Isabel & SEPA
How can we help you in your migration
22/03/2010
Dominique Adriansens
Product Line Manager eBanking - Isabel NV/SA
dadriansens@isabel.eu
1
Isabel 6: The SEPA service
• Isabel Business Suite 5
– Isabel Business Suite 5.0 is not updated for SEPA
– However, it fully supports CODA 2 versions which are SEPA compliant
• Isabel 6 (web-based) is the only full SEPA compliant version
– Enables all SEPA features the market needs
– Progressive offering of features
• Isabel 6 is available on demand.
– Over 4.000 users today.
• Massive promotion mid 2010.
– Everyone invited to do the switch.
Migration process to start with SEPA
• First step:
– Support account information with BIC & IBAN (Accounts Receivable)
– Structured account info in CODA
• Second step:
– For Credit transfers:
• Be ready to receive SEPA paper forms form suppliers and government
• Communicate IBAN & BIC to your business partners
• Send only SEPA paper forms to your customers
– For Direct Debits
• Adapt your flows according to the business model you want to set-up
– Switch to Isabel 6 (even partially)
• Discover and prepare for the new formats
• Third step: Test & Start using
– Credit Transfers: switch to the new format (Accounts Payable)
– Direct Debits: switch to the new format
3
Isabel Full SEPA service offering
XML statements
Enable XML CT
(SEPA & non-SEPA)
SEPA input
module for
CT
SEPA
eInvoice/
ZoomIT
R-Messages
SDD
SEPA Services
eMandates
Mandate
Management in
SDD
BBAN- IBAN
Convertor
Conversion to other
format for banks
not supporting XML
SEPA input module
for Direct Debits
XML Direct Debit
(SEPA)
Confidential
4
SEPA Credit Transfers & Sepa Direct Debit
• Full support in Isabel 6 of
– SEPA Credit Transfers (XML CT)
– SEPA Direct Debits (XML DD)
• Three solutions to get your SEPA files to the bank
– Manual interaction with the webbased version
– Use an ERP with Isabel Go embedded
• 14 ERP vendors are ready with this
– Large volume solution with Isabel Corporate Synchroniser
• In final pilot phase with major customers
• Some figures
– 20 % of number of files on Isabel 6 are XML Credit Transfers
– 50 % of number of transactions are SEPA
– Volumes are high (some customers do already more than 100.000
XML CT payments a month via Isabel 6)
5
Questions ?