FIS Payment Hub – Enterprise Edition centralizes and modernizes corporate payments, enhancing cash visibility, reducing complexity, and mitigating fraud and costs.
Vendor
FIS
Company Website
FIS Payment Hub – Enterprise Edition is an award-winning solution designed to modernize corporate payment journeys by digitalizing payments and bank reporting. It significantly reduces the complexity of payment operations, improves cashflow visibility for enhanced liquidity management, and substantially lowers both operational and transaction costs. The hub supports all domestic and cross-border payment types and direct debits, whether originating within the system or imported from external sources. By centralizing corporate payments across the enterprise, it establishes standardized workflows and controls, which are crucial for mitigating payment fraud and errors. This platform enables organizations to deploy the latest payment technologies and optimize resource utilization through automation.
Features & Benefits
- Comprehensive Payment Handling
- Handles all domestic and cross-border payment types and direct debits, whether created in the hub or imported from other systems.
- Centralized Payment View
- Provides a single, unified view for all payments, increasing cash visibility, mitigating errors, reducing fraud risk, and lowering overall costs.
- Improved Cashflow & Liquidity
- Centralizes the view of payments and associated risks to enhance clarity on liquidity and improve strategic decision-making.
- Cost Reduction & Resource Optimization
- Utilizes automation to significantly reduce transactional costs and the operational expenses associated with managing multiple bank connections.
- Fraud Risk Control
- Centralizes corporate payments across the enterprise and establishes robust internal controls to mitigate the risk of payment fraud and errors.