Features

Highlights

ENPAY is designed to simplify and automate payment processes from start to finish.

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Manage all incoming & outgoing payments

  • Trigger & monitor credit transfers
  • All-encompassing visualisation of transactions – per account & grouping of accounts
  • End-of-day & intra-day account balances from the banks’ systems
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Unrestricted bank connectivity

  • Multiple accounts – payment accounts, multiple currencies …
  • Multiple banks – global reach through the SWIFT network with Finologee’s BIC
  • Close monitoring and optimisation of connected banks
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Connect to the international PEPPOL network

  • Send and receive electronic documents to and from the government or any other companies that are connected to the Peppol Network

  • Archive documents for non-repudiation

  • Submit proprietary files that contain invoice or credit note information and convert them to the official Peppol BIS 3.0 format

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First-class user experience & automation

  • Modern, fast, secure & easy-to-use web interfaces (no/low training requirements)
  • Activity dashboard for quick overviews by role: pending & recent transactions, errors …
  • Desktop, mobile & API access
  • Flexible payment authorisation workflows with e-signatures & email/SMS notifications
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Optimised for Luxembourg-based entities

  • Hosted and operated in SaaS setup in Luxembourg – no on-premise installation required, but API integration possible
  • Straightforward compliance with EU & Luxembourg outsourcing regulations through “Support PFS” licence
  • ISO 27001:2013 certified
What's new: Finologee Peppol Service

Following the law of 16 May 2019 related to e-invoicing, economic operators are now obliged to create and send their invoices to public administrations in electronic form. With the Finologee Access Point on the Peppol network, these e-invoicing processes can be carried out effortlessly.

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Connect

to Peppol network

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Exchange

electronic documents

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Archive

signed documents

All Features

Outgoing payments

Credit transfer management: individual & batches

Connect & manage virtually any bank account at any bank (via SWIFT)

Multi-currency compatibility

Fast & secure data input interfaces with transparent status display

Incoming payments [NEW]

All-encompassing visualisation of transactions – per account & grouping of accounts

Export features (PDF, XLS, CSV, MT940, custom)

History & diagrams

Optional automated account statement printing service (transfer by regular postal mail)

Account aggregation [NEW]

End-of-day & intra-day account balances from banks

Aggregated data views & calculations

Cash management & visualisation with charts

Custom reports & balance evolution

Standing orders

Create recurring payments

Weekly, monthly, quarterly time intervals

Automatic reminder feature upon expiry

Batch file uploads

Payments & counterparties creation/import with batch file

XLSX file templates & documentation with tooltips

Validation process with error display

Optional custom format & data mapping

Bank connectivity

Multiple accounts – payment accounts, multiple currencies …

Multiple banks – global reach through SWIFT connectivity, own BIC …

Advanced bank management: banks’ custom formats, properties & cut-off times managed & reported

Counterparty management

Single creation & batch import

Edit with validation workflows

Advanced data model (name screening, risk management)

In & out payments consolidation per counterparty

Peppol Access Point Module
[New]

Peppol certified Access Point – eDelivery and Post-Award services, including dynamic participant discovery and AS4 profile compliance

Service Metadata Publisher – As a certified Peppol Service Metadata publisher (SMP), providing for clients’ capabilities and compatibilities publication, new participants’ onboarding and publication of onboarded participants to the Service Metadata Locator

Connectors – Simple REST API, Complete REST API and file upload via HTTPS and SFTP

Archiving all signed Peppol documents and their signed receipts for the legal period of 10 years. These documents can easily be retrieved though an API or through the web interface.

User experience

Modern, fast, secure & easy-to-use web interfaces (no/low training requirements)

Activity dashboard for quick overviews based on role: pending & recent transactions, errors …

Desktop & mobile optimisation of screens

Data visualisation & charts

Workflow management

Payment authorisation workflow with valid electronic signatures

Single or multiple step & signatures conditions & validation, with authorization groups

Status reports, process overview & reminder functions

Email & SMS notifications

Multi-level user access & rights management

Advanced rights management (account, amounts, groups, payment type …)

Feature-specific access rights

Transaction & counterparty access

Multi-factor authentication (MFA) & signature

FinologeeAuthenicator mobile App, Luxtrust or clients’ own authentication mechanism (OAuth2, SAMLv2)

Valid e-signature for payment/counterparty validation with smartphone

API end points

Create transactions, manage counterparties, retrieve reports

Integrate with any ERP, TMS, process or end-point in clients’ environments

Own connection to the SWIFT network

Use of Finologee’s own BIC to access any SWIFT-connected bank & account

Light-touch & standardised process (Power-of-Attorney) with banks to set up/connect clients’ accounts

SWIFT security standards applied

Audit & transparency

Full audit trail per transaction, counterparty, global

Variable reports & statements in multiple formats (PDF, XLSX, MT940, custom)

Detailed payment status monitoring: signature steps, bank steps, confirmation or error reports

Hosted SaaS setup

Hosting in Luxembourg in redundant Tier IV data centres (EBRC)

Multiple SLA configurations

24/7 operations by Finologee’s DevSecOps team

State-of-the-art monitoring & BCP/DRP procedures

IT Security

ISO 27001:2013 IT security architecture & processes certified by Bureau Veritas

Swift CSP compliant

Individual electronic signatures issued by external certificate authorities used for end-to-end non-repudiation of payments

Penetration tests performed by external security professionals

Compliance

Finologee operates as a Luxembourg ‘Support PFS’ (regulated IT provider) license issued by the Ministry of Finance

Enables compliance with outsourcing regulatory requirements of finance professionals (EBA guidelines on outsourcing arrangements & national circulars)

Fully audited (internal & external audit carried out by two ‘Big 4’ firms)

Support & training

Local customer care team with professional web portal, status management & phone support

Dedicated project & account managers, reports & assistance

Custom team & individual training

Risk Management

Easy and transparent monitoring of transactions with full audit trail

Advanced counterparty validation processes

IBAN blacklist/blocking

Optional integration with external tools for pattern/risk detection

KYC/KYT [NEW]

Counterparty name screening & monitoring using blacklist/sanction list providers

Counterparty risk level definition with optional signature/validation rule dependency

Optional integration with external KYC system for lifecycle (e.g. Finologee’s KYC Manager)

Compliance officer/team integration into workflow (e.g. high-risk counterparties)

Do you want to know what we could build together or get a product demo?

Get in touch and we will evaluate how we may help you.