No Need To Change Existing Systems,
Service Providers, Or Institutions
Payments Orchestration Solution
Global Payment Transaction Insights In Real-Time
Payments Orchestration
Solution Overview
The payments landscape has changed based on developments such as real-time payments, ISO 20022 adoption, Open Banking, alternative payment methods, and the move to the cloud.
To keep up with these changes and to deliver a compelling digital experience to customers, financial institutions need to move away from costly and complex legacy systems to consolidate payment services in a centralized and standardized payment hub. This approach drives innovation while reducing operational costs and providing a streamlined digital customer experience.
INSTANT® offers payment solutions designed to address key concerns of global corporations and their financial institutions, such as quick returns, operational costs/risks, and keeping up with market developments. Our innovative solutions also enable financial institutions to deliver personalized user experiences and create new business opportunities for their customers.
Payments Orchestration
Average Annual Cost Savings
INSTANT® customers may typically experience increased operational efficiencies across all aspects of their current financial infrastructure, utilizing a unique combination of Payment Orchestration Solution Features, which eliminate operational redundancies and increase operational performance. All without changing a single existing system, service provider, and/or institutional partner.
Reduce payment processing costs by up to 20%
Cut transactional costs by up to 25%
Reduce compliance-related costs by up to 40%
Lower the cost of payment processing by potentially 15%
Payments Orchestration
Increased Efficiencies
Enhance decision-making speed and accuracy by approximately 25%
Improve payment processing efficiency by as much as 50% or more
Increase IT efficiency by approximately 20%
Lower the risk of payment fraud and security breaches by up to 60%
Key Features Overview
Generating High Cost Savings & ROI
Enterprise Financial Hub
Feature
The Enterprise Financial Hub within the Payments Orchestration Solution offers comprehensive capabilities for modernizing and streamlining financial operations. Businesses can achieve significant savings and efficiency improvements by leveraging unified payment processing, automated reconciliation, real-time reporting, global compliance management, fraud prevention, flexible integration, and scalable infrastructure. The quantified benefits highlight the potential for substantial cost reductions, enhanced operational efficiency, and improved financial management, making it a vital tool for businesses aiming to optimize their financial operations and support growth.
Reduces payment processing costs by up to 20%
Reduces compliance-related costs by up to 40%
Enhances decision-making speed and accuracy by approximately 25%
Increases IT efficiency by approximately 20%
SWIFT Payments
Feature
The SWIFT Payments capabilities within the Inst.com Enterprise Financial Hub provide a robust infrastructure for managing global transactions efficiently and securely. By leveraging the features outlined above, businesses can expect substantial benefits, quantified by significant cost reductions and operational efficiency improvements. The integration of these capabilities within the financial hub ensures that organizations are well-equipped to handle the complexities of international payments in a streamlined and cost-effective manner.
Reduces the costs associated with global payments by up to 20%
Results in a 30% estimated reduction in unexpected fees related to international payments
Improves payment processing efficiency by as much as 50% or more
Achieves around 15% estimated improvement in FX rate management on international payment
Real-Time Payments
Feature
Enterprise Financial Hub’s Real-Time Payments capabilities significantly improve transactional efficiency and financial management. By leveraging instant funds transfer, continuous availability, immediate confirmations, reduced costs, data richness, security, system integration, and compliance support, businesses can achieve considerable operational benefits and cost savings. These improvements are quantified in the substantial percentages provided, underscoring the impact and value added by incorporating real-time payment solutions into enterprise financial operations.
Enhances liquidity management by up to 50%
Cuts transactional costs by up to 25%
Improves operational efficiency by as much as 40%
Enhances IT and financial system efficiency by a potential 20% or more
SWIFT GPI
Feature
The integration of SWIFT GPI into its Enterprise Financial Hub will bring substantial improvements to the way businesses handle cross-border payments. These features provide quantifiable benefits, including increased transparency, cost savings, and operational efficiencies, all of which contribute to smoother international trade and financial management. Using SWIFT GPI ensures that businesses can confidently navigate the complexities of global payments, supported by an infrastructure that emphasizes speed, transparency, and security.
Reduces unexpected costs by up to 25% by providing clarity on fees
Manual reconciliation efforts are decreased by up to 35%
Improves liquidity and working capital management by approximately 40%
Reduces financial risk and potential losses by up to 50%
Platform Certifications
Feature
The platform certifications of the INSTANT (Inst.com) Enterprise Financial Hub are critical for security and compliance and for providing significant cost savings and efficiency benefits. By meeting high standards for data protection, privacy, and operational controls, the platform can avoid costly breaches and regulatory fines and gain customer trust. The quantified benefits listed above underscore certifications’ value in mitigating risks and enhancing operational performance.
Reduces the risk of financial loss due to card data breaches by up to 60%
Reduces the potential for GDPR non-compliance fines by up to 50%
Enhances data security management efficiency by approximately 40%
Decreases the risk of regulatory fines and sanctions by up to 70%
Payments Orchestration
Centralized Payment Management
Learn How The Payments Orchestration Solution
Can Increase Your Organization’s Payment Related Efficiencies.
Global Payment Processing
Processing payments across globally dispersed locations often require distinct systems/solutions for various payment activities, such as accounts payable (A/P), accounts receivable (A/R), treasury, expense management, and payroll.
Streamline Payment Operations
INSTANT’s centralized payment management streamlines payment operations across the organization, improving the quality of payment data from third-party sources.
The INSTANT platform can receive payment requests from any and all sources. Instant then converts this data into a centralized payment operation while simultaneously updating cash flow information in all relevant Instant Financial Intelligence Management accounting systems.
Real-Time Payments
Payment messages are processed using the most efficient option – such as real-time payments, queuing, or bulk processing. Once ready, INSTANT’s output manager transforms each message into the target format and delivers it to an internal payment hub, which directly connects to the SWIFT network as well as all banks and third-party processors.
Advanced Payment Management
INSTANT’s advanced payment management capabilities provide real-time updates on payment transaction status throughout the process via a built-in dashboard, enhancing transparency and efficiency. Implementing an Instant Financial Intelligence solution for advanced payment management enables companies to consolidate scattered payment operations into an efficient and streamlined payment facilitation process.
