Base60 InstaRemit for Corporate

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.

Base60 InstaRemit enables corporate to

  • Optimizes the payment process
  • Enables Straight Through Processing (STP)
  • Provide greater flexibility by standardizing interfaces with banks eliminating the need of adopting bank-specific software
  • Provide a consolidate view on the status of the fund at any point of time
  • Automate their payment requests with banks
  • Monitor the inflow and outflow of the funds
  • Plan and reserve/allocate the fund for different projects
  • Predict the future fund status and requirement for any specific period of time
  • Schedule payments based on dynamically definable priority rules
  • Charge calculations
  • Convert any type of message from any application into the format desired
  • Multi-Currency
  • Liquidity management for fund managers