Benefits

The use of the BICTA platform for payment flow reconciliation, operating automatically and autonomously, allows CFOs and Financial/Administrative Directors and Treasurers to:

• Create knowledge based on correct and up-to-date data aimed at decision making
• Free up time and resources to dedicate to defining financial strategies
• Reduce accounting errors and their impacts on treasury management
• Speed up the checks and verification of payments, accelerating actions to recover debts
• Manage all app-based service payments

In the field of payment management, there is a growing disintermediation of the banking entity. Numerous organisations are proposing, beyond their core business, the possibility of paying through proprietary or third-party apps.

This phenomenon, destined to grow over time, is a critical aspect since it implies a continuous alignment with payment apps that must be integrated with accounting and treasury management systems to allow the transfer of payment flows.

BICTA is a fast, practical and efficient solution to this situation because it acts as a real synchroniser of all payment systems, simply returning the cash flow to those who have a credit from these new service payments.