Track and automate your incoming and outgoing payments
To track your incoming transactions, strengthen fraud prevention, and lighten your accounting processes, our solutions assign virtual IBANs to your bank transfers, simplifying payment tracking and easing the workload for your finance teams.
Optimise your transfers with virtual IBANs
Virtual IBANs are alternative IBANs linked to the main IBAN of the account that receives the funds. When used alongside standard or instant transfers, they enable automatic identification and referencing of payments based on their purpose or the identity of the sender:
- Customer
- Budget line
- Store or subsidiary
- Internal department or project
Virtual IBANs & transfers:
The winning duo for managing payment flows
Numerous payers, high volumes of transactions… Sorting through your bank operations and identifying the right senders can be time-consuming and error-prone.
Whatever your industry, our Payment Automation solution, powered by Transfer and Virtual IBAN APIs, offers a tailored response to your traceability and payment automation needs.
Property & Rental Management
Secure the collection of rents
and condominium fees.
Healthcare Expenses
Simplify the tracking and management of payments
from various stakeholders.
Platforms
Track your partners’ payments
in real time
Retail
Manage all payment flows
for your franchises.
Managing a high volume of payments? Simplify reconciliation!
- Full traceability to identify the origin of each transfer and ensure all clients settle their payments.
- Automated reconciliation to easily match each payment to the correct invoice.
- Enhanced security by keeping your main IBAN confidential, virtual IBANs shield your primary account from fraud.
Payment solutions
integrable into your existing tools
Issuance of a virtual IBAN
From your business tool (ERP, TMS…), the Finance team prepares client billing by issuing a virtual IBAN linked to your company’s main account. This IBAN serves as the client’s identifier for all their invoices.
Invoicing
Traceability and automatic reconciliation
Real-time information
5 key benefits of virtual IBANs for optimising your cash management
Automation unlocks the full potential of your treasury. By assigning a virtual IBAN to each transfer, you can automate and secure your entire accounting process, contributing to better treasury management.
Custom VAT application
Assign a specific VAT rate at the creation of a virtual IBAN (or a range of them), reducing manual control tasks and limiting errors.
Real-time transaction tracking
Instant payment status updates to take quick action in case of non-payment.
Automated transaction categorisation
Payments are automatically categorised upon receipt, based on the virtual IBAN, significantly streamlining internal accounting workflows.
Automated accounting reconciliation
Eliminate manual reconciliation tasks, improve accuracy, boost productivity, and focus on higher-value activities.
Enhanced security
Generate virtual IBANs on demand to protect your main account’s banking information.
