By
transferring funds electronically with
DbBACS-IP, routine business administration
tasks can be streamlined, and valuable
savings of time and money can now be made.
Secure electronic funds transfer is of
ultimate importance for any organisation
today, and peace of mind comes from having
secure, efficient systems, which ensure
that fraud is eliminated. Tightly integrated
into all the major Accounting and ERP
systems, DbBACS-IP is highly secure, proven
and very easy to use.
Automated electronic
payments and collections include:
- Supplier payments
- Salaries & wages
- Direct debits
Improved Business
Efficiency
DbBACS-IP users report greatly increased
efficiency throughout the organisation,
as traditional methods of funds transfer
are now streamlined by using e-commerce
solutions. A true multi-user system, DbBACS-IP
enables any number of authorised users
to process BACS transmissions directly
from their own desktop.
Time Savings
Substantial time savings are achieved,
with no more cheques to print, sign or
post. Just a few mouse-clicks and all
payments, etc. will be automatically sent
electronically - in seconds. For easier
reconciliation, only one entry per transmission
appears on the bank statement.
Cost Savings
Vastly reduce administrative and management
costs, as well as bank charges. Postage
and handling costs are eliminated, as
is expensive pre-printed cheque stationery.
As a result of implementing DbBACS-IP, users
find it much easier to negotiate increased
supplier discounts because of more efficient
funds transfer. For multi-site organisations,
authorised users can submit BACS transmissions
through one central BACS server engine
- dramatically reducing costs whilst providing
greater security and simplifying support.
Security
Eliminating cheques also eliminates the
possibility of internal and external cheque
fraud. Vastly improve security by restricting
access to confidential & sensitive
information. User-profiling offers the
facility to enable one user to prepare
a submission, one to queue it ready for
transmission and yet another to action
it with a BACS password. The system automatically
blocks transmissions where individual
record or transmission totals exceed pre-defined
values for the specified profile. Full
audit trails are provided for total peace
of mind.
Compliance
Automatic archiving of all transactions together with full audit trails helps ensure corporate compliance.
Fast Payback
The dramatic savings in transaction charges,
stationery and labour costs mean that
DbBACS-IP typically pays for itself in just
a few months.
Automatically sending out
the associated remittance advices with
other products from Version One's suite
of e-business software modules - DbFax and DbMail - will provide
even greater savings.
Find
out more about DbFax >>
Find
out more about DbMail >>
Tightly integrated
into all major Accounting and ERP systems,
DbBACS-IP offers the following features:
- Available on UNIX, Windows
NT and Windows 2000 platforms.
- A true enterprise-wide
solution that can be invoked from any
authorised workstation on the network.
- Automatic invoking from
within core business applications.
- Supports Euros.
- Highly configurable.
- Approved by BACS to the
highest level.
- Configurable profiles
enabling users to have different authorisation
levels and pre/post transmission procedures
and reports.
- Account & Sort Code
modulus validation.
- Optional Industry Sort
Code Directory validation.
- Automatic archiving of
all transactions.
- Audit log of all actions,
submissions & configuration changes.
- Bureau transmission facility.
- Comprehensive test facilities.
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