AvantGard Trax Payment Factory is a highly adaptive solution able to integrate seamlessly with existing cash management and back-office infrastructures.
AvantGard Trax Payment Factory is designed to address all of these critical areas of concern pertaining to cash management. This single solution allows corporations to automate and centralize their payments processing across all regions, affording them increased control. Utilizing a single solution improves visibility of cash flows for better liquidity management and ignificantly reduces operational and transaction costs. Automating the payments process enables an organization to improve the effectiveness of their internal controls and streamline compliance efforts by eliminating manual processes. The introduction of automated technology also improves transaction accuracy rates and virtually eliminates the possibility for fraudulent activities.
Benefits:
- Improved Visibility
- Increased Straight-through Processing (STP)
- Reduced Costs
- Improved Controls & Compliance
- SEPA Readiness
- Single Solution for Payments, Account Statements & Deal Confirmations
- Mitigates Risk through Improved Security
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