International corporates with working in various countries are confronted with a mixed payments landscape. Payment systems are still largely country-specific, each with its own clearing house and independent formats. Often this means that a number of different e-banking systems are needed to handle the payments, which is cumbersome and inefficient.
As a result, corporates are looking for solutions which will streamline the corporate’s e-banking business for these different markets, using a direct link to the accounting system. One objective in many cases : a single, standardized internal format should be used to generate the many international payment formats required by the banks in the various countries of activity.
With Omikron’s Payment Factory solutions based on MultiCash Transfer, corporates are provided with a capability for handling payments directly from their accounting systems, eliminating unnecessary manual steps, and saving time due to the automated processes. International bank connections can managed from one system.
Corporates no longer need to build the payments formats themselves or work with stand-alone payments products. For the generation of the required international formats, the relevant format subsystems are integrated into the automated workflow.
We support your way from classic E-Banking to the International Payment Factory. Take advantage of the new possibilities.