Sterling Bank upgrades digital solution for businesses

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p style="text-align: justify;">Sterling Bank Plc has said it recently upgraded SterlingPro, its market-leading digital banking solution,to give corporate and business banking customers a competitive edge at all times.

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p style="text-align: justify;">A statement on Wednesday titled ‘SterlingPro now delivers dream banking experience for businesses’ said this was important as COVID-19 was proving that digital banking was no longer optional.

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p style="text-align: justify;">The Executive Director, Corporate and Investment Banking, Sterling Bank Plc, Yemi Odubiyi, stated, “SterlingPro is the bank’s flagship corporate Internet banking productproviding real-time solutions that evolve with the needs of its customers’ businesses.”

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p style="text-align: justify;">He described SterlingPro as the game-changer,adding that the product would solve the challenges associated with liquidity management in the present-day business environment.

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p style="text-align: justify;">Explaining the rationale behind the upgrade, Group Head, Transaction Banking and Corporate Solutions, Sterling Bank, Kelechi Nwaoba, said small and large businesses could now profile multiple users on the platform.



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p style="text-align: justify;">He stated, “SterlingPro has been improved to help businesses better manage liquidity with features that allow choices between single or bulk funds transfers in local and foreign currencies.

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p style="text-align: justify;">“The platform allows single or bulk transfers of local currency up to N500m as well as foreign currency transfers up to $25,000 atdefault limits.”

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p style="text-align: justify;">Nwaoba, while assuring business owners of the platform’s flexibility,stated that SterlingPro could be integrated into a business’ enterprise resource planning system.

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p style="text-align: justify;">According to him, “this allows businesses to conduct activities seamlessly from their systems with SterlingPro plugged in.”

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p style="text-align: justify;">Other features of the platform according to the statement included bills payment,aggregate account management, account statement downloads in different digital formats, transaction reference IDsfor real-time transactions monitoring,automated transfer receipts generation,consolidated transaction reportsas well vendor onboarding and management modules.



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p style="text-align: justify;">It stated that the the system had also been upgraded to manage varying access and function ranging across combinations of view and transaction levels.

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p style="text-align: justify;">Nwaoba added that there were several approval levels for concluding transactions on SterlingPro, adding that they were to ensure better security and business governance for business transactions.

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p style="text-align: justify;">Copyright PUNCH.

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p style="text-align: justify;">All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

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p style="text-align: justify;">Contact: theeditor@punchng.com
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