carrot carrot carrot Change Centers x cognizanti collaborators create-folder Data Science Decisive Infrastructure download download edit Email exit Facebook files folders future-of-work global sourcing industry info infographic linkedin location Mass Empowerment Mobile First our-latest-thinking pdf question-mark icon_rss save-article search-article search-folders settings icon_share smart-search Smart Sourcing icon_star Twitter Value Webs Virtual Capital workplace Artboard 1

Please visit the COVID-19 response page for resources and advice on managing through the crisis today and beyond.

MINIMIZE DISRUPTION

Cognizant Paycheck Protection Program Forgiveness Solution

Cognizant Paycheck Protection Program Forgiveness Solution

Manage small-business customers with an intuitive solution that keeps processing costs low.

Be there for customers—and keep your bank on track

Processing the CARES Act’s small-business loans proved overwhelming for many banks. The next phase doesn’t have to be.
Cognizant Paycheck Protection Program (PPP) Forgiveness Solution is a turnkey solution to manage the adjudication process from end to end. Your customers get an intuitive portal that connects seamlessly through the middle and back office and then to our call center. You gain a reliable, efficient solution that keeps costs low.  
With PPP Forgiveness Solution, you can:
  • Minimize business disruption
  • Implement quickly
  • Provide a supportive customer experience
  • Track audit and compliance data
  • Reduce transactional costs by 10%–25%
THOUGHT LEADERSHIP

Latest thinking

With the next phase of PPP undecided, here’s what banks can do to prepare.
BLOG
With the next phase of PPP undecided, here’s what banks can do to prepare.

Here's what PPP lenders can do during this period of legislative limbo to ensure they can act quickly when more clarity is gained.

READ MORE
Speeding small-business recovery in the post-pandemic economy.
BLOG
Speeding small-business recovery in the post-pandemic economy.

Here's how banks can be part of the solution for helping small and midsize businesses emerge successfully from the COVID shutdown.

READ MORE
Is small-business lending slipping away from large banks?
BLOG
Is small-business lending slipping away from large banks?

Large banks dropped the ball on small business lending through the Paycheck Protection Program. Here’s how they can get back in the game.

READ MORE
Supporting small businesses in the pandemic goes well beyond lending.
BLOG
Supporting small businesses in the pandemic goes well beyond lending.

From offering SMB-specific products and financing options, to joining digital marketplaces, there are many ways for banks to support small businesses.

READ MORE
CAPITAL MARKETS MANAGEMENT

Leadership

Mahesh Subramanium

Senior Partner, Digital Transformation, Banking and Financial Services