âSperanza Command Centerâ¢ is expected to assist us in achieving even greater efficiencies with our banking processes,â said Julie McDonald, treasury manager, from Riverstone Residential. âWe look forward to implementing a more controlled, auditable environment.â
Speranza Command Centerâ¢ is a Web-based platform that streamlines how companies interact with their financial institutions. Corporate finance teams and their banks use Speranza Command Centerâ¢ to automate the identification and authentication process, improve control and regulatory compliance, and improve the visibility on audit trails. The product streamlines several functions related to bank relations, including: exchanging banking mandates, opening a bank account, administrative changes related to the account (i.e., addresses, changing account name), adding/removing account services, adding/changing signers, and closing accounts.
âCompanies in real estate and property management are faced with significant challenges in terms of bank relationship management because property under management may take different legal forms and forms of ownership,â said Glen Solimine, chief executive officer of Speranza Systems. âThe property manager is often tasked with opening, closing and maintaining accounts and signatory rights for accounts they do not own. We provide these companies with the ability to take control of their banking needs by automating processes that have traditionally caused headaches and delays.â