Collections Management

This solution allows you to effectively manage the domestic and overseas collection process for paper-based and electronic collections of your customers, besides significantly improving inflow predictability. An easy-to-use customer interface provides seamless transaction and workflow management capabilities. Tasks like tracking collections through their life cycle (from pick up to clearing), improving liquidity, providing enriched information for enhanced MIS functioning and ensuring faster availability of credit become effortless activities with this Collections Management solution.

Payments Management

This solution centralizes the entire Payment processing; taking care of salary payments, dividend warrant payments, vendor payments, tax payments, invoice payments etc., thus drastically reducing your customer's operational and administrative overheads. It offers your customers a single window facility that accepts a variety of payment modes across countries. It increases predictability of outflows, meets your customer's payment dates on time and reduces risks of internal fraud.

Receivables Management

This module handles your check and receipt reconciliation. You can offer your customers a wide range of services like receipt processing, immediate reconciliation of receipts with invoices, receivables tracking, generating up-to-date information on status of payments received, following up on delayed payments, etc. This means your customer enjoys a shortened mail float, reduced processing time and costs, fast funds availability, an automated accounts receivable update and complete drawer analysis; while you enjoy enhanced income through reconciliation service charges, float on collections, collection charges and charges for information services.

Liquidity Management

This solution, through its advanced features like notional pooling, priority transfers and interest reallocation ensures you help your customers meet their liquidity objectives effectively. Its portfolio covers services like calibrating inflow and outflows across all accounts, optimizing account balances, exercising greater operational control by cash concentration at a country or regional level, ensuring smooth working capital management, interest/Forex arbitrage and reconciliation and cost/profit sharing between accounts. Through this solution, you can increase the demand for your investment products and cash-in on added fee possibilities through sophisticated charging and revenue sharing arrangements, while attaining the unique position of a reliable cash management partner for your customer.

Account Reconciliation

The Account Reconciliation solution is built to optimize this function through ease of use, speedy delivery and accurate results. Its user-friendly configuration allows you to accomplish a range of tasks like matching of Credits with Debits in the Pool account or any other account, matching Credit/Debit entries in the Mirror/Nostro-Vostro accounts, reconciling accounts between banks or between Head-office and branches and categorizing the unmatched Outstanding/Un-reconciled entries into user defined categories like cheque purchase, floats and un-reconciled etc. In addition, with its proven capabilities in auditing and monitoring functions, this module helps you maintain a log of all system level and user level activities.

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