Datalog's Payment Factory provides a comprehensive, centralized system designed to automate, track, and control all payment operations across global offices and subsidiaries. This includes managing batches, workflows, and intra-group transfers from a single platform. The solution is highly scalable, capable of absorbing any transaction volume, with several billion dollars exchanged daily among over 5,000 entities and used by approximately 20,000 users in more than 100 countries, including major international groups and mid-size businesses like Danone, Airbus, and IBM. The system enables users to manage, batch, and authorize or reject any type of payment between any two parties. It handles payments and collections to and from clients, suppliers, and in-house business entities from a single, user-friendly interface. Datalog's Payment Factory supports a wide array of financial information formats, ensuring comprehensive control over financial flows. It offers seamless integration with existing ERP, accounting, and treasury systems, accommodating a broad range of international banking formats and ensuring painless deployment without disrupting current operations. An optional electronic Bank Account Management (eBAM) add-on is also available to streamline bank account and mandate management.

Features & Benefits

• Centralized Global Payment Operations
  • Automates, tracks, and controls payment operations, including batches, workflows, and intra-group transfers, across all global offices and subsidiaries from one system.
• Comprehensive Payment Type Support
  • Manages, batches, and authorizes or rejects any type of payment between any two parties, including payments and collections to and from clients, suppliers, and in-house business entities.
  • Payroll
  • Direct Debit
  • Checks
  • Bank Fees
  • Invoices
  • Treasury Transfers
  • Vendor Credits
  • International and Commercial Transfers
  • POBO/COBO
  • Bills of Exchange
  • Statements of Accounts
  • SEPA Direct Debits (SDDs)
  • SEPA Credit Transfers (SCTs)
  • Bank Transfer Mandates
• Seamless System Integration
  • Connects easily with disparate, legacy accounting, ERP, and treasury systems, and natively accommodates more international banking formats than other solutions on the market.
• Scalability & High Volume Processing
  • A fully scalable solution capable of absorbing any transaction volume, handling several billion dollars exchanged daily among more than 5,000 entities.
• Data Security & Compliance
  • Helps organizations keep their financial data secure and compliant with regulations.
• Flexible & Automated Workflows
  • Allows users to adapt the system with a no-code interface and automate repetitive tasks for increased efficiency.
• Bank Account Management (BAM/eBAM)
  • Includes an add-on to manage and streamline all bank accounts and mandates.