Keybank

KeyBank, developed by KBS Software, is an integrated asset finance and commercial bank platform designed specifically for the SME finance sector. According to the vendor, this solution caters to the needs of small and medium-sized enterprises, including financial institutions, asset finance companies, commercial banks, leasing companies, and contract hire companies. KeyBank aims to empower these professionals and industries to efficiently manage their operations, streamline processes, and make informed financial decisions.

Key Features

Multi-Branch Configuration: According to the vendor, KeyBank supports multi-branch configuration, enabling financial organizations to efficiently manage multiple branches from a single integrated platform. This feature aims to provide centralized control and oversight, potentially streamlining operations and improving overall efficiency.

Multi-Currency Configuration: The vendor claims that KeyBank offers multi-currency configuration, allowing financial organizations to seamlessly handle transactions in different currencies. This feature aims to simplify international operations by facilitating currency conversions and accurate exchange rate calculations.

Operational General Ledger: According to the vendor, KeyBank provides an operational general ledger, allowing financial organizations to effectively track and manage financial transactions. This feature aims to ensure accurate and real-time recording of financial data, supporting financial reporting and analysis.

Integrated Proposal Taking: The vendor states that KeyBank provides integrated proposal taking functionality, streamlining the loan application process for financial organizations. This feature aims to enable seamless capture and processing of loan applications, potentially reducing manual data entry and improving overall efficiency.

Underwriting Functionality: According to the vendor, KeyBank includes underwriting functionality, empowering financial organizations to assess and evaluate loan applications. This feature aims to support risk assessment, credit analysis, and decision-making processes, ensuring responsible lending practices.

Customer and Account Notepad: KeyBank offers a customer and account notepad feature, allowing financial organizations to record and track important information related to customers and accounts. According to the vendor, this feature aims to facilitate efficient communication and collaboration among team members, ensuring a comprehensive view of customer interactions and account history.

Arrears Management: KeyBank offers arrears management capabilities, allowing financial organizations to effectively manage and track overdue loan payments. The vendor claims that this feature aims to streamline collections processes, including automated reminders, payment arrangements, and reporting.

Direct Debits (Both SEPA and BACS): According to the vendor, KeyBank supports direct debit functionality, enabling financial organizations to collect payments directly from customer accounts. This feature aims to provide a convenient and automated payment method, ensuring timely and efficient collection of loan repayments.

EFT (Both SEPA and BACS): KeyBank includes electronic funds transfer (EFT) capabilities, allowing financial organizations to electronically transfer funds between accounts. According to the vendor, this feature aims to facilitate secure and efficient fund transfers, supporting various financial transactions within the platform.

Dealer Accounting: The vendor claims that KeyBank offers dealer accounting functionality, enabling financial organizations to manage and track transactions with dealerships. This feature aims to streamline accounting processes related to dealer transactions, including commission calculations, invoicing, and reconciliation.