When one of our clients decided to replace their outdated banking communication platform, one of their requirements was to be able to make instant transfers to each of their banks. Their biggest concern was the heterogeneity of their numerous banks and their associated banking formats, and they feared that creating these transfers in the formats expected by the banks would be tedious and time-consuming.
This was without taking into account the power of the rules engine embedded in NEOFI Payment , which was deployed without affecting the client's existing information system in any way.
Thanks to its rules engine, NEOFI Payment retrieves all data flows regardless of the sending application, protocol, or format, then separates each piece of data to integrate it into a database. This centralized system allows for quick retrieval of the necessary information from the database to build the output file, whatever its format.
The longest part of the project consisted of collecting the type and nature of expected data from all banking contracts, and then defining the best way to automatically populate each necessary tag in the output file format.
NEOFI Payment 's flexibility and ergonomics allow each customer to quickly become autonomous in modifying and/or adding a bank and associated contracts.
The financial gains are immediate: no human attention is now required to control and manage the value date since this concept no longer exists!
Beyond its initial need, this project proved to the client how much NEOFI Payment made it possible to solve problems not initially expressed; for example, it was able to quickly and easily divide its account statement files by scope to send them automatically to the different business applications.
