The SYSPRO Electronic Funds Transfer (EFT) system improves multi-currency payment efficiency and provides an accurate, current picture of your cash flow. Furthermore, it reduces the risk of fraud and transactional costs associated with beneficiary payments.
Key benefits of Electronic Funds Transfer
- Lower transactional costs of beneficiary payments
- Reduced fraud risk
- Reduced risk of late payment penalties
- Reduced resource requirements
- More accurate cash flow control
- Paperless payment audit trails