Use of Internet Explorer 6/7/8

You are using an old version of the Internet Explorer that is no longer supported. Please use a newer browser version. If you are missing the rights to do so, you can also enhance your Internet Explorer by installing the add-on called Google Chrome Frame. The extension allows you to display web pages that are no longer support by Internet Explorer. You can download the add-on here.


We help your organization to streamline
Treasury and Cash Management processes

Payment Optimization Management

Communicating securely with your bank  

Over the past few years there have been a number of new operational models, regulatory changes and technology improvements in the corporate treasury and banking sector. This has resulted in significant changes to the structure of treasury functions within multi-national corporations and these changes impact the relationships between corporations and banks.

The Payment Optimization Solution is based on SAP ERP (integrated by SAP BCM, Swift package integration and In House Bank) and has extensive functionality for managing payment remittances, approving chain processes (mobility), connecting to banks via Swift, providing a service bureau etc.

ConVista has implemented the SAP Payment Optimization Solution in different types of companies from various sectors in countries such as Germany, Switzerland and Spain. Our close relationship with SAP coupled with our consultants’ wealth of experience helps us ensure we produce good quality SAP solution implementations and provide added value. The solution creates a more secure and reliable communication channel with your bank, with a reduction of processing times and robust end to end processing. Customers can manage and streamline payments, electronic bank statements and payment confirmations, co-ordinating processes across SAP and non-SAP systems, integrating payment factories, realizing digital signature in the payment approval chain and going mobile with the SAP payments approval app.

  • Improves payment remittance management
  • Shared service centers create opportunities for more efficient bank office processes
  • Improves control and compliance for the release of payments and increases operational efficiency
  • Real-time integration with SWIFT via SAP Integration Package for SWIFT
  • Provides access to thousands of financial institutions with a single standard payment protocol
  • Optional integration with banks with the adapters in SAP NetWeaver Process Integration on a project basis
  • Real-time payment and settlement messages with full redundancy and recovery mechanisms
  • Leverages mobile technologies to approve payment batches using an SAP mobile app 

Scott Ferrante

+1 646 821 4730