In Europe, the money tied up in payment commission runs into the 100 of millions every year and yet many firms struggle to handle these high volume, low value transactions effectively. This is because the manual effort in processing them often exceeds the individual transaction values. This leads to lost revenue and 100,000s of zombie commission claims that are neither received nor paid that clog up systems and create unnecessary complexity.
valantic Financial Services Automation has developed an elegant approach to this problem that uses contemporary workflow technology to address the three main issues banks face when dealing with charges and claims processing.
Many financial institutions are now benefitting from FinCase especially in terms of its ability to be customised to meet specific or new workflows that banks require. In this Webinar Mirta Fortes, our senior bank-to-bank commissions specialist, will share exclusive insights into the benefits of using FinCase using real world examples.
Join our online session and learn more about our approach and how to become part of the FinCase revolution.