Reserve bank of India mandates all importers and exporters in India to match off and regularise their payments and collections with custom generated documents within stipulated timelines. IDPMS and EDPMS are comprehensive data processing and monitoring platforms for import and exports to facilitate banks to report various returns. Kyzer IEDPMS offers a customer interface to these platforms.
One stop solution for all bank reconciliation needs
Track and monitor regulatory reportings and pendencies pertaining to all export and import transactions
Ensure that any reporting gaps are addressed in timely manner
Manage every transaction in a single screen, which shows the entire history of messages exchanged
Manage every transaction in a single screen, which shows the entire history of bills and remittances
Clear visibility into transaction status and regulatory requirements
Enhanced adherence to RBI regulations, reducing the risk of penalties and delays.
Compliance complexities, manual paperwork, regulatory hurdles, and potential delays in transactions.
Snapshot view of the customer accounts, commission charges, forex rates.. Complete View of Trade Finance business across all channels. Improved Audit & Compliance. Automated Workflow designed exclusively for Trade Finance.
Workflows for trade origination, Document Examination/Compliance, Product Lifecycle & Straight Thru Transaction Processing. Complete Configuration of Bank’s Approval Matrix & Deviation Hierarchy. Chain based approval as per Bank’s SOP AML, Sanctions & Blacklist Country Checks via Integrations.
Bulky paperwork especially where the volume of business is high
Requirement of physical submission of documents at AD banks for regularisation
Lack of real-time dashboards for all pending compliance
Limitations and delay in issuance of e-BRC, eFIRC certifications
Non-submission / timely regularisation of export bills leading to regulatory action
Historical data pendencies impacitng customer businesses
Reduction of resources needed for compliance checks.
Lack of alerts and notifications from banks
Automated Compliance, Reconciliation, and Reporting
One Stop Solution that enables banks to efficiently automate and unify their export and import data with RBI’s regulatory compliance requirements.
Corporate Portal to process export & import data and reporting
Integration will offer exporters/importers the convenience to regularise their shipping bills or bill of entry digitally.
Dashboard providing real time out of box reports
Comprehensive tracking and monitoring of export import data, reporting and pendencies on click of a button.
Reduced operational un-productive TAT by 80% in IEDPMS processing
Solution automates repetitive manual bank reconciliations and assist in improving staff efficiencies.
Caution Listed Customer identification
Caution listed customer gets identified before processing the request leading to additional checks and validations.
Multiple invoice settlements with single remittance & vice versa
Auto settlement of shipping bills with multiple currencies as payment currency amount along-with freight & insurance.
Electronic foreign inward remittance certificate (e-FIRC) management
Automated e-FIRC issuance against inward remittances received by customer.
Trade transactions, transfers and certifications are processed, analyzed and reported.
Complete MIS support. with periodic statements. Keeping a track for timely closures of bills through ageing data.
Enabling Digital Transformation in Trade Finance, Customer Communication, Compliance, Audit and Regulatory Reporting
We deliver technology-driven solutions that drive digital transformation for banks, their customers and help them get ahead of today’s challenges to capitalize on what’s next.
Providing the critical tech infrastructure that powers Trade Finance, Corporate Portal, Foreign Exchange, Regulatory Reporting, Compliance, Audit and Corporate Communications to enable better financial lives.
Decades of global experience across Banking and Technology enables us to visualise the transformation journey that increases efficiency and reduces risk.
Designing Experience centric, customer focused, digital first journeys with the latest technology implementations.
Clear focus on BFSI Automation, Compliance, Regulatory Reporting. Customer Centric Approach. Comprehensive solutions used by thousands of bank users & corporates.
Product Presentation
