One of the UK’s largest TV networks, ITV, has
implemented Bottomline Technologies’ SWIFT Access Service for cash
reporting and end-to-end treasury processes.
The SaaS is subscription and transaction-based
and enhances treasury automation, improve efficience and lower
operational costs.
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“The treasury project has enabled us to
automate time consuming manual processes such as accounting and
reconciliation and free up our resources to focus on resolving
exceptions. By adding SWIFT connectivity to our Treasury Management
System we have benefited from greater operational efficiency and
lower levels of risk. It has allowed us to develop and roll out
better treasury controls whilst improving the ease and convenience
with which we make our payments”, said Karen Fagan, treasury back
office manager at ITV.
Nigel Savory, Managing Director, Europe at
Bottomline Technologies said:
“A growing number of corporates are adopting a
cloud-based approach to connecting with the SWIFT network via our
SWIFT Access Service.
“This delivers the benefits of secure and
resilient access to multiple bank relationships, with faster
implementation, lower costs and in-house IT resource, while
structuring transaction fees and subscriptions on a recurring
basis. We are delighted to be working with ITV and look forward to
supporting them on this platform for many years to come.”
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