fbpx
 
×
Unity Infotech
ICCSpro

What is HostDirect?

Corporate financial departments manage everything from optimizing cash, maintaining liquidity to controlling and fostering banking associations. This involves communication with banks and financial institutions in several languages and protocols. To ensure secure and reliable Corporate payment solutions , banks and corporates need a virtual, reliable bridge that can optimize process & enhance seamless corporate payment experience.

With right technology and framework, which can seamlessly act as a secure and reliable bridge between corporate and banks for the payment needs and beyond, Unity comes with HostDirect. Unity’s HostDirect is a highly secure and reliable interface for managing transactions and real-time status updates between corporates and their banks. As host to host payment solution, it automates and enables Corporate Digital payments for banks to handle multi-dimensional transactions.

Host direct is a highly secure, reliable and automated corporate payment system for managing transactions and status reporting between corporate and their banks. This Corporate payment solution enables the corporate to upload their payment instructions and other transactions manually or automatically from their ERP System. As a automated corporate payment system, It allows them to keep up to date with their cash flow and fate of any transactions near real-time without having to log in to the bank’s corporate Internet banking. This also reduces the risk of payment fraud through advance security mechanism like payload signing and end to end asymmetric encryption. Timely account reconciliation is possible from the ERP system itself without having to wait for manually reconciling with banks paper statements

Why HostDirect is the best corporate payment solution for your business?

  • Seamless End to End Automation for corporate payments
  • Handling of Huge Volumes
  • Reduces human intervention
  • Increases operational convenience and transparency for Banks – Transaction banking automation
  • Built in Resilience mechanisms for system failure and exception handling to ensure business continuity at a single control and hence reducing maintenance costs.
  • Built in security to ensure that each transaction from and to the corporates is fully secured end to end through digital signing of payloads and asymmetric end to end encryption. It can run on secure public network or VPN

Streamline Bank’s Corporate Payments with HostDirect

Enhance Seamless Corporate Payment Experience with HostDirect

Current market trends dictate that all corporate engagements occur digitally. Clients are focusing on fewer manual interventions in their operations. Especially in the payments sector — banks & financial institutions need to adopt an automated corporate payment systems to engage with their corporate clients. Corporate financial departments manage everything from optimizing cash, maintaining liquidity to controlling and fostering banking associations. This involves communication with banks and financial institutions in several languages and protocols. To ensure secure and reliable corporate payment solutions, banks and corporates need a virtual, reliable bridge that can optimize process & enhance seamless corporate digital payment experience

Unity’s HostDirect is a highly secure and reliable corporate payment system for managing transactions and real-time status updates between corporates and their banks. As Host to Host payment solution provider, this corporate payment solution automates and enables corporate digital payments for banks to handle multi-dimensional transactions. With right technology and framework, which can seamlessly act as a secure and reliable bridge between corporate and Bank Corporate Payment Systems, Unity comes with HostDirect. Host direct is a corporate banking solution which is highly secure and reliable corporate payment system for managing transactions and status reporting between corporate and their banks

As an automated corporate payment system, HostDirect enables the corporate to upload their payment instructions and other transactions manually or automatically from their ERP System. The corporate payment solution allows them to keep up to date with their Cash flow and Fate of any transaction near online without having to log in to the bank’s corporate Internet banking for most of its critical needs. This seamless transaction banking automation also reduces the risk of payment fraud through advance security mechanism like payload signing and asymmetric encryption end to end. Timely account reconciliation is possible from the ERP system itself without having to wait for manually reconciling with banks paper statements.

Advantages of HostDirect Corporate payment solution includes Seamless End to End Automation for corporate payments, Handling of Huge Volumes, Reduces human intervention by Transaction banking automation, Increases operational convenience and transparency for Bank Corporate Payment Systems. This corporate payment system has built in Resilience mechanisms for system failure and exception handling to ensure business continuity at a single control and hence reducing maintenance costs. It also comes with built-in security to ensure that each corporate digital payment is fully secured end to end through digital signing of payloads and asymmetric end to end encryption. This corporate banking solution can run on secure public network or VP

As a corporate payment solution, HostDirect comes with Inbuilt Standard APIs (ISO20022 or MT formats and standard file formats wherever applicable). These APIs can be consumed securely by both ends for easy integration with corporates ERP and Bank corporate Payment System. This means the Data exchange between bank and corporate can be standardized. However the flexible corporate payment system allows you to customize the data/file formats if need be for particular corporate. This exception can be done case to case also.

Read More