Payments
Financial Navigator enables efficient and secure payments and offers approval flows to increase payment controls while reducing fraud risk across the enterprise.
Centralize and Streamline Payments
Financial Navigator digitalizes payment processes, signature policies, and permission management while integrating corporate seal functionality for secure and controlled approvals.
Real-time compliance screening ensures adherence to payment policies, while centralized payment and signature management enhance transparency and efficiency. Synchronized, reliable data exchange with ERPs reduces processing time and minimizes errors.
Success story
The Challenge:
Scaling an AI-powered tax software while manually managing customer payments and financial processes creating inefficiencies and slowed operations.
The Solution:
Financial Navigator provided an embedded banking solution, automating virtual accounts, payment workflows, and finance operations—cutting costs and enabling growth.
Outcome
320% ROI from full automation
Integrated virtual accounts into core business operations
Eliminated manual finance tasks → enhanced efficiency & accuracy
Fully automated payment processes
Enabled seamless growth with an embedded finance API
Payment Features
Payment Factory
Financial Navigator’s payment factory streamlines payment processes, centralizes multiple payment channels in one platform, decreases operating cost, and reduces internal and external fraud risk.
Payment Reconciliation
Financial Navigator simplifies payment reconciliation by automatically matching incoming and outgoing transactions with bank statements and ERP records. This reduces manual effort, minimizes discrepancies, and ensures accurate financial reporting.
Corporate Seal
With Financial Navigator’s Corporate Seal functionality, companies can establish a secure, compliant, and fully auditable payment authorization process, reducing risk while increasing operational efficiency.
Screening and Compliance
Financial Navigator offers real-time screening of your payments against sanction list databases, including verification of Bank Account Ownership. External providers are directly connected via API to enables real-time checks and decisions.
Fraud Detection
Financial Navigator runs fraud detection, supported by rules-based automation. Non-compliant and suspicious payments are put on hold to ensure verified payments are executed on time and issues are managed immediately.
Automated Payments
Automated payments are at the heart of Financial Navigator’s integration with ERPs and banks, ensuring a seamless, end-to-end financial workflow. By automating payment processing, approval workflows, and data synchronization, companies eliminate manual intervention, reduce errors, and accelerate transaction execution.