The SYSPRO Electronic Funds Transfer (EFT) system improves multi-currency payment efficiency and provides an accurate, current picture of your cash flow. Furthermore, it reduces the risk of fraud and transactional costs associated with beneficiary payments​.
Key benefits of Electronic Funds Transfer
- Lower transactional costs of beneficiary payments
- Reduced fraud risk
- Reduced risk of late payment penalties
- Reduced resource requirements
- More accurate cash flow control
- Paperless payment audit trails​
