The relationship that exists between the corporate entity and its banker is unique in its complexity and value. From processing of supplier payments through to treasury transactions and large corporate financing propositions, banks play a critical part in the day to day operations and well being of their client's financial condition.

Technology has played an important role in the streamlining of communication between the parties and "straight through processing" is now a phrase that can be applied throughout the corporate to bank link as well as the more traditional inter or intra bank context. The full integration of the corporate's payment processing needs with back office ERP systems, proprietary electronic banking packages and even external payment infrastructures such as local ACH's are essential components in the corporate cash management regime and the essential fulfilment of its payment obligations. But integration carries a cost both in financial and human terms. The existence of multitude of ERP systems each containing different message formats, different data flows, communication standards and operating procedures coupled with a similar diversity in Electronic Banking systems presents an IT and Operational challenge which most would acknowledge as a burden.

Simplex's Payments Administration System (PAYS) is designed to relieve organisations of this burden. By combining functional capabilities such as message transformation with new and innovative business applications, PAYS brings flexibility and value to corporate to bank communications that has never previously been possible.