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Technical Information
aplonCASH has been developed as a Java based web application which can be deployed using any J2EE compliant application server and supports all leading RDBMSs including DB2, Oracle and SQL Server.
Once deployed in the corporate's environment, aplonCASH enables internal systems to initiate payments, and users to manage their authorization before communication to the bank.
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Acting as an interface between a company's internal systems and their banking partners, aplonCASH integrates with ERP, accounting and other internal systems and enables the creation of payment initiation messages compliant with a bank's proprietary format or the globally recognized SWIFT MT or MX standards. These messages are then automatically communicated to the respective banks using the SWIFT Network or alternative communication protocols. The system can also be configured to route all payment initiations via a single sender bank if required. When the bank processes payments, it returns information of the status of the payments and aplonCASH informs the corporate application accordingly.
The 4-eyes authorization system ensures that no payment is communicated to a bank until it has been authorized by 2 users of a sufficient authorization level. Automatic authorization levels can be configured per department to enforce only 2-eyes authorization for payments below a certain value. The system also ensures that a payment created in the ad-hoc create payment screen must be authorized by a different user.
The treasury department can also delay payments, change their payment date, and even adjust the value of the payment before they are transmitted to the bank.
The availability of real-time information coupled with advanced payment management functionality, provides the treasury department with the means to ensure that liquidity is simply and efficiently maintained across multiple banks, companies and departments.
Features:
- Automatically routes payments from internal applications to the relevant bank
- Ad-hoc create payment screen enables the creation of an urgent one-off payment
- Search payments with user selectable filters
- 4-eyes authorization ensures payments are fully authorized before transmission to the bank
- Payment date and value can be modified during authorization process
- Scheduled communications with multiple banking partners ensures cut-off times are met whatever the time zone
- Automatically routes current payment status from the bank to internal applications
- Configurable user authorization roles
- Speaks SWIFT MT / MX with full support for proprietary bank formats where required
- Configurable department limits provides full control over payment flow
- Graphical forecast screen provides an instant overview of liquidity requirements for each company and department
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