Advantages to use the system for the bank:Advantages to use the system for the bank's customers:
  • Cementing relationships with corporate customers by way of rendering additional unique services, raising customers’ motivation to work with the bank;
  • Concentrating accounts of corporations, their subsidiaries and affiliates within the bank’s structure, raise balances on the bank’s accounts as well as volumes of transactions through the bank;
  • Integrating the bank’s infrastructure into a customer’s financial back office;
  • Commanding loyalty of customers through their usage of the bank not only as a settlement instrument but a supplementary own financial management tool as well;
  • Ensuring an additional revenues source from the legacy IT infrastructure.
  • Corporate funds saving through hands-on finance management;
  • Ensuring transparency of the corporation’s financial status and cash flows;
  • Ensuring a low cost of service to a single client as the total cost of the ECC solution is distributed among multiple corporate customers of the bank;
  • Ensuring the capability to ’technically prohibit’ expenses from accounts of subdivisions, subsidiaries, and affiliates of a corporate customer at the level of payment documents, provided that the corporation’s financial top management has not accepted them;
  • Using informational and technological, communicational, hardware support of the bank(outsorcing of the bank’s IT infrastructure).

Tasks of bank customers to resolve: Specific features of the solution:
  • Fully picturing the current status and allocation of financial resources in real time;
  • Controlling (preliminary and subsequent controls) cash flow movements;
  • Accepting (’allow’ mark) transactions performance (or ’technical prohibition’ of transactions performance if there is no acceptance mark);
  • Planning cash flow movements (generating budgets for cash flow movements, calendar of payments);
  • Generating a centralized database of regulatory and reference information;
  • Ensuring highest possible transparency of the corporation’s financial flows;
  • Analysis of cash flow movements;
  • Analysis of subdivisions’ account balances;
  • Analysis of flows broken down by types of finances;
  • Analysis of finance movements broken down by analytical indicators;
  • Analysis of performance of the budget for cash flow movements), etc.
  • Ensuring the capability to generate reports for management of different levels:
  • Consolidated reports;
  • Reports with subdivisions breakdown.
  • Covers the whole financial structure of the corporation taking into account its organizational, geographical, and project composition;
  • Automates activities of corporate treasury (department of finances) and its subdivisions with different levels of centralization and geographical distribution of functions;
  • Operates in real time;
  • Creates an e-workflow system;
  • Integrates with ERP systems and banking systems (bank-client). Organizes a common information system for corporate management.
The customer can be provided with all basic functions and features of the ECC system individually combined or within a complex, thus enabling the bank to adapt services to be provided to corporate customers in accordance with their needs.

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