Payment fraud affects nearly every industry and recently cybercrime has become the second most reported type of economic crime. It is increasingly important for companies to have visibility and control over their payment processes.
Easily manage access to all group bank accounts centrally. With flexible user rights management, you can find the right balance of access rights for each role.
With nearly $3 billion dollars lost to Business Email Compromise attacks since 2013, creating a secure payment process is now a priority for global Treasury departments.
Avoiding fraud by creating a secure payment process requires a holistic approach. Companies need to raise the visibility they have, create harmonized processes, control user rights, and make use of the latest technologies.
Manage access to all group bank accounts centrally and easily. With flexible user rights management, you can find the right balance of access rights for each role.
Advanced features such as multi-factor authentication, highly configurable separation of duties, blacklisting, duplicate controls, and blocking of suspicious and erroneous payment flows ensure you will have full control and compliance in your payment process.
The Payment Factory centralizes most of NCC's supplier payments into one process. NCC saves time and money, has more control over cash flows, and avoids manual work.