Proponix360™

Proponix360, a comprehensive and customizable Software as a Service (SaaS), that delivers all the software, infrastructure and support resources necessary to power a bank’s global trade business. As a result, CGI enables banks to provide the full range of trade, supply chain solutions and cash management anywhere, anytime to their corporate customers.

Proponix360 is a proven global platform, currently supporting bank’s trade business in over 20 countries across Asia, Europe, North America, and Oceania, as well as over 3,000 front-end corporate users. The Proponix360 platform provides access to a superior technology infrastructure for trade through the SaaS model. Proponix360 is comprised of a corporate Trade Portal, an efficient back office Trade Processing System with sophisticated imaging and workflow, an advanced reporting utility, and clean XML based integration architecture. New Supply Chain functionality within Proponix360 includes support for open account payments, enhanced Purchase Order/Invoice management and matching, and comprehensive supply chain financing capabilities including, pre-shipment, receivables, post-shipment, and payables financing (reverse factoring). A ground breaking account receivables management solution provides efficient payment to invoice matching and invoice financing. And the new cash management capabilities add account query, account transfers, domestic single and bulk payments, and international payments.

Proponix360 enables banks to:

• Access a common global platform built uniquely for multi-bank, multi currency processing which allows banks to standardize their global technology platform and configure their operations models as needed
• Increase bottom line by supporting customers’ entire supply chain from end-to-end
• Move beyond traditional products, such as Letters of Credit, and provide innovative and collaborative new services for a frictionless supply chain
• Reduce technology ownership costs by leveraging a shared services infrastructure and development costs
• Gain sustainable competitive advantages with always-current features and rapid time-to-market, requiring no upgrade project to fund and resource.

Also see

• Articles – CGI has published a number of articles in the trade and supply chain finance sector that provide insight into industry trends and innovative ideas to help position organizations for success in the months, years and decades ahead.
• Solution brief – Supply Chain Finance (PDF), how offering SCF solutions will help banks improve their competitiveness and enhance customer relationships.
• Solution profile – Proponix360 (PDF), delivers all the software, infrastructure and support resources necessary to power a bank's global trade business.
• White paper – Supply Chain Finance: A new way for trade banks to strengthen customer relationships (PDF)