Payments and Collections Factory

The Montran Multi-Bank POBO/COBO platform uses Virtual Account Management (VAM) to allow any corporation to centralize (Regionally or Globally) the Collection/Payment-on-behalf-of operations and rationalize the number of real bank accounts they operate. Importantly, the platform links to any Bank and is available as Software-as-a-Service (SaaS) or on premise.

At A Glance

The Montran Platform allows any Corporation or NBFI to map their existing Bank Accounts with Virtual Accounts at all of their existing bank partners, creating a Centralized POBO/COBO hub. In order to enable Straight-Through-Cash-Processing the Montran platform also connects to your core business systems, thus creating a fully Customer-Self-Service Platform with Real-Time Reconciliation, Automated-Allocation, and Access/Authorization Controls.

Solution Highlights

Bank Agnostic POBO/COBO Platform

The Montran platform will work with your existing Bankers, no need to migrate to a new bank thus avoiding a costly, disruptive and lengthy migration. New banks can also be added at any time.

Multi-Bank and Multi-Currency

Connects to many banks simultaneously, utilizing existing banking infrastructure, including Secure File Transfer, APIs, PSD2 or proprietary links. Montran will maintain this connectivity on your behalf. This removes the initial and ongoing cost of bespoke integration.

Global and regional Centralization

Allows any organization to centralize their payments and collections operations Regionally or Globally. All accounts are now operated and maintained on one system centrally with secure connection to each of your banks.

Real-Time Reconciliation and Alerting

Real-time reconciliation and automatic funds allocation to the correct divisional, departmental, or client account with strict segregation of funds in pooled or omnibus accounts.

Virtual IBAN Management (VIBAN)

Full VIBAN support including 1 and 2-way VIBANs.

Bank Account Rationalization

The Montran platform allows any corporation to reduce the number of Bank Accounts they operate to suit your local and global operations.

Liquidity Management

You cannot manage what you cannot see. Once the VAM platform is deployed, full visibility and control are at your fingertips. Including Cash Concentration, Sweeping, Pooling, Target and Zero balancing, as well as detailed forecasting.

Dashboards

Dashboards are provided and are configured uniquely for each job function. Alerting can be set to your own parameters providing proactive cash management controls.