Security and Risk Management in Payment Transactions
Alongside smaller companies, there are still many medium and largesized companies that have not yet implemented real-time monitoring of their payment processes. The result? These organizations then fail to discover missing cash until the end of the month. This is often the case despite tried-and-tested digital payment platforms that standardize and automate cash flows being readily available in the market. With such tools, corporations are provided with the necessary controlling and an uninterrupted overview of these cash flows.
For this reason, a central record of all existing accounts and payment governance are indispensable for any company. Moreover, central payment solutions not only provide protection against fraud, but also reduce costs to process payment flows. They also trigger an alarm if unusual transactions occur, making hidden bank accounts and a black economy a thing of the past.
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TIS Sanction Screening - One Tool, Greater Security
Government-imposed embargoes and sanctions on who you can trade with and how, are changing almost daily which poses a great risk to your business. How do you keep up-to-date with which payments and cash transfers are allowed?
While you may have successfully worked with many of your suppliers for a number of years — and know them well — do you have the same visibility over those working with your subsidiaries? What measures are in place to deal with invoices that cannot be paid? The penalties if you get it wrong are huge, in lost reputation a ...
Transparency, centralisation and management of international transactions
Today we see many CFOs are making progress towards creating a technology-enabled finance function, but much work lies ahead. Too many companies still rely on outdated data for key decision-making and experience challenges of consolidating numerous disparate systems. For the successful delivery of insightful analytics, the capacity in the finance function must be released by the introduction of far more automated and efficient payment processes. Underpinning all of this will be digital technologies, mobile e-enabled finance tools, leading-edge d ...
Achieve better business performance with AI-powered automation
To realize the full potential of AI-powered automation, businesses need to consistently utilize proven automation software and apply best practices across all workflows—from creating faster, digital customer experiences to optimizing internal processes.
IBM Cloud Pak ® for Business Automation provides a modular set of integrated software, built for any hybrid cloud, that’s designed to quickly solve your toughest operational challenges.
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Don’t let integration become an obstacle to success
Centralized traditional architectures can’t keep up with the speed and volume of integrations required for digital transformation. Solve this problem by using an agile integration strategy paired with a hybrid platform.
With a single platform for all integration patterns and capabilities, you can integrate within hybrid multicloud environments, drive speed and application development efficiency while lowering costs, and balance traditional and modern integration requirements.
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Shifting to Proactive IT Ops with IBM Cloud Pak for Watson AIOps
The most important feature of an AIOps solution is its ability to predict future anomalies or outages before they have an impact on the business.
IBM Cloud Pak for Watson AIOps enables customers to accelerate incident management, diagnosis, and resolution by using AI, natural language processing, and other advanced technologies. IBM Cloud Pak for Watson AIOps address the core functions and capabilities critical to an AIOps solution, particularly in its ability to identify anomalies across data silos.
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