Global Transaction Banking - Collections and Receivables Management
Powering Financial Management Proficiency in Corporate Transactions
Optimize fund collection and consolidation across all payment modes
Centralize invoice matching and reconciliation on a unified portal
Enable real-time straight-through reconciliation via VAM integration
Module overview
A Centralized Hub to Manage Receivables and Ensure Timely Collections
Mindgate’s VTransact DigiTB enables seamless management and monitoring of corporate cash Collections and Receivables through a dedicated platform to optimize strategies, mitigate liquidity risks and improve overall financial health.
KEY FEATURES
Sophisticated Tools to Consolidate Fund Collection,
Extensive Capabilities to Manage Receivables & Reconciliation
Flexible, customized collection products: Cash, Cheque, Mandates, Electronic fund transfer
Collections via branch banking, PG, POS, ATM/CDM, kiosk and third-party cash pickup
End to end physical collection management Scanning, data entry, monitoring and clearance
Electronic collections via direct debit including QR-based mandates
Advanced virtual account capabilities with hierarchy support and budget management
Remote cheque deposit with OCR technology
Doorstep banking with cash delivery and exchange services
Rule-based receivables matching for high reconciliation accuracy
Invoice capture, processing, and reconciliation for multi modal collections
Comprehensive direct debit to reduce bad debt and manage recurring payments
Connected APIs to support multiple channels: Portal, mobile, Host-to-Host
Arrangement based funding and credit
Platform to seamlessly integrate and manage corporate business partners and vendors
Explore Other Vtransact DigiTB Modules
KNOWLEDGE HUB
Insights & Stories
Cash Management Operations
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