AvantGard Payments

Many corporations are challenged by lack of infrastructure to support routing and approval of payments. As a result, many corporations still operate off of spreadsheets in a highly manual environment.  This causes poor visibility to cash out-flows, high operational costs and risk of fraud.  Compounding these challenges, many companies also rely on a fragmented array of systems for connectivity to SWIFT, Banks, ACH and check printing systems.

The AvantGard Payments solution offers a unique payments suite for streamlining the processing of payments helping to improve routing, connectivity and integration; reduce transactional and operational costs; increase security; and improve the management of payment information, exceptions, and statement flows.

Features

  • Routing, Workflow and Approval of Payment Flows
  • Transformation & Conversion of Formats / Protocols (SEPA, ACH...)
  • SWIFT, ACH, Wire Execution
  • PayNetExchange Portal for Payments Execution
  • Check Printing
  • SEPA Direct Debit Mandates

Benefits

  • Reduce Operational Costs
  • Improve Visibility to Cash Outflows
  • Consolidate Data Across Multiple Systems
  • Reduce Redundancy & Manual Processing
  • Mitigate Fraud