Access Bank has introduced Nigeria’s first Corporate Internet Banking Solution with a variety of features optimised to address the traditional payment and cash management requirements of large corporate and other categories of businesses. Unveiled in Lagos Monday, Primus by Access Bank is developed to address the complexity of daily business operations through effective management of payments, receivables, liquidity and supply chain.
Primus is an intelligent banking solution with interactive capacity to help businesses forecast cash flow, optimise trade services, management investment and support their internal reporting and reconciliation processes. The revolutionary internet corporate banking solution is specifically designed to enhance business efficiency by simplifying the complex dynamics of daily operations of businesses and their relationship with value chains.
Addressing a broad audience of Chief Executive Officers and Financial Officers at the product launch, Aigboje Aig-Imoukhuede, Access Bank Group Managing Director, said that Primus is one of the 200 industry defining initiatives scheduled for implementation by the Bank in the coming months. The Bank’s Chief Executive Officer said that introduction of Primus is Access Bank’s response to the growing need for an intelligent banking solution that supports the daily activities and operational success of businesses in Nigeria.
Corroborating Aig-Imoukhuede, his Deputy who is the Bank’s CEO-Designate, Herbert Wigwe said that with the launch of Primus, Large corporates, oriental businesses and other categories of businesses involved in the complex dynamics of daily business operations will have a superlative experience in managing their daily activities with the introduction of our corporate internet banking solution”.
He added that “the corporate internet banking solution is not just a secure multi-transaction management platform that removes the complexities around daily financial management of multinationals and large corporations but also facilitates easy transaction with suppliers and distributors as well as employees in the value chain by simplifying the processes involved in executing payment, managing receivables and treasury services in the daily dealings of organisations.”
Wigwe at the launch said that “Primus, the corporate internet banking solution by Access Bank, is a 21st century-game changer that offers its users all the convenience, security and flexibility in cash management and payment with just a click of button”.
The corporate internet banking solution is amongst the 200 initiatives announced by the Bank since its opening of floodgate of innovative in July after the presentation of its 5-year strategy for 2013 – 2017 and is a manifestation of the Bank’s aspiration of becoming the world’s Most Respected African Bank.
Anchored on its pledge of Speed, Service and Security to customers, the Bank has embarked on a mission that will create unique value for its customers and stakeholders. The Bank, through its sustainable business model, will support and collaborate with different sectors of the economy towards achieving the desired growth.