The challenge, and this flow, frame the cash ecosystem, which affects the heart of the business, however, it is not considered within the functionalities of the central applications, requiring a great effort from technical teams. For this reason, providing these services which support real time cash management has been identified as the great challenge to be solved by ECS.
Corporates need solutions and services that isolate and protect their ERPs and internal applications, standardizing their processes regardless of the offer of channels and formats provided by banks. These solutions should be of rapid implementation and low demand of your technical teams, allowing them to focus on the support of their core applications. They require a single gateway to a comprehensive network of financial institutions that support their operations, without the dependence on the infrastructure, monitoring and updating of this “integration” with their financial allies.
At the same time, financial institutions, and their cash departments, seek to offer these services with easy onboarding, without requiring long implementation processes with each client, nor modifying the formats handled by their applications, and mainly, with no dependency on their technical teams, already facing a substantial demand from the bank’s internal systems.
Gustavo Gómez Rujeles, Global Director Cash Solutions, ECS Fin