Collections
Smarter Money Management With Automated Collections
Overview
The Gateway To Efficient & Error Free Processes
A one stop solution for switching from expensive, time-consuming, and complicated paper trails to electronic transactions. It’s a gateway to reducing delays, frauds, manual errors and improving efficiency with top notch technology.
- With automated collection, procedure is automated, there is a lesser risk of fraud and human mistake.
- The practice of deliberately delaying payment processing and a strong reliance on corresponding banking models is severely decreased.
- Automated electronic collection systems help banks & their corporate clients less cost and fees.
- Digital solutions help cater seamless change in regulations, currency fluctuations, and market dynamics.
What it Provides
Explore how industry leaders leverage Aurionpro’s AI platforms to solve high-stakes challenges, optimize operations, and drive scalable transformation.
Paper Based Collections
- Integration with cheque truncation system
- Assured credit on arrangement basis
- Handling correspondent bank requirements
- 360 Degree Tracking of PDC’s
- Manual and automatic lodging and withdrawal
Electronic Collections
- Debit auto-triggered online to upload debit instruction
- Reports including mandate registration and debit instruction
- Customized MI as per requirements
Cash Collections
- Capture denominations for cash collection
- Direct credit to corporate
- Pick up point and pick up date maintenance
Reconciliation
- Auto/Manual Reconciliation
- Matching rules like FIFO, LIFO, Higher outstanding
- Integration of Multiple payment sources
- Force Match/Un-reconcile option
- Virtual Account mapping capabilities
How it Helps
iCashpro+ Delivering Experiences wIth Smarter Collections For Improved Cash Flow
iCashpro’s glocal collections module is faster, offers complete visibility across collection methods, and easily integrates with existing core banking systems to meet customer needs.
1
Enable a 360 degree view of your corporate customers and their transactions
2
Provide management with up-to-date information on currency rates, area legislation, and local market trends.
3
Use the corresponding banking model for SMEs that haven’t yet made the switch to electronic transactions.
4
Remove the need for time-consuming and complicated manual reconciliations.
5
Customize the collections module to meet the specific requirements of your corporate or small business clientele.
6
Ensure seamless interoperability with existing core system
Explore Other Services
Payments
Simplify global and domestic payments with speed and precision. From real-time transfers to cross-border transactions, empower businesses with an agile, compliant payment infrastructure.
Corporate Internet Banking
A unified platform for seamless, device-agnostic digital banking. Enable enterprise clients with a future-ready transaction banking experience scalable, secure, and tailored to global needs.
Receivables Management
Optimise fund flow and visibility across every receivable. Automate reconciliation, consolidate payments, and customise matching rules for corporates and SMEs alike.