Stone facade of a traditional bank building with the word BANK carved above the entrance

Framework

Banking & Finance Framework.

Our Banking and Finance Frameworks are delivering millions in savings across the UK Public Sector. Already utilised by 1 in 4 UK Councils, our Frameworks provide compliant access to a range of market-leading financial services.

Why organisations choose OUR FRAMEWORK

What the Framework does for you.

01

Identify potential savings

Our free, no-obligations comparison reports identify the savings your organisation could achieve through the framework rates we've secured. While these are often over 30% for merchant services, we have uncovered savings of 55%+, and even 96% with innovative open banking solutions.

02

Flexible contracts

Whether you are seeking a shorter contract term with optional extensions for flexibility or a longer contract to lock in the savings we've secured for your organisation, your dedicated Account Manager will coordinate with your chosen supplier to determine the most optimal contract terms for you.

03

Tailored solutions for your organisation

Instead of the one-size-fits-all approach typical of procurement Frameworks, our unique evaluation system enables you to be matched to the pre-vetted, market-leading supplier that best meets your organisation's specific requirements.

04

Greater oversight

Utilise our unique contract monitoring systems to track key data; including our Invoice Validation Service, which checks every line item of your statements for accuracy, with our team coordinating with your supplier on your behalf to correct any errors.

How it works

See how much you can save.

Receive your complimentary, no obligations comparison of your current arrangements and the services and rates available to you through this Framework.

1

Send one statement

Share a single statement from your current provider, that’s all we need to begin.

2

Report in a week

We produce a no-obligation comparison report, matching you with your ideal pre-vetted suppliers.

3

Service live in 5 weeks

Our team can fully manage and prepare your contract for a seamless start in as little as 5 weeks.

The Lots

What's covered.

Lot 1

Income Management Systems

Systems for collecting and managing payments.

Lot 2

Banking Services

Core public-sector banking arrangements.

Lot 3

Merchant Services

Card processing fees.

Lot 4

Call-masking & IVR

Phone card payments

Lot 5

Open Banking Payments

Account-to-account payments, without card fees.

Lot 6

Open Banking Data Services

Consent-based access to account data, without manual reconciliation.

Lot 7

Procurement Cards

Payment cards for employees to make approved business purchases.

Not sure which Lot fits?

Get in touch

Tell us what you need and our team will help you find the right option.

Talk to the team
Torbay Council

Case study

Torbay Council

Banking & Finance

Savings that beat the projection.

Following a complimentary savings analysis, Torbay Council contracted Merchant Services through our Banking & Finance Framework. While we regularly identify significant savings opportunities for our clients, this case study demonstrates how outcomes can often surpass expectations.

We were initially sceptical that the projected savings identified by CPRAS via the framework would be achieved. However, we have been delighted not only to achieve the savings, but actually exceed them substantially.

Lorraine Woolcock · Service Manager Finance, Systems & Information, Torbay Council

The headlines

Exceeded

Actual savings achieved exceeded all expectations

Free

For the Council to receive their in-depth savings report

Trusted by

Talk to us

Contract up for review or simply want to hear more?

Our experienced team are happy to answer any queries you may have and explore how this Framework could support your organisation.

✓

Explore a compliant route to market

✓

Request your no-cost, no-obligation comparison reports

✓

Benchmark your current rates against the market

✓

Identify potential savings for your organisation

Contact the team

Submit your details below and our team will be in touch with more information about this Framework, usually the same working day.

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OUR Banking and Finance partners

Lloyds BankNatWest GroupAdyenEquifaxAllpayAIB Merchant ServicesVisaGoCardlessLloyds BankNatWest GroupAdyenEquifaxAllpayAIB Merchant ServicesVisaGoCardless

Want to see our other Frameworks?

Our Banking & Finance Framework sits alongside 12 other CPRAS Frameworks, live or in development.

See all Frameworks