Automated Data Exchange in Corporate Electronic Banking
The regular collection of account information can also be fully automated and account information can be delivered to the ERP system exactly as expected by that application.
The MultiCash Transfer AutoClient, which was designed as a central hub for e-banking and can be used both as a cloud solution and in a customer's on-premise environment, is tailored to these tasks. All ERP systems and banks can be connected to the solution via integration interfaces and APIs.
MultiCash Transfer AutoClient – the Solution
The MultiCash Transfer AutoClient can be used to set up communication orders to banks and service providers that are executed in real time or at defined intervals (hourly, daily, weekly, etc.). The MultiCash Transfer AutoClient recognises routing rules and automatically triggers communication with the bank. By default, the transfer of payment files to the bank is secured by an automated digital signature (‘transport signature’ or ‘corporate seal’). If corporate guidelines require manual approval and/or a personal signature by authorised persons, these can be carried out via the integrated interfaces from any end device, including mobiles.
Your benefits from the MultiCash Transfer AutoClient at a glance
CENTRALIZATION
Benefit from automating and centralising your payments in a single solution in a fast and easy implementation. Save time and costs for manually uploading and downloading files via a range of e-banking solutions and bank portals as well as the hassle of dealing with different bank tokens.
HIGHEST SECURITY STANDARDS / FRAUD-PROTECTION
A coordinated security concept, encompassing technical, functional and organisational levels, protects all processes against internal and external attacks. The encrypted interfaces secure communication with the ERP systems, banks or service providers as well as user access to the application.
INTERNATIONAL BANK CONNECTION
The global connection of all banks is achieved by using standards such as EBICS, MCFT and SWIFT as well as bank-specific host-to-host procedures. Personal authorisations, corporate seals and two-factor authentication by authorised employees round off the standardised concept for all banks.
DEEP ERP-INTEGRATION
Secure and automated integration interfaces to fulfil the need for a simple, secure and smooth connection to the ERP systems. If required, format converters can be integrated to convert the payment runs from the various ERP systems into the correct target format.
STP/AUTOMATION
All processes can be automated and configured in real time. This allows 24/7 operation to be established without having to resort to costly employee resources. This high degree of automation allows specialist staff to make better use of their capacity and protects against resourcing bottlenecks.
INNOVATIVE BANK SERVICES
In addition to operational payments, other banking services can also be automated. Checking bank fee statements, reconciling and managing bank authorisations, checking sanction lists for outgoing and incoming payments, checking the processing status of payments, cash pooling, Instant Payments or Request to Pay - the MultiCash Transfer AutoClient can easily be extended to include new, innovative banking services.
SOFTWARE AS A SERVICE / CLOUD
In addition to the business design, the IT concept is also directly part of the solution approach: We operate the solution for your corporate in a certified data centre in Germany and relieve your treasury and IT department by outsourcing standard tasks which don’t add value.
PAYMENT FACTORY
The ability for staff from the Head Office and national/international subsidiaries to access selected functions and data makes its use in shared service centres very popular. Dashboards make it possible to control and monitor the payment factory, analyse data and carry out management reporting. And all this with an optimised cost structure.