Payments and Collections Factory
The Montran Multi-Bank POBO/COBO platform uses Virtual Account Management (VAM) to allow any corporation to centralize (Regionally or Globally) the Collection/Payment-on-behalf-of operations and rationalize the number of real bank accounts they operate. Importantly, the platform links to any Bank and is available as Software-as-a-Service (SaaS) or on premise.
Bank Agnostic POBO/COBO Platform
The Montran platform will work with your existing Bankers, no need to migrate to a new bank thus avoiding a costly, disruptive and lengthy migration. New banks can also be added at any time.
Multi-Bank and Multi-Currency
Connects to many banks simultaneously, utilizing existing banking infrastructure, including Secure File Transfer, APIs, PSD2 or proprietary links. Montran will maintain this connectivity on your behalf. This removes the initial and ongoing cost of bespoke integration.
Global and regional Centralization
Allows any organization to centralize their payments and collections operations Regionally or Globally. All accounts are now operated and maintained on one system centrally with secure connection to each of your banks.
Real-Time Reconciliation and Alerting
Real-time reconciliation and automatic funds allocation to the correct divisional, departmental, or client account with strict segregation of funds in pooled or omnibus accounts.
Virtual IBAN Management (VIBAN)
Full VIBAN support including 1 and 2-way VIBANs.
Bank Account Rationalization
The Montran platform allows any corporation to reduce the number of Bank Accounts they operate to suit your local and global operations.
You cannot manage what you cannot see. Once the VAM platform is deployed, full visibility and control are at your fingertips. Including Cash Concentration, Sweeping, Pooling, Target and Zero balancing, as well as detailed forecasting.
Dashboards are provided and are configured uniquely for each job function. Alerting can be set to your own parameters providing proactive cash management controls.