Active Payments

GXS Active℠ Payments consolidates payments and receivables processes into a unified workflow to create a centralised payment factory which can enable visibility regardless of geographic borders and time zones. Active Payments is designed to control disbursements as well as cash and liquidity through a single integrated gateway that provides a consolidated view of cash management processes across:

• Multiple banks
• Multiple countries
• Multiple divisions & subsidiaries

GXS Active Payments Provides the Venue for a Centralised Payments Strategy

With GXS Active Payments, you can:

• Aggregate payments from SAP, Oracle and other ERP applications in use across multiple divisions and operating companies.
• Initiate numerous payment types including wire transfer, automated clearinghouse (ACH) and checks to deliver the greatest range of flexibility to suppliers.
• Control payment release through a centralised management module that supports a complete audit trail and exception processing.
• Consolidate multiple payments into one banking transaction to reduce cross‐border banking fees.
• Reduce settlement risk and streamline payments processing by facilitating end-of-day netting.
• Access over 25 standardised reconciliation and payment reports to provide simplified insights into cash flow trends through a single portal.
• Control and manage all check cancellations and stop payment activities.
• Monitor payment status via a web-based portal or through direct ERP integration.
• Exchange payment instructions with banks using a variety of messaging standards such as SAP IDOC PEXR2001 and PEXR2002, SWIFT MT 101, MT 103; ISO 20022 XML (UNIFI); EDIFACT PAYMUL; ANSI X12 EDI 820, 821 and 824 and NACHA CCD and CTX.

Gain Optimum Control of Cash and Liquidity Management on a Global Scale

• By utilising Active Payments, you can easily gain control over your financial payments and reporting structure.
• Centralise all banking communications to a standard approach, independent of a business unit or ERP system.
• Improve visibility to disbursements and account balances.
• Consolidate and convert check payment files to electronic funds transfer reducing banking and operational costs.
• Distribute remittance advices to suppliers electronically enabling faster reconciliation of invoice-to-payment data.