Multi-Bank Payment Execution

Execute payments across all connected banks from one centralized platform.

Used by:

CFO

Controller

Relevant for

Centralize All Outbound Payments

Executing payments from multiple banks through one platform eliminates the need to log into separate portals, streamlining treasury operations and reducing complexity.

Reduce Errors With Standardized Workflows

A unified payment experience ensures consistent approval steps, payment formats, and controls across all banks, minimizing mistakes and compliance gaps.

Speed Up Payment Processing

Centralized initiation and routing enable teams to move funds faster—whether paying vendors, funding subsidiaries, or managing intercompany transfers.

Multi-Bank Payment Execution centralizes payment initiation, approval, and release across all banks in one hub. It standardizes controls, improves visibility, reduces errors, and speeds up payments enterprise-wide.

Initiate payments from any bank through one standard interface

Apply consistent approval controls across all banks for secure payments

View real time payment status and confirmations across all banks

How teams use this feature

Execute payments across all connected banks from one centralized platform.

Vendor and Supplier Payments Across Multiple Banks

AP teams can initiate and approve payments to vendors from any connected bank account without switching banking portals, reducing friction and accelerating the payment cycle.

Intercompany Funding and Cash Movements

Treasury teams can quickly transfer funds between subsidiaries or entities using standardized workflows, ensuring timely liquidity support across the organization.

High-Volume Payment Processing

Organizations managing large payment batches—such as payroll runs, commissions, or recurring payouts—can execute them through a single interface while maintaining consistent controls and oversight.