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SunTec Business Solutions Enhances its Account Analysis Offering for Corporate Banking
SunTec Business Solutions, the world’s #1 relationship-based pricing and billing software company, today announced the release of the latest version of SunTec Account Analysis Offering, which marks a significant leap forward in the realm of corporate fee billing.
This advanced offering enables holistic customer life cycle management. It offers a host of innovative features and capabilities that empower banks to revolutionize billing, compete for customer balances with innovative offerings, and grow their revenue.
Amit Dua, President, SunTec Business Solutions said, “We are excited to introduce the latest version of SunTec Account Analysis. Our commitment to innovation has resulted in an offering that caters to the pain points of corporate treasury teams and empowers banks to manage the entire customer life cycle, beyond just pricing and billing, thus unlocking revenue potential and enhancing the customer experience.”
Account analysis is a critical banking function yet has remained largely unchanged for decades. With this version of SunTec Account Analysis, banks can address this disparity and look beyond traditional pricing and billing. The new modules enable preferential pricing, benefits and bundling, real-time analysis capabilities, and end-to-end deal management functionality that simplifies new business acquisition and contract renewals. Banks can deploy SunTec Account Analysis to replace existing billing systems partially or entirely and to support specific use cases like hybrid interest accounts, green earnings credit rate (ECR) statements, partner ecosystem management, and more. The offering streamlines processes, plugs revenue leakage, enhances customer satisfaction, and delivers real-time insights to treasurers on liquidity and cash positions.
SunTec Account Analysis can help banks with a remarkable 70% reduction in time-to- market. The offering is highly adaptable and can be deployed on premise, on cloud and as SaaS, to cater to the specific needs of banks. Its modular nature allows for a phased implementation, thus minimizing business disruption
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