STRANDS COMPASS

BENEFITS

Serving as SMEs’ guiding compass, providing the support and direction they need to navigate toward success

By adopting Strands Compass, banks extend their digital banking capabilities by becoming agile, data-driven allies and offering a comprehensive platform to business clients. Simplify financial management, enabling your SME customers to focus on growth, and enhance their engagement.

Financial InstitutionsFinancial Institutions

Receive Real-Time Insights

Use real-time data to cover precise cash flow predictions.

Exploit Open Finance

Collect new data sources such as invoicing and use it to increase your cross-selling opportunities.

Avoid intermediation

Increase customer loyalty by making online banking the primary option.

End UsersEnd Users

Unique View On Working Capital

Transactional and AR/AP in a single view with a seamless navigation interface.

Fast Receivables

Be on top of clients and supplier through payables management.

Effective Management

Bring an easy and effective control over their cash flow forecasting and accounting.
Increase business customer satisfaction

%

Customer engagement rate

%

Cross selling ratio

%

User interaction with insights

FEATURES

Driving bank KPIs from business clients to a new level

Streamline multi-banking cash flow and forecasting for SME customers

Leverage accounting data for real-time and multibanking insights into cash flow, empowering SMEs to proactively manage their finances.

Utilize AI-driven analytics for advanced forecasting, providing accurate predictions and actionable insights to empower data-driven decisions.

Navigate potential risks with timely alerts and proactive insights, guiding SMEs to address cash flow challenges before they escalate.

Simplify Their Invoicing Management for a Better Efficiency

Integrate with third-party external invoicing providers for a seamless experience, gaining clear direction with real-time insights and better understanding of SME payment statuses.

Navigate transactions and automate invoice reconciliation eliminating manual efforts and streamlining financial processes.

Leverage on AI-based analytics for a better understanding of inflows and outflows to efficiently track debtors and outstanding invoices.

Facilitate Seamless Credit Access to your SME Customers

Gain deeper insights into SMEs’ financial health, credit scoring, and risk indicators thanks to enriched data and AI-based analytics.

Get empowered to offer personalized services and tailored solutions, guiding SMEs toward smarter financial decisions.

Break down complex financial information into clear and digestible insights, driving growth and success for SMEs.

NOVO BANCO SUCCESS STORY
The most up-to-date account information

Strands' BFM solution was embedded into Novo Banco’s system with Strands providing end to end support. SME customers can keep track of their financial situation with accounts automatically updated after each transaction.

BFM ENGAGER

BANCO BPM SUCCESS STORY
Revolutionizing traditional banking

Banco BPM decided to undergo a full-on digital banking transformation launching Strands full product suite: PFM, BFM, and Engager. Altogether combined with Stands Tech Enablers, the bank completely transformed their customer’s banking experience in all digital channels.

PFM BFM ENGAGER

STEP SUCCESS STORY
Creating a Personalized Experience Tailored To Real Needs

STEP 4 Business is the first fully-fledged digital marketplace of products and services designed for SMEs, in “Amazon Style”. The platform offers a comprehensive one-stop-solution integrating the best financial...

BFM ENGAGER

AKBANK SUCCESS STORY
Akbank SME Movement – ‘For Your Business’ Service

Akbank, one of the biggest banks in Turkey, launches “For Your Business” service as a part of the SME Digitalization Program. As a bank with innovation and associations with fintechs and its compelling culture...

BFM ENGAGER

BANK OF GEORGIA SUCCESS STORY
A Leading Universal Bank in Georgia

In 2015, Bank of Georgia launched a mobile bank. Ever since, it’s been ramping up its digital transformation program. By all accounts, the bank is on to something...

BFM

HUNTINGTON SUCCESS STORY
Everything in one place with The Hub

US bank, Huntington Bancshares Incorporated is a regional bank holding company with $109 billion in assets, making it the largest in the Midwest region...

PFM BFM

WHY CHOOSE US

We are a Global Leader with a proven track record in the Fintech industry

Data analytics at the core with real-time technology

Leverage ML categorization enrichment engine and analytics model to detect real time events based on customers behavior.

Top skilled people sharing their
expertise

Our professionals will support you during solution design, implementation and after go live phase.

Unrivaled service model for all
sizes

Our solutions can be consumed via SaaS on private cloud for EU, on AWS for US, multi-cloud or legacy systems.

Data analytics at the core with real-time technology

Leverage ML categorization enrichment engine and analytics model to detect real time events based on customers behavior.

Top skilled people sharing their expertise

Our professionals will support you during solution design, implementation and after go live phase.

Unrivaled service model for all sizes

Our solutions can be consumed via SaaS on private cloud for EU, on AWS for US, multi-cloud or legacy systems.

Get spend management in line with your growth.
Let us help you scale.

X

PRIVACY NOTICE

This form collects your basic personal information so that we can continue to send you relevant information and updates about the world of Fintech.

By giving your consent, you'll stay on our distribution list and more importantly, in the loop about the latest Strands news.