We support you in developing and implementing a comprehensive payment strategy. This includes selecting suitable IT systems and banks, defining a clear governance structure, and establishing roles and responsibilities within a Target Operating Model (TOM). In doing so, we lay the foundations for efficient and secure payment processes.

We can help you centralise and standardise your global payment processes – including bank details, bank account management (eBAM) and the consolidation of all processes within a shared service centre. We can also assist you in setting up a payment factory that processes transactions centrally and uniformly on behalf of or in the name of subsidiaries (POBO, COBO, PINO, CINO).

Working closely with our clients, we establish efficient processes and structures to ensure the optimal management and utilisation of liquidity – including through cash pools, in-house banking, and intercompany clearing and netting processes.

We can assist you with streamlining your bank accounts, issuing requests for quotations (RFQs) or tenders for banking services, and negotiating bank fees. By optimising operational and maintenance processes, we reduce internal administrative workload and sustainably lower the total cost of ownership.

Working with you, we implement processes for the automatic receipt of bank statements (CAMT), their automated posting, and the rule-based reconciliation of open items, to ensure end-to-end and transparent cash reporting.

We can help you select and set up the right banking connections – including EBICS, SWIFT, Host-to-Host (H2H) and API-based interfaces – to ensure secure and efficient communication with your banks.

We assist with the implementation of effective security and compliance processes in payment transactions. This includes robust master data management, appropriate fraud prevention measures, automated sanctions list checks, counterparty risk management, and the definition and implementation of appropriate authorisation frameworks and controls.

We advise you on compliance with regulatory requirements – including the ZAG, MaRisk, AML and sanctions regulations. We also support you in establishing an effective governance structure, including an internal control system and the implementation of a written policy, to ensure clear responsibilities, oversight and compliance.

We work with you to assess the targeted use of current and emerging technologies in payment services and banking products. This includes, for example, instant payments, real-time payments, APIs and open banking, virtual accounts (VIBAN), ‘Pay by Link’ solutions, and the use of automation technologies (e.g. RPA) to optimise your end-to-end payment processes.

We help treasury departments gain greater visibility as business partners within the organisation by enabling them to make a measurable contribution to the company’s success. We would be happy to show you how treasury teams can provide even more targeted support for processes in procurement, sales and the core business.