Pricing & Billing Software for Banks

itea P2B helps banks maximise transactional banking revenue through a purpose-built pricing and billing platform. Replace fragmented legacy systems with one platform — and start exactly where it makes most sense for you.

Why Banks Still Struggle with Pricing and Billing

Most banks manage fees and invoices through a mix of legacy systems, manual spreadsheets, and custom-built workarounds. The result: pricing changes take months, invoices contain errors, and revenue leaks silently from the business.

Common problems itea P2B solves:

  • Manual fee calculations that rely on spreadsheets
  • Pricing rule changes that require IT involvement every time
  • Invoice generation that is slow, error-prone, and hard to audit
  • Revenue leakage from missed or incorrectly charged billable events
  • Inconsistent pricing across countries, entities, or business lines
  • Poor transparency for relationship managers and their clients
  • Difficulty onboarding new products or pricing models quickly

Core Platform Capabilities

Pricing Engine

Configure and manage sophisticated bank pricing models without rebuilding systems every time.

  • Fixed, tiered, and volume-based pricing
  • Customer-specific pricing agreements
  • Bundled and relationship pricing across products
  • Country, entity, or segment-level pricing variations
  • Promotional and time-limited pricing rules

Automated Billing & Invoicing

Generate accurate invoices and billing statements at scale, without manual effort.

  • Scheduled billing cycles
  • Multi-entity invoicing
  • Multi-currency billing
  • Consolidated client statements
  • Usage-based and event-driven fee charging
  • Digital invoice delivery

Revenue Assurance & Controls

Protect revenue and strengthen governance across every billing cycle.

  • Detect missed billable events before they become lost revenue
  • Full audit trail of pricing decisions and changes
  • Approval workflows and exception reporting
  • Reconciliation controls and historical pricing versioning

Commercial Agility

Respond to market changes and new product launches without waiting for IT.

  • Launch new fee models in days, not months
  • Empower business teams to manage pricing directly
  • Test pricing strategies safely before going live

Banking Segments We Serve

  • Transaction Banking — payments, collections, liquidity, account services
  • Corporate Banking — complex client agreements and relationship billing
  • Cash Management — event-based charging, account packages, usage fees
  • Custody & Securities Services — multi-line pricing and recurring billing
  • Trade Finance — documentary credits, guarantees, service charges
  • Treasury Services — specialised pricing with flexible commercial models

Why Banks Choose itea P2B

Purpose-built for banking complexity. itea P2B is not a generic billing tool adapted for banks — it is built from the ground up for the pricing and billing models that transaction banking demands.

Start where it makes sense. Our modular design means banks can begin with one area and expand without disruption.

Faster change management. Business teams can update pricing rules without long development cycles or expensive IT projects.

Better client transparency. Deliver clearer invoices, accurate pricing, and fewer disputes.

Integration & Architecture

itea P2B integrates with existing banking infrastructure — no need to replace your core systems.

  • Core banking platforms
  • ERP and finance systems (including SAP)
  • CRM platforms
  • Payment engines
  • Data warehouses and BI tools
  • Document delivery and workflow systems

Frequently Asked Questions

What is pricing and billing software for banks?

A dedicated platform that manages fee logic, charging rules, invoicing, billing statements, and revenue controls for banking products and services.

Why do banks replace legacy pricing systems?

To reduce manual effort, accelerate pricing changes, improve billing accuracy, and prevent revenue leakage from missed or incorrect charges.

Can itea P2B support customer-specific pricing?

Yes. itea P2B is designed for environments with individual relationship terms, product bundles, volume tiers, and negotiated contracts.

Does itea P2B support multiple countries and currencies?

Yes. The platform is built for banks operating across geographies, legal entities, and business lines.

How long does implementation take?

Implementation timelines depend on scope, integrations, and data complexity. itea P2B is designed to be implemented modularly — banks can start in one area and expand at their own pace.