Outsourcing a total payments solution
We offer a secure, efficient and cost-effective way to manage your payments that removes the need for manual processing, by:
- Integrating directly with ERP systems including SAP / Oracle
- Adopting global ISO 20022 standards
- Offering customised solutions.
Westpac provides solutions that automate your accounts payable process which offers:
- Standardised internal processes
- Streamlined cash management
- Assistance with minimising fraud
- Error reduction
- Expense reduction
- A clear audit trail
- Comprehensive reporting.
You can consolidate your payables and remittance processing by making payments with one electronic file for all payments types. Processing of files can be done via straight-through processing using Westpac Integrated Banking Service (WIBS) from your system directly into ours. Alternatively, you can upload a file manually via an online portal.