Are you in the processing of upgrading your treasury workstation?
Have you considered switching to SWIFT for bank connectivity or implementing the ISO 20022 XML standards?
Do your cash managers have intra-day and end-of-day visibility to the balances in your various bank accounts worldwide?
If you answered “yes” to any of the questions above, then it may be time to consider changing your approach to bank connectivity. GXS has worked with many large- and medium-sized companies to enable the exchange of payment instructions, account statements, payroll files and lockbox reports with their banking partners. And we can assist you to consolidate and optimize your bank connections as you undertake major treasury and cash management initiatives this year.
Connect via SWIFT—GXS operates a certified OpenText SWIFT Service Bureau. We can enable you to send FIN messages, ISO 20022 XML or other transactions via FileAct to any of the over 9,000 financial institutions on the SWIFT network. Learn more about SWIFT Service Bureau.
Host-to-Host Connectivity—If you prefer to exchange some—or all—of your transactions directly with banks, consider OpenText Managed Services. We can extract (and upload) files directly from your ERP or treasury workstation, then route them to the banks using MQ or secure FTP. We will handle all the connectivity, mapping, testing and technical support issues with the banks on your behalf. Learn more about Financial Services.