ANZ PAYMENT SOLUTIONS · 2020. 9. 30. · ANZ Payment Solutions allows you to send payment and remittance advice instructions in the ISO20022 xml format. ... Flexibility to manage

SIMPLIFY AND STREAMLINE

YOUR PAYMENTS PROCESSES

ANZ PAYMENT SOLUTIONS

ANZ Payment Solutions is part of a suite of integrated cash management solutions designed to enhance cash flow. It can help businesses operate more efficiently, reduce costs and improve the management of Working Capital.

ANZ Payment Solutions lets you group payment information—including direct credit, cheque payments, and remittance instructions—in an ISO20022 International Standards Organisation industry message standard, reducing the time and cost associated with payment processing.

By eliminating manual processes, such as uploading payment information, obtaining multiple authorisations, writing cheques and reconciling accounts, ANZ Payment Solutions can streamline your business administration.

HOW ANZ PAYMENT SOLUTIONS WORKS

ANZ Payment Solutions allows you to send payment and remittance advice instructions in the ISO20022 xml format. We then process the cheque and direct credit payments on your behalf and, according to your instruction, issue the remittance information via post, facsimile or email and can supplement these with an SMS notification to beneficiaries. This takes away the inconvenience and cost of dealing with paper payments, as well as efficiently managing your electronic disbursements via an integrated solution with ANZ.

ANZ Payment Solutions also provides a means of making straight-through processing payments. You can retain control of the initiation and approval process within your Enterprises Resource Planning (ERP) system, and interact seamlessly with ANZ to complete the processing. You can also manage all your outward payments, including vendor invoices, dividend payments, insurance claim payments and customer rebates.

Comprehensive reporting on all deposited and returned payments allows you to update your ERP system to manage the reconciliation process on an exception basis.

WHO ANZ PAYMENT SOLUTIONS IS DESIGNED FOR?

ANZ Payment Solutions is ideal for businesses who generate medium to high volumes of domestic payments or cheques, or need flexible remittance options to support your payments. Businesses seeking process efficiency and cost will be able to better track Days Payable Outstanding to improve the management of vendor relationships and ultimately reduce the cost of running your business through streamlining the costly administrative processes.

To utilise ANZ Payment Solutions you are required to have a relevant ANZ Digital Channel in order to submit your ISO20022 payment instructions and receive payment validation and reply messaging.

INTEGRATED CASH MANAGEMENT SOLUTIONS

DESIGNED TO ENHANCE CASH FLOW

ANZ CUSTOMERANZ PAYMENT

SOLUTIONSPAYMENT

BENEFICIARY

A CONSOLIDATED PAYMENT SOLUTION THAT CAN

STREAMLINE YOUR BUSINESS ADMINISTRATION

Payment reply file / Cheque reporting

Customer payment file (ISO20022 xml format)

Payment solutions customer web portal

Remittance information

Cheque reporting

SMS notification

Bank cheque

Fileactive

Future dated

payment

Email / Fax

EFTs (direct credit)

Presented cheque information

Payee deposits cheque with their financial

institution

Payee

Web based payment

authorisation

Post

RTGS

Cheque stop

payments

Courier - AU (bank cheques

only)

Customer ERP

12

1 2

11 10 9

8

3

5

6

7

4

WHY SELECT ANZ

Integral to your businessANZ Transaction Banking is an integral part of your business. Our insights and solutions help you efficiently manage your cash flow, positively affecting your Working Capital and bottom line. By delivering the right mix of end-to-end solutions, we help to uncover the full potential hidden within your financial supply chain practices—and show you how to realise this value.

FEATURES BENEFITS

Flexibility to manage all your payments in one single file

• Multiple payment types can support disbursements to a variety of recipients —vendors, employees, shareholders, customers.

Rapid and secure payment processing

• Payment initiation and authorisation is retained in your ERP system, minimising risk and satisfying internal compliance requirements.

Automation of payment processing

• Straight-through processing of payments reduces internal processing and administrative costs, increasing productivity.

Outsourced cheque production and issuance

• Reduces the risk in making cheque payments.• Minimises manual paperwork and processing delays created through the cheque

signing process.

Timely reconciliation reporting

• Reduces the time and effort required to reconcile processed payments. Provides transparency in your payment processing and cash flows.

Online portal • Enables you to initiate a stop payment quickly and efficiently, obtain real time updates of the status of cheques and authorise future dated payments.

Customisable cheque and remittance layouts

• Ensures corporate identity requirements are met through the use of logos and other branding features.

Remittance information sent with electronic and paper payments

• Reduces the number of vendor queries regarding payments, freeing up resources to exception process.

Multiple delivery methods and options for remittance

• Post to Beneficiary• Messenger Post to Beneficiary• Courier returns to office• Facsimile

• Email • SMS Notification• Ensures your payment recipients receive their

remittance information in a timely fashion.

Partner with a leading bankANZ is the largest Australian bank in Asia, one of the five largest and most successful listed companies in Australia, and the number one bank in New Zealand. As transaction banker to some of the world’s leading organisations, ANZ has a proven track record partnering with, and meeting the complex needs of our clients.

CONTACT US

If you would like more information on ANZ Payment Solutions, please contact your ANZ Relationship Manager or Account Manager.

This brochure:• is distributed in Australia, Singapore, Hong Kong, Japan, India, Philippines by Australia and New Zealand Banking Group Limited

ABN 11 005 357 522 (“ANZBGL”); • has been prepared for distribution in New Zealand by ANZ Bank New Zealand Limited and ANZBGL; and• is distributed in other countries by the relevant subsidiary or branch of ANZBGL, (collectively “ANZ”). The information is not a recommendation by ANZ to you to acquire a product or service, or an offer by ANZ to provide you with other products or services. All information contained in this brochure is based on information available at the time of publication. While this brochure has been prepared in good faith, no representation, warranty, assurance or undertaking is or will be made, and no responsibility or liability is or will be accepted by ANZ in relation to the accuracy or completeness of this brochure. ANZ does not provide any financial, investment, legal or taxation advice in connection with this product or service. This brochure is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised adviser services under the Financial Advisers Act 2008 (NZ). ANZ recommends you read the relevant terms and conditions which are available from your usual ANZ contact before deciding whether to acquire or hold the product or service. The products and/or services described in this brochure may not be available in all countries. This brochure may not be reproduced, distributed or published by any recipient for any purpose.

Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522.

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