PTX Cash Management and Payments
Offer a simple way for your organisation to replace spreadsheets with automation, develop more timely cash visibility and secure greater payments control without the complexity of a TMS implementation.
Securely encrypt payment data; combating fraud and errors
Payment files contain vital customer information that can be used for fraudulent purposes. A large number of payment frauds are committed by employees who have often been with the company a long time, therefore, uncontrolled user access to payment data represents a failure in financial management that can be exploited.
C-Series Encryption is a security module available to C-series and Webseries customers which securely encrypts payment files for Bacs and Faster Payments to ensure effective monitoring, safeguarding and protecting vulnerable data. This limits data exposure. The product capabilities include:
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