Polish IT specialist Comarch has unveiled a new Host-to-Host (H2H) banking solution in the UK that allows businesses to carry out banking operations directly from enterprise resource planning (ERP) software.
With the new H2H banking solution, businesses can easily process large amounts of account transactions, which will minimise their everyday manual data input.
The fully automated solution can handle tasks such as payments, balances, transaction orders and invoices, while allowing businesses to avoid transferring information manually between the on-line banking systems and their ERP systems.
The Comarch solution helps banks increase their revenue streams and customer experience. Banks such as ING Bank, Raiffeisen Bank, Unicredit and others have already deployed the Comarch H2H banking solution.
Comarch UK banking director Jonathan Withers said SMEs are now able to switch banks much more easily than before due to new legislation, and large corporations regularly review their banking requirements.
"Our H2H solution gives business banking customers three great reasons to remain with their bank: it allows them to automate their banking processes, takes the pain out of mass transactions such as payroll and invoicing, and delivers real savings.
"The bank will benefit from a new, yet proven revenue generating service offered in a flexible business model, which can be implemented on-site at the bank or in Comarch’s private cloud," Withers added.