Take control BancPay. Intelligent Cloud Invoicing.
What is BancPay BancPay is an intelligent electronic Cloud service that automates the way invoices are handled. As BancPay operates in the Cloud, you don t need to buy and install any software. It s free to join, easy to register and it s even free for many businesses to use. BancPay helps both small and large organisations reduce administration costs and better manage their cash flow. And it helps the environment too. BancPay removes the hassle of dealing with all those different types of invoices you have to send and receive. BancPay handles; paper, PDF, scanned images, web forms and invoices from your accounting and e-invoicing systems. You can send your invoices without the additional cost of printing and posting by mail. BancPay is fast, simple and flexible. So flexible that you can quickly create your own business network of customers and suppliers and use the BancPay directory to gain further business advantage. BancPay from BancTec BancPay is accessible to businesses of all sizes and provides unique benefits for large corporations, small and medium sized enterprises, shared service providers and banks. And for all BancPay members there are many other benefits: BancPay understands your needs it helps you manage your business in the way you want to work. BancPay is international it s multi-lingual and multi-currency and caters for the differences in the way businesses work abroad. Every BancPay user can create their own business community of their customers and suppliers. A fully paperless invoicing system supporting multiple invoice types. www.mybancpay.com 3
Connect with your customers and suppliers, send, receive, approve and check the status of your invoices: Connect Send Receive Approve Status Quickly create your own business network Send your invoices electronically to your customers Receive invoices from your suppliers in any format, electronic and paper Easy to approve or refer your invoices Check what s happening to your invoices at any time BancPay for buyers and suppliers BancPay allows members to leverage strategic commercial benefits to provide real business advantage. As a buyer or supplier on the BancPay network you can: Send all your invoices electronically and receive them in any format. No more paper, no more dealing with invoicing enquiries just log on and see what is happening. Know when you are getting paid and manage your cash flow - no more late payment fees and take advantage of early payment discounts. No need to change existing accounting and e-invoicing systems. Connect to all your customers and suppliers create your own network to exchange your invoices securely. How BancPay benefits business networks BancPay helps all businesses in your trading network by enabling them to: Reduce administration costs. Improve cash flow. Improve trading partner relationships by creating more trust and collaboration. Take control through the availability of management information delivered by real time reports and dashboards that can be easily configured to your needs. Benefits of BancPay BancPay reduces the costs and time required to process your invoices by managing them electronically and allowing you to trade with your partners collaboratively. This means you can focus on growing your business rather than working on manual administrative tasks. Being able to track your invoices online via PC, mobile or tablet means you no longer need to chase your customers to find out what is happening. No more lost or misdirected invoices, BancPay helps you trade more cost effectively and, as it supports multiple languages and currencies, it supports your business across the globe. Send and receive your invoices electronically. Improves cash flow and reduces administration costs. Speeds up the invoice approval process. Show the status of your invoices and when payments are due. No need to change your existing accounting systems. By putting your invoices into the Cloud, you improve security and reduce your carbon footprint. www.mybancpay.com 5
BancPay for SMEs BancPay provides a range of Cloud-based invoicing services designed specifically for small businesses. The BancPay network allows you to quickly build your own trading community. This enables you to transact, collaborate and exchange invoices easily, as well as gain the many benefits of paperless billing. BancPay frees you to focus on growing your business and provides you with up-to-date information on how your business is running. BancPay for Large Organisations BancPay reduces your invoice administration costs and removes paper from your accounts payable process. As BancPay manages your invoices in the Cloud, lost and misdirected invoices become a thing of the past, and it helps you to better manage your cash flow. BancPay helps you to on-board your suppliers so your trading network can be quickly setup. But you can still trade with any business outside of the BancPay network if you need to. BancPay for Shared Services Managing multiple clients in a shared service can be expensive and inefficient. This normally requires handling large volumes of paper documentation as well as managing both customer and supplier invoicing enquiries. BancPay cuts through these problems by offering a paperless billing service that enables all your customers and their suppliers to see what is happening with their invoices at any time. BancPay also supports the multiorganisation model, allowing your own branded invoicing service for your shared service partners and their customers to use. BancPay for Banks With BancPay you gain greater visibility of your customers and improve your understanding of their liquidity and risk position. BancPay also offers you the opportunity to sell new invoicing services to your business customers and offer them a greater level of customer service. BancPay manages your invoicing requirements within an easy-touse portal where you can quickly access more advanced functionality to accommodate the way larger businesses need to trade. www.mybancpay.com 7
To learn more about BancPay visit our website at: www.mybancpay.com. Check out our introductory video and see why organisations like yours are joining the BancPay network. And remember that BancPay is free to join. So click through to register your details and start building your business network straight away. Start exchanging invoices with your partners to save money and gain greater control of your business. Imagine a paperless invoicing system. Imagine BancPay. BancTec, Jarman House, Mathisen Way, Poyle Road, Colnbrook, Berkshire, SL3 0HF T: 01753 778888 E: contact@mybancpay.com www.mybancpay.com BancPay is developed and supported by BancTec. We are an international IT company offering mission-critical hardware, software and outsourcing solutions to institutions in virtually every industry sector. And we ve been doing this successfully for over 40 years. These solutions meet a multitude of needs, but finance is where we began in fact 75% of the world s largest commercial banks rely on BancTec to streamline and manage their business transactions every day. Today we provide our clients with a range of innovative solutions for managing all types of customer transactions. These include; customer applications and on-boarding, payments and accounts payable, claims and complaint handling, as well as intelligent mailrooms among other things. We ve also embedded our own advanced capture, workflow and archive technologies across more than 20 outsourcing centres spread across the world, enabling us to offer flexible, highly automated and secure document services. And now, using our accounts payable expertise, our outsourcing know-how and our knowledge in managing complex document transactions, we have developed BancPay, our global intelligent Cloud invoicing service.