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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%
BUSINESS INTELLIGENCE

Latest thinking

Speeding Small-Business Recovery in the Post-Pandemic Economy
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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.

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Is Small-Business Lending Slipping Away from Large Banks?
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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.

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CAPITAL MARKETS MANAGEMENT

Leadership

Mahesh Subramanium

Senior Partner, Digital Transformation, Banking and Financial Services

Jack Leach

Practice Lead, Digital Transformation, Commercial Banking