SK Global Software’s Vendor Payment Automation is a feature-rich player in the Treasury Automation Suite. Some of the key features include:
- Support for any payment type and standard globally (Domestic, International, Reference Payments, CCD+, PPD, CTX, and many more)
- Execute fully unattended file transmissions to the bank, protecting your printed checks
- Automate electronic vendor payments around the world: US-ACH, SEPA, BACS, IAT, and more
- Fully automate payment processing with inbound/outbound files and journal updates
- Transmit files securely to the bank using integrated communications support
- Automated and configurable email remittance, with both standard and custom layouts
- Consolidate outbound files from multiple payment journals
- Delayed payment rejection reversal
- Bulk loading of banking vendor detail information
