Do you want to reduce the number of paper invoices you are sending or receiving? Do you want to reduce the number of paper checks you are cutting and move to electronic payments? At OpenText, we enable the exchange of billions of financial transactions electronically every year. From invoices and remittance advices to ACH payments and end-of-day statements, we offer a portfolio of solutions to enable the electronic exchange of transactions:
- Electronic Invoicing – Are you tired of exchanging paper and email invoices with your customers and suppliers? We enable your business partners to send invoices electronically directly into your accounting systems. Our Active Invoices service supports invoices sent via EDI/XML or a web portal. And it supports the local tax-compliance policies in Europe and Latin America. Learn more about our e-invoicing solutions.
- SWIFT Service Bureau –Would you like to standardize the way you connect to your banks around the world? Many treasury organizations are routing payment transactions and account statements to their banks via the SWIFT network. Using our established Service Bureau, we get you connected to SWIFT quickly and cost-effectively. More than just a pipe, we can perform translation, validation and enrichment of messages before or after they reach SWIFT’s network. Learn more about our SWIFT Service Bureau.
- Payments and Bank Connectivity – Looking for an easier, more cost-effective way to exchange payment instructions, account statements and foreign exchange transactions with your banks? Consider our Managed Services approach. We collect information directly from your treasury and accounting systems and then route it directly to your banks in their preferred format. Our experts work directly with the banks to implement and test new connections and then maintain them from that point forward. Learn more about OpenText™ Managed Services.