ERP-adapter

Fully integrated within SAP, the BNP Paribas ISO XML ADAPTER extracts payment information from your account payable system and eliminates the need for specialised development resources. The solution generates instantaneously a template based on ISO 20022 standard into the SAP library. Simply link this new created template to your vendors’ payment method and the next payment run (F110) will take it into account.

Global EBICS

Global EBICS is an extension of EBICS across BNP Paribas’ entire network, enabling customers in Germany to leverage EBICS as a single, convenient and familiar protocol for their cash management activities, such as making payments and retrieving bank statements.

Traxis

Traxis is designed to reinforce the security of credit transfers sent by file transfer (SWIFTNet, E-Link, EBICS…).

Physical Cash Pooling

Physical cash concentration allows corporates to optimise their liquidity across geographies. The effect is that surplus liquidity is consolidated and required capital is internally financed to the maximum extent possible.

Payment factory

A Payment factory is an Accounts Payable (AP) structure that centralises activities and standardises processes that previously took place at a subsidiary level.

The concept of a Payment Factory comprises advisory, sales and implementation support on bank account structure, system integration, bank connectivity, reporting and smooth and secure execution of all corporates’ payments.

As a Payment Factory is a concept and not a product, a Payment Factory will differ from corporate to corporate.

Distinguishing factors are:

• Industry
• Corporate organisation
• Payment methods
• Geographical scope
• ERP and TMS systems used
• Preferred communication channel between Corporates and Banks

Virtual Card

The Virtual Card serves principally to book and pay secured online transactions (airplane ticket, hotel, car rental…). Business trips and other job-related expenditures can more easily be managed this way. The Virtual Card is complementary to the other existing commercial cards (Corporate, Procurement, Travel Account) for a company’s functional expenditures.

Two solutions exist:

• A web solution, through which users can manually generate Virtual Cards for their purchases.
• A solution integrated into the company’s IT system that automatically generates Virtual Cards.

RMB Corporate Handbook

China is now the second largest economy in the world and has seen its trade clout growing at an average rate of 22% per annum for the last 10 years.
The use of RMB has gone from virtually zero to more than 13% of the overall exchanges in the past two years. We expect China trade to double by 2020 and the usage of RMB to continue booming until it becomes one of the 3 major currencies used globally.

Below the questions answered in the Handbook:

• International trade in RMB. How does it work?
• How to: FDI in China?
• How to raise RMB funding onshore / offshore?
• How to repatriate cash from China?
• How can I hedge in RMB?
• How can I manage my RMB Cash?

Collect-4-You

Your company wishes to be present in its export country without having to manage a local structure, without having to manage accounts abroad while offering the use of local payment services to customers.

You also want to improve your debt recovery in Europe, to be perceived as a local player, to increase your commercial credibility and to decrease delay in your payment collection.

Processes abroad can be complex and expensive, and the language barrier can sometimes slow down the development of your export activities.

Virtual Account Numbers

Virtual Account Numbers is an easy-to-implement solution to boost your collection efficiency, with an immediate impact on your performance and organisation.