The single system banking platform lets financial institutions package products and services for different markets and individual customers. It can be deployed through an in-house environment or by using the P&H Outsource Solutions Center.

Over 90 different modules are available, designed for small office/home office (SOHO) businesses as well as corporate clients. The P&H Web Cash Manager Suite also provides an infrastructure for integrating other products and services offered by financial institutions.

We have already migrated over 2,000 small businesses to this new platform and their ability to access new products and services as their needs change is a clear competitive advantage for us, said Barbara Morizot-Leite, SVP and cash management manager at Ocean Bank.

Banks like Ocean Bank are ideal candidates for adoption of our enterprise business banking strategy because of their diverse customer base, added Ralph Dangelmaier, president and CEO of P&H Solutions.