Transaction Processing - Turnkey Group - IPS Insolvency

In today’s work environment staff and partners can often be based at different locations.

It means the need for an end-to-end fully electronic transaction and authorisation system is vital.

The IPS Transaction Processing System (TPS) provides a user definable workflow system covering all transaction types (receipts, payments, journal entries etc.) from creation to authorisation. Here are some of the reasons many IPS users choose this excellent add-on module.

Key benefits

Risk reduction

A fully electronic system ensures end-to-end auditing of all transactions. This coupled with electronic bank file generation vastly reduces the opportunity for human error.

Evidence

The TPS system allows documentary evidence to be added to a transaction, such as an invoice for payment, this allows users further down the workflow to have all they need to move the transaction on to the next stage.

Make easy payments

Seamlessly link to your electronic banking system for electronic payment files.

Cheque printing

TPS allows you to print cheques with a signature saving yet more time and effort.

No delays

Managers and/or partners can give authorisation remotely so transactions needn’t be delayed.