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We are happy to chat with you, learn your business, your challenges and talk about how we can help streamline your Treasury & Finance using our LeanCash™ solutions.
How we can help?
Most organizations have some level of automation of payment and cash management processes – but these automation processes are often disparate and are designed and managed in ways that are not optimal, causing inefficiencies and non-value added processes. Our LeanCash™ Payment Solutions offer full service plug and play virtual payment hub development and setup to ensure maximum optimization of your enterprise wide payment and cash management processes.
With multiple internal systems/platforms associated with payment and cash management processes and with external providers such as banks, credit card processing vendors and other payment solutions providers – all major connection types and protocols such as FTP, AS1, AS2, AS3, AS4, HTTPS, EBICS (Euro) supported.
File Mapping & Exchange
Coordination with banks to develop and test file formats and connections as well as working with internal IT teams to ensure compliance with policies and guidelines.
Through our “drag-n-drop” interface – supported formats include standards like EDI, XML and SWIFTNet formats including ISO XML 20022 – custom bank proprietary formats also supported. Efficient file mapping structures allow companies to combine and normalize financial messaging from across disparate systems.
Alerts and Notifications
To control and monitor processes – rejection notifications, payment processed notification, missing bank statements, etc.
Inbuilt Controls and Intelligence
To detect and flag evident anomalies like duplicate payments or payment files, suspicious payments, etc.
Reporting Module and Data Archives
To keep track of historic activity and run metrics to measure performance indicators – to evaluate internal payment processes as well as benchmark performance of banks related to payment processes.
LeanCash™ Payment Hub Command Center
User friendly and streamlined central front end to monitor and control all enterprise wide payment processes in one place – enables efficient management of all the connections and allows organizations to build centralized expertise to manage these processes.
Common interface through our LeanCash™ Payment Hub to monitor and track transmission activities across business units, banks, platforms and systems with alerts, notifications and logs, including Just-in-time payments, A/P automation & Invoice to pay.
Our integration tools bring ERP data in our Payments Hub Command Center and this is done with little to no disruption to your operations. Minimizing waste, maximizing value streams is what we are looking for in our all components and we have seen that providing a common Payments Hub interface brings big value to treasury and finance functions.
Inbuilt scheduler allows you to set a schedule for transmission of files where needed – ex. Warehousing payment messages that are for value date of more than 5 days out and releasing them 2 business days before desired value date.