Payment and collection requests are automatically imported or captured manually into CentralPark.
These transactions are enriched, validated and transformed into instructions. The instructions are then aggregated to create an instruction document which contains all the necessary detail to debit or credit Client bank accounts.
These instructions can be submitted automatically and transmitted straight through to the Bank or, alternatively, go through an approval process prior to submission.
Confirmations from the Bank are imported and matched back to the original instructions. Any unsuccessful instructions are automatically flagged for follow-up.
