Integreal Software and Consultancy Services, Middleware Solutions, Financial Software, EAI @ Saudi Arabia, Turkey, Jordan

This solution allows its customers to manage their remitters, and to keep track of their invoices and payments.

ISC Collections

Comprises a flexible notification engine which sends invoice and due payment reminders to remitters
Closely monitors payments made by remitters and balances their accounts. Extra amounts are kept in remitters accounts to be used in future invoices.
Notifies customers with less advanced accounting solutions through the notification engine, whereas customers using more advanced systems are offered the real-time B2B notifications option
Provides a wide range of online services to the customers, allowing them to manage configuration/remitters/invoices and to view payments
Allows remitters to manage configuration, view invoices, and view payments–services which may attract new customers to banks

ISC Collections has the following features:

Configuration:

Create new customers with customer information and notification settings
Assign base account number for generation of virtual accounts for remitters.
Customizable notification functionality e.g. Notification timing, notification messages (En/Ar), notification type (email, SMS etc.)
Create a batch of virtual accounts for remitters with valid IBAN numbers

Services:

Receive invoices as messages or as bulk invoice files through different channels and technology e.g. MQ Series, file copy, ftp, Web Services etc.
Notify remitters about their invoices using email and/or SMS messages
Receive payments through different channels e.g. MQ Series, web services etc.
Balance payments with invoices. In case the payments are more than the total invoice amount, the extra amount is kept at remitters account to be utilized for future invoices.
Notify customers and remitters about the paid invoices.

Supplementary Services:

Customers can request for statements and reports about their invoices and remitters
Invoice management for customers (recall or settle an invoice, change due date)
Administrative reports e.g. pending invoices, past due invoices, remitters with pending invoices with the balance etc.
Reconciliation of the payments and invoices with the bank and customer records
B2B push notifications to the customer web services for real-time payment notifications

Remitter services