PelicanPay for Banks: Corporate Challenges

 

  • High IT costs associated with multiple   bank relationships
  • Conversion of payment messages to SEPA and IBAN/BIC formats
  • Inefficient support for new compliance and   risk regulations
  • Handling high volumes of cheques
  •  High costs associated with inefficient legacy ERP systems & processes
  • Inconsistent and unpredictable bank charges
  • Reconciliation problems leading to inadequate cash ‘visibility’
  • Lack of centralised operational control