Decentralized Payment Factory

Discover the advantages of making group-wide local payments via a decentralized payment factory. The solution is possible regardless of whether you have a group-wide ERP (like SAP) or several ERPs. The diagrams in the PDF are very informative.

Sucess Story Brückner

Firma Brückner Group GmbH (Maschinenbau) in Siegsdorf at Chiemsee: Payment solution with central e-banking with Bellin tm5 TMS and various local ERPs. Account Payable Release local (decentral). Presentation held in Salzburg and Rust.

A worth reading interview with Mr. Huber of Brückner Group GmbH about the project was published in DerTreasurer, issue 3, February 7th 2019, page 6 (text in German).

Sucess Story Egger

Firma FRITZ EGGER GmbH & Co. OG in Tyrol: Payment solution with central e-banking with Reval TMS (slides in German) and central SAP as ERP. Account Payable Release local (decentral). Presentation held in Zurich and Salzburg.

Advantages

  • Transparency of group-wide money and currency flows
  • Visibility of the group-wide payment transfers in one system
  • Security in the  payment transfers and prevention of external and internal fraud
  • Centralized internal administration of bank authorizations
    An example: Previously, 70 users at 40 banks with 1,300 bank signatures managed were managed locally at the banks.
  • Security in all financial transactions, revision security and ICS optimization
  • Improved cash management with liquidity planning
  • Enable optimization of FX exposure management (currency risk)
  • Optimize internal group payment transactions (netting)
  • Reduce financial risks (signature authority/fraud)