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Instant Payments from a Corporate Treasury Perspective

 

 

It's a given that instant payments are no longer a fad, but a requirement, driven by consumers being anchored more and more in "real-time" everything. As such, it comes as no surprise that this trend will also shape corporate treasuries, steadily becoming the new norm in the very near future.

 

 

Where Allevo Stands

 

Last year, we started looking into new customer types, further extending our attention from banks to financial institutions and companies of various types and sizes.


We also started working on an EU-funded project which includes developing a software suite dedicated to SMEs and corporate treasuries, marketed as FinOps Suite – Making financial operations easy*.


As a bonus, we're stepping up the game with an Instant Payments solution for banks, FinTP-Instant, that you’ll definitely hear more and more about in the coming months.


These three magic ingredients make up the perfect recipe to now tackle the subject of instant payments from a corporate treasury perspective.



Instant Payments Benefits for Companies

 

In brief, businesses will benefit from:

  • Improved payment reconciliation process
  • Increased efficiency of e-invoicing
  • Optimized working capital and minimized external financing
  • Predictability
  • Fewer late payments
  • Fast invoice payments
  • Improved liquidity and cash management capabilities
  • Enhanced e-commerce
  • Reduced financial risk


Opportunity alert: benefiting from improved cash flow and immediate payment status update, companies can also achieve discounts for the early settlement of commitments.


Moreover, as instant payments are widely made available throughout Europe, they will become the #1 replacement for more expensive payment methods, such as credit cards, both online and at the point of sale.

 


Consumers want their orders processed un-intrusively and instantaneously, therefore merchants could implement an instant payments solution, passing the demand to suppliers immediately, extending the B2C real-time need towards B2B. Banks play the role of providing a relevant service to their corporate customers, gaining new business, while corporates address the current needs of modern people.

 

The sooner, the better, no doubt about that, so... keen to find out more about FinTP-Instant?

Book an appointment now with one of our consultants and get a head start over the competition! We are open to a quick conversation to help explore business opportunities in the light of options offered by this very interesting market initiative.

 

 


*FinOps Suite is the business name of the software solution being developed within our Treasure Open Source Software (TOSS) project. This project is co-financed by the European Regional Development Fund under the Competitiveness Operational Programme 2014-2020, Priority Axis 2 "Information and Communications Technology (ICT) for a competitive digital economy".

 

 


Vote For Allevo in the European Business Awards

 

 

We kicked off the year by announcing our nomination on the "Ones to Watch" list published by the European Business Awards together with RSM, and we promised to keep you up to date with the next stage of the competition.

 

Well, here it is: we put together a short presentation video on who we are and why we deserve an award for innovation, and the competition is now open for public voting.

 

 

vote-allevo

Should you want to support us (and why wouldn't you?), here's what you can do:

  1. Access this link.
  2. Watch the video and cast your vote by filling in your email address.
  3. Check your email and click on the confirmation link.
  4. There, now we're best friends forever! :)

 

Fun fact: As of now, there are 78 entries from 29 countries, and we're the only Romanian company in the competition.

 

Truth is we wouldn't be here without you, both partners and friends, so we're obviously counting on you this time as well... Cheers!

 

 

 

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