Centralised Payment Hub
Single portal to approve, initiate & track payments
Take control over payments in one single portal. Automate payment flows, configure approval workflows and process payment refunds efficiently.
Features
Payment Hub
- Manage payment execution flexibly, create approval workflows & and limit fraud risk
- Support for vendor, payroll & ad hoc payments (e.g. M&A, customs, dividend and tax payments)
- Execute manual payments in a single source with clear approval flows and multi-factor authentication in use
- Take advantage of refund APIs to automate manual, paper-based & repetitive refund processes
- Gain visibility on payment outflows: per entity, currency & execution timing for accurate forecasting
- Set up flexibly required verification and approval flows with Multi-factor authentication (MFA)
- Analyse your payments based on categories (supplier payments, Ad-hoc, Intercompany)
Payment process
- Import Payment files directly from ERP, upload a file or by manual single entry
- Choose the account you wish to execute payments with payment routing rules
- Set up Payment Cycles and specify when you want to pay (Daily, Weekly, Monthly) to manage liquidity dynamically
- Run pre-checks for payment instructions and beneficiary account validation to check the account holder name details
- Approve Payments with MFA approval workflows & user-defined verification process
- Achieve accurate short-term liquidity forecast based on automatic reconciliation & full visibility to payment outflows
Benefits
For C-level
Be in the control of payment operations minimising internal & external fraud
For Treasury
Control, initiate & reconcile payments in a single source
For IT
Take control of security measures and meet compliance requirements effectively
Experience it first hand
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