All the power of CBPay is demonstrated using all components and the intelligent control of payment routes with different check profiles, error handling and clearing partners. Individual scheduling, prioritization, time or cost optimization as well as emergency procedures can be configured in a transparent and flexible way.
The Lehman Challenge
Many companies use their primary bank only to process payment transactions.
At least the financial crisis of 2008 has shown that this can entail a high business risk, be-cause even solid banks can get into trouble for some reason.
A permanent disruption of payment processing can quickly drive companies into insolvency.
CBPay is bank independent and therefore an ideal system to use main bank connections while keeping contingency plans ready. In case of emergency, the system can switch over to alternative partners after manual review or fully automatically.
Migrations and mergers
CBPay can receive data from different sources and send it to different destinations. When systems are replaced or merged, CBPay is the perfect framework to ensure a smooth transi-tion.