Global channel, local formats
- Cost advantages
- Automatic reconciliation
- Reduced average collection time (DSO - Days Sales Outstanding)
With Inbiz Intesa Sanpaolo offers Companies, Financial Institutions and Public Entities access to all the local clearing facilities in the countries where the Group operates. Inbiz, the new Corporate Internet Banking solution, allows customers to prepare and send Direct Debit flows in local formats in compliance with local national regulations (RID in Italy, Lastschriften in Germany, etc.).
The SEPA Direct Debit is already available on the Inbiz platform: within the Single Euro Payments Area the new collection instrument allows payees to automatically order direct debits in Euro from the payer's current accounts with their pre-approval (the SDD mandate).
In addition, if you integrate Inbiz with your company's accounting system, you can upload and electronically transmit flows to the bank and as well as download reporting flows in order to automatically reconcile the flows.