AvantGard Payment Factory
Many companies today are managing their payments processing and bank accounts either regionally, at the business unit or at the subsidiary level. While this offers flexibility, it often results in poor visibility and high ownership costs. AvantGard Payment Factory helps multinationals realize company-wide centralization of payment processing connectivity with local subsidiaries; allowing payment capture and processing, account statement retrieval and reconciliation within a single centralized solution.
Features
- Integrates with cash management and ERP infrastructures
- Provides out-of-the box availability and customizable workflows
- Handles payment data from various sources
- Handles payments processing for multiple domestic and international formats
- Allows for flexible set-up of roles and responsibilities between local affiliates and central treasury
- Includes built in account statement data and processing of deal confirmations
Benefits
- Streamlines banking relationships
- Minimizes manual processing
- Harmonizes and optimizes payment flows
- Increases efficiencies / facilitates growth
- Minimizes fraud
- Provides Sarbanes-Oxley compliance
- Includes SEPA readiness
Brochures & Datasheets