The most optimal payment process with Albany Software’s solution

[img_assist|nid=10060|title=|desc=|link=none|align=left|width=100|height=33]A new intelligent processing engine which actively analyses the contents of the data it is managing to assist the end user make best practice decisions was recently introduced by Albany Software, a UK provider of software designed to transform the delivery of documents, data and funds.

This solution was specifically developed to handle numerous payment options. Albany ePay processes the contents of the data flow to find and indicate optimum payment methods, notify of any account changes, reconcile updated data back to the core application and warn or stop any payment that is unfit to specified values.

With multiple inputs and outputs all payment methods can be managed within one product including Bacs, Faster Payments, European Payments and any others the organisation wishes to add such as SEPA. It can be easily integrated with all ERPs, core accounting solutions and both local and global banking and clearing systems.

"Albany ePAY is set to lead the way for the next generation of payment solutions. Traditional financial applications simply provide a gateway between the outside world and the internal, back office systems. Albany ePAY's intelligent solution takes this concept to a new level and makes recommendations to the user of the most logical, streamlined payment process possible," says Adrian Stafford-Jones, managing director of Albany Software.