E-payments
Integrated Payments
The full value of online invoicing lies in completing the transaction end-to-end which includes payment and reconciliation.
Integrated Payments
The full value of online invoicing lies in completing the transaction end-to-end which includes payment and reconciliation.
Within Accounts Receivables, enabling your customers to make an invoice payment in real-time online drastically speeds up the settlement process, reduces Days Sales Outstanding (DSO) and improves cash flow.
Within Accounts Payables, having the ability to make payments online, enables you to take advantage of incentives such as early payment terms. For larger organisations with slow manual invoicing processes, the value of missed discounts often compensate the cost of any e-invoicing project therefore ensuring a quick ROI.
Request a call back to discuss e-payments
In summary there are many benefits having an online e-invoicing solution with integrated payment service, which include:
- Error reduction
- Reduced payment queries
- No more late payment fines
- Reduction in debtor calls and management
- Elimination of paper statements/credit notes/remittances
- Timely payments are healthy for cash-flow and reduce risk
At Fundtech we operate our own payment platform which currently handles around 30-50 million transactions per month. We are therefore well equipped to offer the following payment options;
- Direct Debits & Direct Credits (UK Bacs)
- European Direct Debits (SEPA)
- Credit & Debit Cards
- SWIFT for Corporates
- CHAPS
- Online payment gateways such as PayPal
- Regional specific payment mechanisms
Payment Workflow Module
Large organisations who are hampered by complex and slow payment processes should use our Payment Workflow service to manage high-volume transactions, eliminate repetitive tasks and improve efficiency. This sophisticated Workflow module offers unrivalled functionality. It is tailor-made to streamline and optimise your existing payment process. Whether it’s automated reports delivery, hierarchical approval notification, or multiple file processing every business needs something different from our Workflow service. So we listen carefully to your requirements and work closely with you to deliver the best solution for your organisation.
For more information on our payment platform please Request a Call Me or call us on +44 (0) 845 120 8050 to arrange a full demo.
Fundtech
Fundtech is a leading provider of financial technology to banks and corporations of all sizes in the Americas, EMEA, and Asia-Pacific. It was founded in 1993 and was publicly traded on NASDAQ until November 2011, when GTCR, a leading private equity firm, acquired the company.
The company develops transaction banking systems that it offers as either a software license or Software as a Service (SaaS). Major product lines are: payments and liquidity management; cash management, financial messaging through the world’s largest SWIFT service bureau, financial supply chain including: electronic invoice presentment and trade services; remote deposit capture; merchant services such as credit card gateways; and mobile banking.
Thousands of financial institutions and companies around the world rely on Fundtech innovation to improve operational efficiency, increase revenues, and to provide greater competitiveness through business-to-business services.
