The MultiCash® module "Bank Service Billing" (BSB) allows you to automatically check the charges made by your banks. To enable this, the underlying price agreements with the banks are stored in a central database. If required, the original documents can also be stored in a central file directory. If you have stored the price agreements electronically, the compliance is automatically checked during processing and the results are visualized by a traffic light system.
BSB also supports the import of data in common formats such as camt.086 and TWIST-XML, when these are received via secure channels such as EBICS, MCFT, SWIFT or Host-to-Host. This guarantees the authenticity of the files as well as the sender, fulfilling audit requirements for bank charges reports to be acknowledged as electronic receipts.
The BSB module provides a consistent and fully digital solution for processing and checking fee settlements over the entire billing process. This eliminates the manual effort involved in creating different file formats, maintaining different system interfaces or creating and sending costly paper documents. In addition, you can display the statements of all your banks for freely definable periods in meaningful lists and diagrams. Flexible interfaces are available for further processing of the data in third-party systems.
For information on our overall solution for managing banking relationships efficiently (accounts, powers of attorney, fees and compliance checks), please visit our Bank Relationship Management page.