GPP (Global Payment Plus) is not a bank itself but rather a multi-bank capable online banking solution designed for businesses. It's an all-in-one online application that simplifies the management of multiple accounts and transactions in a standardized way. Think of it as a professional payment services platform that integrates with various banks your company might use.
Here's a breakdown of what GPP offers:
- Centralized Management: GPP allows you to manage all your accounts across different banks from a single platform, eliminating the need to log into multiple banking portals.
- Standardized Interface: Regardless of the underlying bank, GPP provides a consistent user interface, making it easier to perform tasks like initiating payments, viewing balances, and generating reports.
- Enhanced Control: GPP often includes features like user access controls, payment approval workflows, and audit trails to enhance security and compliance.
- Efficiency: By streamlining cash management processes, GPP can help companies improve efficiency and reduce operational costs.
In short, GPP is a software platform that acts as a central hub for managing your company's banking relationships and transactions across multiple financial institutions. It helps businesses consolidate their banking activities for better visibility and control.
