Three Valleys Water benefit from e-payments automation

If you want to introduce cost savings in your finance department you could start by reviewing your Bacstel-IP payment process. It may be that you are using multiple finance systems and are wasting valuable time manually collecting data from disparate sources. This is a process that can be fully automated using flexible web-based software.

Four years ago Three Valleys Water, part of Veolia Water UK and the largest water-only supplier in the UK, replaced its legacy Bacs payments software with BACSactive-IP Enterprise HSM from Accountis to automate their direct debit transfers, credit card transactions and supplier payments. The Workflow module was mapped to match their business processes, so manual tasks could be eliminated wherever possible. Following implementation of the web-based software, Three Valleys has enjoyed improved administration, greater automation and increased transparency.

Three Valleys Water have kindly agreed for us to write a case study about their project, which highlights just some of the benefits a web-based payments system offers, including:

• Unlimited number of authorised users in multiple locations
• Users login / access via any browser
• One view of all transactions from multiple back-end systems including Oracle
• Instant access to activity logs making problem diagnoses far more effective
• Automated email notifications, as part of the approval process, helping reduce cycle times and improve productivity

Click here to read the case study