Regardless of how many payments go through your systems every day, ensuring timely and accurate payments is critical for maintaining cost effectiveness and protecting your reputation with your suppliers. Accurate bank master data and standardised data governance processes are key to such success.
Bankers Almanac Global Payments File ERP provides accurate, reliable and up-to-date payments and routing information that integrates directly with all major enterprise resource planning vendor systems, including SAP and Oracle.
In order to realise the full value of your ERP system’s flexibility and scalability—and increase efficiency for your corporate treasury team—you need the same payments tools and visibility on which banks rely.
Integrate accurate and reliable data into your payments processes with Global Payments File ERP.
Accurate and reliable data is essential for managing complex payments to vendors, partners and employees in multiple countries and currencies around the world. Without it, payment processing inefficiencies can lead to higher processing costs potentially damaging reputations and client relationships as well as hurting the overall business.
Recent product enhancements
May 19 – We have commenced the roll-out of an exciting new enhancement to our Global Payments solution suite – the inclusion of sanction flags that when integrated into your processes will alert you to the presence of a financial institution on any of the four key global sanction issuers watch lists (EU, HMT, OFAC and UN).
This development will ensure corporates avoid the regulatory risks of non-compliance of data by enabling them to;
- Avoid inclusion of any bank on the global sanction issuers watch lists in their record of existing vendors payment details held in bank master data files
- Avoid onboarding new vendors who have accounts with, or who are paid through banks included on the global sanction issuers watch lists