Industry Trends

Current Initiatives and Pilot Programs

Payment Control

ECS offers a well organized dashboard and interface that gives full visibility and control on every payment being processed. Payments goes through a series of “touch-points” allowing any number of departments to interact individually or collectively, serially or in parallel.

The internal controls dashboard has build good reputation for ECS from its customers. They are able to review, attach documents, reassign exchange rates, add processing notes, set release times, engage dependencies and conditions very easily without having to write scripts or engaging the development team.

Every payment instruction is categorized by its type, purpose, location of initiator/beneficiary, amount, type of currency exchange, nature of recurrence etc. The payment profile dictates the path it should take while it goes through a series of processing desks and touch points.

Usage of beneficiary account numbers within a payment instruction is also controlled through simple parameter settings.