By leveraging SWIFT service bureau or payment factory for multi-bank connectivity, your factory can benefit from:
• Improved visibility of bank accounts, leading to better liquidity management
• A secure and resilient interface to multiple bank relationships
• A bank agnostic form of connectivity, delivering greater bank independence and access to multiple payments types
• Reduced costs, operational risk, and improved compliance
About Bottomline
Businesses and banks rely on Bottomline for domestic and international payments, effective cash management tools, automated workflows for payment processing and bill review and state of the art fraud detection, behavioral analytics and regulatory compliance.
While consumer payments are ubiquitous and frictionless, business payments can still be obscure and counter-intuitive. The inherent complexities of larger transaction volumes, proliferated ledgers and regulatory oversight have held back B2B payments. But it doesn’t have to be that way. Bottomline exists to delight our customers, by overcoming friction and making the complex, simple.