The banking industry is characterised by innovation that seeks to introduce new products and services.These products and services consequently cater for different niches and segments of the market and make banking a pleasant experience. One perfect example in this regard is the Business Integrator Online from Absa.
The Absa business integrator online is the perfect web-based banking application aimed at the medium, large and corporate business customer.This modular solution lets you choose specific services adapted to your business own structures and systems.
Features of this product offering include being able to automatically process large payment volumes to beneficiary accounts or make once off payments, make Absa listed beneficiary payments to certain companies such as SARS, Telkom and Eskom, it can do payment confirmation via fax, email or text message, it gives you real time financial information for effective decision making, it initiates international trade, treasury and cross border cash management transactions, it offers high levels of security and the ability to reset your own password, you can view your account information including balance enquiries, it has cheque and cheque authorisation instruction, there is a full audit trail on all transactions performed on the system up to a maximum of 6 months, you can trace transactions and import batch payments from compatible accounting and payroll systems.
The benefits that you get from this facility include setting multiple levels of flexible security and easily segregate duties in the online environment, getting real time financial information for effective decision making, easily transfer funds between your own and other beneficiary accounts, access real time financial information for effective decision making, use and control your funds more effectively, lowered risk of error, shorter turn around times between starting financial transactions and their payment reconciliation, flexible solutions cater for your specific business needs and there is extended banking hours available on request.
Absa can be contacted on 0860227232.