Westpac Integrated Banking Service (WIBS) can offer supported, automated, secure and managed file transfers between your organisation’s financial systems and Westpac.
WIBS’ host-to-host communication and file management platform enables your financial application systems to automatically send payment instructions, receive reports and account information and to perform the bank reconciliation process seamlessly.
With WIBS you can:
- Save time and money by automating payment processes through your Enterprise Resource Planning (ERP)
- Improve business efficiency and increase accuracy in payment processing
- Mitigate fraud risk by encrypting and transmitting payables and receivables data to Westpac Institutional Bank straight from your financial application
- Gain greater visibility of your accounts and increased control through detailed reporting and automated reconciliation
- Position and prepare your business for the future by using global standard message formats.