The Corporate across the globe need to maintain multiple bank approaches, globally, since they deal with one or more banks in each country. Corporate also need to tailor their business processes as per the countries laws and market demands. These corporate face a high risk of maintaining country specific application to support tailored business processes and to interface with bankers and need to maintain multiple applications to support multiple global & country specific payment network messages.
Base60 InstaRemit for Corporate centralizes and standardizes payment processing and enables Straight Through Processing (STP) through a comprehensive and configurable dynamic workflow between the participating Bank systems and Corporate internal systems. It helps the corporate to eliminate the use of banks specific payment software to integrate with bank systems.