Domestic payables
Domestic payables incorporates a suite of integrated cash management solutions designed to help enhance cash flow. It can also help businesses operate more efficiently and improve the management of working capital.
Optimising business performance
High payment volumes
- Ideal for businesses that generate medium to high volumes of domestic payments such as creditor payments or payroll, or need flexible payment options to support their payments.
Domestic real-time payments
- Osko is a real-time payment service operating under the New Payments Platform (NPP) in Australia. It enables instant domestic transfers between participating financial institutions, 24/7—including weekends and public holidays.
- NPP offers other capabilities such as enriched data using ISO 20022 standards.
Greater visibility
- Provides dynamic reporting, improving visibility over payment processing and web authorisation through ANZ Transactive Global.
Optimise working capital
- Working capital can be optimised by paying invoices on their due date, thereby improving interest earned on corporate account balances.
Minimise risk
- Customers with no upstream Enterprise Resource Planning (ERP) authorisation capability can leverage ANZ Transactive Web Authorisation to help minimise risk.
- ISO 20022 is an international standard that covers payment messaging, which is maintained by the International Organisation for Standardisation (ISO).
Greater efficiencies
- Eliminates manual processes, such as uploading payment information, obtaining multiple authorisations and reconciling accounts. Domestic payables can help streamline your business administration and free up resources.
- Osko Payments allows up to 280 characters in the payment description field, enabling detailed remittance information such as invoice numbers or customer references.
Why choose ANZ?
ANZ Transactive – Global
A convenient web-based cash management platform that has been designed for maximum flexibility, security and ease of use. Features include domestic and international payments, transfers, and balance and transaction history.
ANZ Fileactive
A flexible file transfer and data messaging exchange solution offering systems integration into a number of ANZ banking services (including NPP payments), allowing straight through processing from Enterprise Resource Planning (ERP) and Treasury Management Systems (TMS).
This capability utilises standards such as:
- Secured File Transfer Protocol (sFTP),
- Application Statement 2 (AS/2) and Representational State Transfer (REST) Application Programming Interfaces (APIs),
- along with a number of standards-based security methods.
From aerospace to zinc
and just about everything in between
ANZ Institutional supports customers across a wide range of industries operating domestically or moving goods and capital across Asia-Pacific and beyond.
Speak to us about our banking solutions
If you're an existing customer
speak to your ANZ Relationship Manager
or Account Manager
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