To stay competitive in today's business environment, financial instituions must offer corporate clients a wide range of cash management and reporting capabilities. Customers now routinely expect services once considered to be exclusive, such as multi-party wires and foreign-currency payments with live exchange rates.
The WebSeries® Global Cash Management solution supports the creation of international payments with full straight through processing capability. Rather than rely on proprietary software and disparate point systems to support various international payment formats and requirements, banks and financial institutions leveraging Bottomline’s platform enjoy the benefits of a consolidated platform for all payment types. With multi-bank, multi-currency data integration, a global payment validation rules engine and support for multi-lingual and double-byte characters, banks and financial institutions can use a single interface to originate and process payments efficiently without the need to maintain multiple, geographically-dispersed systems.
This streamlined approach to managing payments provides financial institutions with unparalleled ease of use and administration. Unlike proprietary solutions that require high levels of customization, the platform's Web-based architecture provides an extensible platform that enables institutions to add capabilities to their product suite faster. These compatible applications can be deployed quickly and add on functionality to the single, integrated look and feel across multiple back-office environments. The WebSeries Global Cash Management solution supports functionality for :
- Domestic and International ACH
- Real-Time Gross Settlement (Domestic & International Wires)
- Global Information Reporting
- Check Management
- Client Access Gateway