More NewsDeutsche Bank Launches Receivables Outsourcing Solution for Asia

Deutsche Bank Launches Receivables Outsourcing Solution for Asia

Deutsche Bank has launched a new receivables matching solution for the Asian region, db-recon. The new product allows integrated outsourcing for receivables and provides automated reconciliation of invoices with payments received by customers. db-recon will enable customers to outsource the administrative task of reconciliation to Deutsche Bank. This automated solution will result in a soft copy of the reconciled and non-reconciled payments to be provided to clients daily. This service will also expand on Deutsche Bank’s end-to-end approach towards cash management solutions, geared to meet corporate customers’ needs to streamline payment workflow and processes. ‘db-recon follows on the heels of the successful launch of our other integrated payment outsourcing solutions in Asia, offering seamless integration to our customers’ accounting systems through the hostto- host customer access platform, db-worldPAS. Deutsche Bank’s continued focus on our clients’ expectations has allowed us to develop products tailored to address the unique challenges of the Asia Pacific marketplace,’ said Jimmy Yap, Asia Pacific Head of Deutsche Bank’s Global Cash Management for Corporates.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha