Consolidating is not a word many business owners use, but do on a daily basis, running between their creditor list and bank portal. You can save them time by offering this service and alerting them that things are ok, or require their attention, linking them straight to the transaction concerned.
Integrate with any Bank via Open Banking, PSD2 or specific API
The customers of your business clients can also become the bank’s new clients
Match and Reconcile invoice with payments
Micro level relevant portfolio cash management
Visibility on single client level
End to end integration with any accounting package
Saving even more time for your busy SMEs
Update invoice payment status
Only focus on what needs attention is a key priority for business
BENEFITS FOR ALL:
Payee: Communication is key
Working capital optimisation
More control over collection
Automated and STP non-core business processes like invoice making, chasing, reconciliation
Additional sales and service channel
Payer: Choice is key
Choice of payment type that suits them
Ease of use
Plan invoice payments on time
Reduced invoice fraud
Instant refunds
You: Insights are key
See payment flow buyer and seller
Value Added Services to buyer and seller
Spot relevant lending, other business opportunities
Customer acquisition channel through payee and payer superior experience (new Open Banking client)
Experience RTP4 in action
Whether you are a bank, a PSP or a fintech, contact us for a deep-dive and quick demo so we can build a use case that works for you and your customers.
