📊 CMS Feature Comparison: Major Public Sector Banks in India
| Feature Category | State Bank of India (SBI) | Punjab National Bank (PNB) | Bank of Baroda (BoB) | Union Bank of India | Canara Bank |
|---|---|---|---|---|---|
| Digital Platform | SBI CMS Portal – Integrated dashboard for collections, payments, reconciliation, MIS.Host-to-host & API capabilities. | PNB Corporate Internet Banking (CIB) + CMS module; APIs and secure ERP integrations. | Baroda CMS – Centralized cash/cheque collection/disbursement with ERP/API integrations. | Union CMS Suite – CMS portal with MIS, approvals, bulk upload, and reconciliation tools. | Canara Cash Connect – Web-based CMS platform for collections, disbursements, MIS, and reconciliation. |
| Payment Solutions | RTGS, NEFT, IMPS, NACH, UPI, DD/Cheque Printing, e-Mandate, Corporate Salary uploads.Direct integration with client ERP. | NEFT/RTGS/IMPS/NACH Bulk Uploads; Payable at Par, DD issuance, Salary Processing.Bulk Cheque Printing with pre-approved templates. | Bulk NEFT/RTGS/IMPS/NACH Payments; Pay Order/Cheque Printing; Structured settlements.Corporate Payroll management tools. | Corporate Salary, NEFT/RTGS/NACH Bulk Uploads; Treasury Payments; DD printing, statutory & vendor payments. | NEFT, RTGS, NACH, Salary Disbursement, Bulk Payments, Standing Instructions, and DD/Cheque issuance support. |
| Collection Solutions | Cheque & Cash Collection (Pan-India); Virtual Accounts; E-Collections; UPI QR Integration; Cheque Pick-up Services.CMS API for validation and auto-reco. | Upcountry & Local Cheque Collection; Virtual Accounts; Cash Pickups; NACH Debit; e-Mandate Setup; UPI Integration. | Virtual Accounts for customer reconciliation; Cheque & Cash Pick-up; E-collections via NEFT/IMPS; NACH Debits. | Local/Upcountry Cheque Collections; Cash Pickups; Virtual Accounts; e-Collection with validations; UPI & POS support. | Cheque & Cash Collection Services; Virtual Accounts; UPI and e-collections; NACH Debit/Credit; Auto Reconciliation. |
| Liquidity Management | Real-time Fund View; Auto-sweeps; Cash pooling across accounts; Daily MIS for CFO-level decision-making. | Auto-Sweep, Fund Pooling, Liquidity View with auto dashboards, short-term float optimization. | Cash concentration from multiple locations, Sweep in/out options, Custom liquidity dashboards. | Cash Pooling across branches/accounts; Zero Balance Account facility; Surplus Fund Optimization tools. | Auto Fund Transfer, Real-time Fund Flow Tracking, Cash Pooling, Sweep Account Features. |
| Reporting/MIS | Real-time Dashboards; Automated T+0/T+1 reconciliation; Custom Reporting via CMS Portal.Alerts via SMS/email. | MIS through Portal & API; Exception Reporting; Reconciliation Statements; Custom Reports & Audit Trails. | CMS Portal Reports; Statement Reconciliation; Cheque Clearing Reports; Exception Alerts. | Full-featured MIS; Email Notifications; Dashboards; TAT Alerts; Statement downloads. | Customizable MIS Reports; CMS Alerts; Email/SMS-based Notifications; Reconciliation Dashboards. |
| Sector Targeting | Large corporates, PSUs, MSMEs, NBFCs, Government departments (incl. tax/utility collections). | Corporates, Government vendors, PSUs, Medium Enterprises. | SMEs, Large Corporates, Government & Institutional clients. | SMEs, Mid-Large Corporates, Government Payments, Municipal Bodies. | SMEs, Educational Institutions, Utility Companies, Government Schemes. |
| API Availability | Yes – RESTful APIs for collections, payments, reconciliation, account validation, & reports. | Yes – APIs for cash management, virtual accounts, collections, and bulk payments. | Yes – Baroda Connect APIs for disbursements, validations, and status retrieval. | Yes – API Banking Suite with CMS-related functionalities for integrations. | Yes – CMS APIs available for ERP integration, Virtual Accounts, and Fund Transfers. |
| Customization | High – Customized CMS flows for corporates and government bodies with layered authorization. | Medium – Some custom workflows based on volume & relationship. | High – Tailored cash flow solutions and integration services for large entities. | Medium-High – Offers configurable bulk upload and approval flows. | Medium – Basic configurations possible for collection/payment workflows. |