ENPAY is designed to simplify and automate payment processes from start to finish.
Full & detailed overview of transaction progress
Actions required and recent operations on the home screen
Quick data access
Customised and relevant information for each user according to their role
Helpful visualisations Charts for a visual overview of the respective statuses
User-friendly interface providing useful links to key views, making it easy to take quick actions
Fast user adoption
Users require little or no training to use the product
Optimised interfaces for signatories
Web interfaces are optimised for the most relevant desktop and mobile devices
How does it look on screen
The action centre provides a useful overview of all actions pending in relation to credit transfers, counterparties, and KYC screenings. Users get a fast-track access to the actions that are relevant to them.
The ENPAY dashboard provides a clear overview of own and other pending actions as well as rejected and not executed transactions. It includes shortcuts to access the main views and to perform quick actions.
Dashboard currency selected
The dashboard enables quick data access and visualisation of all your account balances on the platform aggregated by currencies. The information is customised for each user according to their role and the account they can access to.
My Account (1/2)
Overview of all your bank accounts
The navigation bar item My Accounts is the go-to place to get an overview of the balances of all bank accounts.
My Account (2/2)
Detailed view of a specific account
The detailed view per account gives you a quick overview of the account balance over time, access to all incoming and outgoing transactions and the retrieval of account statements.
Overview of all credit transfers
This page provides an overview of all transactions that have been entered into the system. Users can search for individual transactions by specific elements such as status, counterparty or amount.
Credit transfers selected
An advanced search feature is also available to quickly find past transactions in the system. Once you visualize the transactions on which you want to perform an action, you can select all of them at once and cancel, edit, reject, or authorise them instantly.
Credit transfer details
Thanks to the details page, you will have access to all the information regarding a credit transfer. Your payment processing is tracked and continuously updated on the audit trail.
The ENPAY platform allows clients to manage their standing orders with any bank. It provides an instant overview of the status and details of orders and allows them to be modified with just one click. On top of that, it encompasses dedicated standing order authorisation workflows.
Initiate a new payment
Setting up a new payment is a straightforward process: the user just has to upload a batch of payments or select the type of payment he would like to process and follow the instructions.
Create a new counterparty
Adding a new counterparty is a straightforward process: users just have to upload a batch of counterparties or select the type of counterparty they would like to create and follow the instructions. Counterparties are then added in the system and may be subject to an authorisation process by other users/groups.
Many relevant counterparty details will be found here such as the contact information, account information or documents. You can also mitigate risk and ensure AML/CFT compliance by easily assigning risk levels to counterparties and defining workflows per level.
Counterparty audit log
ENPAY enables real-time collaboration between accounting and compliance, giving the user a clear and efficient overview of updates or risk history, its tracing and related comments, and documents.
KYC control (1/5)
List of KYC screenings
To better assist ENPAY users in complying with AML/CFT obligations, the professional payments platform enables them to search for their counterparties on sanctions, PEPs, and adverse media databases.
KYC control (2/5)
Screen companies and persons on sanctions, PEPs, and adverse media databases. Then, easily classify the screening results as positive or false-positive.
KYC control (3/5)
Define monitoring rules for each counterparty risk level. Counterparties are automatically monitored based on their risk level and monitoring recurrence rules matching your AML/CFT policies.
KYC control (4/5)
Enable automatic KYC monitoring
Allow automatic ongoing monitoring of counterparties, conducting regular name screenings based on their risk level.
KYC control (5/5)
ENPAY also tracks the entire history of changes that have occurred during a counterparty's lifecycle, so users can go back in time and know at any point what the status of the screening results were when a payment was approved.
Authentication & e-signature (1/2)
Authorise a credit transfer using Luxtrust
ENPAY provides a valid e-signature for payment and counterparty validation. FinologeeAuthenticator mobile App, Luxtrust or clients’ own authentication mechanism (OAuth2, SAMLv2) are available
Authentication & e-signature (2/2)
Authorise a credit transfer using FinologeeAuthenticator
FinologeeAuthenticator can be used by the signatories to validate the transactions. All the transaction details will be sent to the mobile application where they can be reviewed and signed by the signatory.
Create a new report
The ENPAY report centre allows users, based on their role (e.g., accountants, auditors or compliance teams) to generate and export transactions reports.
Download account statements
ENPAY generates reports based on client requirements and allows you to download all your statements within the same format for all your accounts, no matter the bank.
Example report (PDF)
The product includes custom reports and account statements with filtering options (e.g., date range, accounts …) that can be downloaded as PDF, XLS, CVS or MT940 files.
Third party integration with Yooz
Yooz provides cloud-based Purchase-to-Pay (P2P) automation solution. It delivers unmatched savings, speed and security with affordable zero-risk subscriptions to more than 4,000 customers and 200,000 users worldwide. Its services integrate seamlessly with ENPAY.
The Peppol module deployment on Finologee’s ENPAY platform enables a tight integration with the platform’s core payment features: outgoing (and incoming) e-invoices sent over the Peppol network can be mapped with incoming (and outgoing) payments. Thus, monitoring and reconciliation of the payment processes can be fully automated, providing an up-to-date oversight on payments and statuses, also facilitating actions and escalation procedures.
Discover the Peppol e-Invoicing Module