Centtrip introduces 'batch payment' feature

Source: Centtrip

Centtrip, an international payments, FX and treasury management specialist, has introduced a unique ‘Batch Payments’ feature that enables corporate clients to pay hundreds of recipients, in any currency, in one go with a single click.

Accountants can now make frequent and recurring payments, such as payroll or expenses, without having to re-enter information each time they need to set up a transfer. Whether you run a multi-national company or a small enterprise, this new development, which is not offered by high-street banks, will save you a huge amount of time and resource.

Corporate clients can set up a dedicated batch to pay multiple recipients in any currency via a bank transfer or make instant payments via the CenttripNow network. The intuitive feature allows accountants to match files from mainstream treasury management systems such as Xero, Sage, SAP and Oracle, with a Centtrip template, and vice versa.

Ronny Munster, Financial Director at Centtrip, said: “If your company is looking to save on bank fees and run swift and smart accounting systems, then this is a perfect solution for you. This new feature is all about efficiency.”

Viet Lee, Head of Engineering at Centtrip, added: “Automation is key to building successful and efficient operations. This new feature is a huge step forward in that direction. Batch Payments are totally unique and can be tailored to your company’s exact requirements. No banks offer anything like this to corporate clients.”

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