Strands BFM

Business Financial Management

The BFM solution provides banks with financial planning and management services for their SMEs customers. It helps optimize their business clients with optimal accounting and bookkeeping tools.

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Revolutionize your customer experience

We’ll help you increase your bank’s digital engagement leveraging transactional data and open banking services.

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Customer engagement
rate

%

Cross selling
ratio

%

User interaction with insights

Trusted by worldwide leading banks

Crédit Agricole
Finax
AIB
Huntington
STEP
ADCB
NCBA
BANK OF GEORGIA
BAC
Galicia
Davivienda
Banco BPM
HSBC
Santander
Macro
Money
Banco Cooperativo Español

Changing the way customers manage their finances

1. AGGREGATE

Complete payment lifecycle control

Aggregate your SME customers’ accounts and invoicing provider to offer optimal financial control over their payment cycle.

  • Reconcile bank account transactions with AP/AR across all customer’s accounts via our aggregation partners.
  • Provide effortless 360-degree financial overview leveraging Open Finance to gather and analyze customers’ data.
  • Inform customers when invoices are being paid, having access to all the accounts associated with their businesses.

2. ENRICH

Leverage patten detection and predictive models

Enriching transaction data allows for better categorization, forecasting and predictions to your SME customers.

  • Enable transaction categorization through description cleansing and merchant name extraction.
  • Harvest the potential of predictive models to detect and organize payment patterns.
  • Forecast cash flow and support them to react in time avoiding liquidity risks.

3. PERSONALIZE

Guide your customers to take the next best action

Provide them with real time insights tailored to their needs to support their financial wellness.

  • Customize dashboards and reports to help them become more aware of their spending habits.
  • Encourage them to take better financial decisionsby creating provisioning goals, and budgeting.
  • Provide them with tailored solutions, advice and products based on their real needs, in real time.

Driving bank KPIs from SME clients to a new level

Boost growth and optimize management

Improve customer experiences and reduce operational costs with advanced data analytics

Provide smarter control of
finances

Engage customers through data-driven insights, personalized service and tailored solutions

Plan ahead for better
business focus

Calculate tax estimations, plan donations, and create custom thresholds for future payments

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