To optimise cash flows internally and externally the payment factory and the in-house bank functions need to be integrated as much as possible, as in Wall Street Suite, see Figure.
Wallstreet Suite Integrated Payment Factory and In-house Bank
Source: Wall Street Systems
It is also important for the solution to be web-based to provide the maximum flexibility, efficiency and control of the payment and receipt process between your local entities and your banks. Incorporating the in-house bank functionality lets you offer internal banking services to your local entities and reduce your banking cost.
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