiple currencies that allows for the exchange and management of transactions in numerous supported currencies. Transactions can also be filtered according to currency.
Modular Architecture
PS-CORPay is designed with a modular architecture where each module presents specific business logic to cover the defined business scope. Each module within PS-CORPay is a self-contained component that works in complete harmony with other modules within the suite.
X-Eye Standard Workflow
PS-CORPay offers a standard workflow where all initiated outgoing and incoming items undergo the 4-eye, 6-eye, or any customized ‘X-eye’ workflow according to procedures and policies. It is mainly composed of the three main stages of data entry, verification and approval.
Ultramodern User Experience
PS-CORPay offers an ultramodern User Experience (UX) with a Graphical User Interface (GUI) that provides an intuitive, user-friendly and professional design. It takes into consideration colors for individuals with color blindness, as well as other visual indicators that highlight important actions with relevant icons and color-coded system notifications according to levels of urgency.
Corporate Portal
PS-CORPay offers a corporate portal where corporates can operate all their different front office banking services internally. This portal consists of all the main, complementary and output generating modules and supporting services.
Bank Portal
PS-CORPay offers a bank portal where banks can manage their corporate clients that are connected to the portal. This portal consists of the Banks Management and Corporate Management supporting services in addition to Data Analytics & Dashboard module. Furthermore, the bank portal can be customized to accommodate for additional functionalities such as tailored workflows that the bank may request to be capable of handling through the portal.
Key Benefits
Efficient Workflow
PS-CORPay offers corporates an automated system that handles the numerous corporate front-office banking functions. It automates and facilitates communication between banks and corporates, and offers an efficient, user-friendly and secure process workflow.
Full Visibility
PS-CORPay provides corporates with visibility over their total cash position and the ability to easily transfer funds to beneficiaries, in addition to online tools that assist in overcoming new market challenges and increasing efficiency and profits.
Full Management
PS-CORPay also presents the benefits of reducing cost and managing risk, as well as meeting regulatory requirements through the efficient management of their daily liquidity. It provides internal tools that are essential for corporates in their financial planning, budgeting, decision-making and general financial management.
Simplified Financial Interactions
PS-CORPay simplifies and facilitates financial interaction between banks and corporates especially in trade finance, payments, checks and official requests, and provides crucial financial information to the corporation internally, from their own data, or externally, from the banks, to avail all information to corporate decision makers, maximizing profitability and sustainability.