Multinational corporations’ finance operations are highly complex, making bank relationships, payments and trading difficult to manage. Industry standards such as ISO 20022, which require firms to process SWIFT MT and MX messages, are subject to frequent changes, and with all your decision making and business activity dependent on data, you need to know that it is accurate and complete.
Payables and receivables “on behalf of” (POBO and ROBO) models further complicate account management and reconciliation processes. What was already complex in a single location becomes far more difficult in an environment encompassing multiple jurisdictions, time zones and bank locations.
Gresham offers corporations operational certainty in this challenging environment.
We provide corporations with the connectivity, data migration, integration and control they need to streamline financial and investment operations – from innovative cross-border payments, to automated monitoring and alerts on issues that require immediate action.
Our ready-to-go connectivity to more than 80 banks - including all the formats, validations, enrichments, and bank-specific items you require - makes it fast and easy.
Quickly and simply transform messages with our out-of-the-box banking interfaces for payments and cash statements, security orders and statements, FX confirmations, and trade finance.
We reduce the risk of highly complex financial processes with automation that enables you to:
“Connect for payments provided the efficiencies we were looking for, giving us a one-stop-shop cash management tool and automation with multiple banks. The hands-on support from their specialist team brought invaluable expertise and experience to make the project a true success. We look forward to automating additional processes across the platform going forward.”
In a fast-paced, data driven world, corporates know that digital transformation is their key to success. Greater efficiency, richer insights, innovation – the opportunities are limitless. But the barriers to digital excellence remain high for many firms, including legacy technology, siloed systems and disparate data.
At Gresham, we work with global multinational corporations to digitally transform their operations. Our Connect and Control solutions enable firms to automate manual processes, reporting, and controls and effortlessly manage the increasing volume and complexity of data they deal with in a digitised environment.
Our customers have been able to reduce headcount, remove the risks associated with reliance on manual processes, and increase their ability to leverage their organisation’s data
Understanding your business’s cash and payments activity should be easy. But all too often, corporates are struggling to navigate the complexity and quirks of their banking partners’ operations. Systems which can’t ‘talk’ to each other, data which is in the wrong place or format. This lack of visibility compromises your ability to manage your financial activities.
Our Connect and Control solutions make it easy for treasurers and CFOs at corporates to get access to the statements and payments information that they need. We enrich your payments information with additional detail at each step of the processing lifecycle and status reports from your banks, enabling you to identify – and respond to – issues as they emerge, as well as giving you the holistic view of your business that you need to make accurate and effective financial decisions.
When your operations span the globe, so do your banking needs and relationships. But these relationships bring additional complexity and costs. Each bank you work with has unique connectivity requirements, and managing your cash or data across multiple organisations can be near impossible.
At Gresham, we make connectivity easy and painless for corporates with multiple banking relationships. We support you with a rich library of ready-to-go adapters, plus years of deep domain expertise enabling us to quickly respond to custom requirements.
Our fully managed service option allows you to hand over your connectivity requirements and focus on running your business.
In times of pressure, managing your cash is critical – but it’s also impossible without data you can depend on. Where constant change is the norm and the agility to react to unexpected market events is crucial, multinational corporates must have access to accurate, up-to-date information about their business to make the right decisions. But when your data is split across different functions and formats, or you’re dependent on manual controls and spreadsheets to keep track, true data integrity is impossible.
Multinational corporates depend on Gresham's Connect and Control solutions to give them total confidence in the accuracy and completeness of their data. Enterprise-wide automation removes the errors and omissions that come with manual processes, whilst our fully managed connectivity services and out-of-the-box adapters give you fast, simple access to your data.