Even though banks provide corporate banking services for banks the needs of the corporate have metamorphosed over time. The challenges of corporates are different from consumer banking in the need to have authorization matrices and servicing bulk payments. With the advent of accounting and ERP systems the need for corporates to have STP from these systems has also made this a must have feature for banks.
The H2H platform for corporates is a perfect offering that helps banks bridge the gap, by providing the ability for corporates the seamless ability to integrate financial and ERP's for payments and collections.
Our platform is built on open source technology framework and is optimized for high scale and volume. The platform enables to pen up their service offerings for all participants across channels with a quick turnaround time and with reduced TCO.
- Payment Instructions from Corporate ERP, Financial Systems.
- Authorization from Corporate Systems
- End to End Asymmetric encryption of data
- Digital signature based payment instructions
- Manage ACK/NACK responses from Bank systems
- Transaction Status of instructions submitted
- Reconciliation of transactions with banking channels
- Dashboard for Payment status
- Configuration for receiving different instructions on receivables
- Supports Cheque/DD, NEFT, RTGS, NACH and Bank Transfer
- Dashboard for Receivables Status