Make online banking an experience for your corporate clients. Quick and easy to set-up, the MultiCash On product suite offers a full range of flexible Transaction Banking services, designed to ensure a smooth customer journey. Users can, for instance tailor their own Balance and Transaction reports as needed, move easily between current and historical data, or quickly locate information via powerful filtering and search functions. Financial managers particularly appreciate the Cash Manager, with a customizable forecasting option and a liquidity planning tool to ensure cash shortfalls are avoided.
Payments business has also never been easier - even when users are working with accounts in multiple countries (requiring multiple local formats). Following our unique “Smart Payment Window” approach, all country-specific functions, features and validations run in the background. This ensures that clean payment files are generated which banks can directly process. Intuitive navigation guarantees that users are guided intelligently to complete the relevant fields.
Be ready to move directly to meet clients’ expectations as these emerge. One capability increasingly expected by today’s corporates is to work in real time, for instance to check balances, set up standing orders or make Instant Payments. At the same time, new functionality is demanded, e.g. for Trade, Foreign Exchange or Bank Account Management. Omikron’s portfolio is designed to cater for all these needs and be easy to scale up whenever necessary.
Welcome users to the application with their own personal dashboard, comprising a summary view of the main interests and activities, chosen individually from a pool of widgets with different visualization options. The option to work with one or more personal dashboards is just one of the user experience features built by us following the “UI first” approach, based on invaluable input from end users at corporates and banks. This has resulted in an intuitive and easily navigable user interface with a strong focus on personalization. At all points, users are able to use filters and sorting option to configure and store personalized views and reports, or set up “Favourites” for quick access. Options for transactions include interactive forms, with active helps and tooltips for guidance, and transparent warnings / messages in case of incorrect entries. In addition, alerts and notifications are directly visible and interactive features allow the user to contact the bank helpdesk or enter into a chat with specialist consultants. The tab-based design of the interface allows the user to work in parallel with several functions, while time-consuming tasks such as uploading a large payment file run in the background.
The solution is much more than just another e-banking application. The platform is prepared for integration into a dynamic ecosystem, using a range of interfaces (APIs), each one supporting certain business functions. These can be accessed from any location with one or more applications, e.g. a comprehensive portal solution or an app.
The open architecture allows third-party APIs to be easily integrated. Popular examples include options for chatting with customers or video identification. Likewise, as a bank, you can provide APIs to third parties.
In this way, the solution ensures maximum flexibility and versatility in the customer front-end, so that each bank can use the system optimally based on its individual strategy:
Driven in part by services offered by new market players, corporates are increasingly looking for banks who can provide a central entry point for digital banking, providing account information and transaction initiation from all the corporate’s banks. MultiCash On includes a Multibank Connector designed to meet this requirement.
At the heart of the solution is a communication engine, supporting automated, parallel connections to different banks. To ensure that all banks can be accessed, market standards are used: EBICS, MCFT and XS2A.
The resulting solution provides all parties with significant benefits:
For operational business, the entire suite of online banking services can be used for all banks, providing the bank in question supports the particular service required. Your customers can, for instance check account information and initiate payments for third-party accounts within the banking portal. Omikron’s product suite includes functions for forecasting and liquidity management, which are particularly valuable when used across multiple banks and accounts. Cross-border transactions or local payments in one or many of the national variants supported also add value in this context.