With these solutions IDBI’s corporate clients, can have access to advanced cash flow planning and working capital optimization applications.
Global CASHplus solutions will help IDBI Bank centralize its payments and collections processing for its corporate customers, including salary payments and invoice payments.
The new system will enhances the bank’s collections services, including guaranteed arrangements, check collections, post-dated check collections, correspondent bank management, among others. Corporate clients will use a web-enabled interface that integrates all services into a single window.
Fundtech has been providing solutions to IDBI Bank for over nine years.
Fundtech India managing director Sanjay Dalmia said that the Global CASHplus offers an easy-to-use, yet sophisticated suite of financial tools to manage all aspects of corporate electronic banking and financial supply chain transactions.
