Integrated
Receivables Solutions
fast forward your receivables
Cash management. Redefined
The Asset
Euromoney
bb
bb
bb
bb
bb
Euromoney Cash Management Poll:
Best Cash Management Bank in Asia, 2009
Best Transaction Bank in Asia, 2008
Best Transaction Bank in Hong Kong, 2008, 2009
Best Transaction Bank in Malaysia, 2009
Best Cash Management - Country Awards, Hong
Kong, 2008, 2009
bb Best Cash Management Bank in Southeast Asia,
2008, 2009
bb Best Bank for Payments and Receivables, 2008
Global Finance
bb Best Overall Bank for Cash Management in Asia,
2003-2010
bb Best Overall Bank for Cash Management - Middle
East, 2010
bb Best Bank for Payments & Collections - Middle
East, 2010
bb Best CLS-Linked Bank Offering - Middle East, 2010
bb Best Corporate/Institutional Internet Banking Brunei,
Hong Kong, Indonesia, Singapore and Sri Lanka, 2009
bb Best Online Cash Management Bank for Corporate
and Institutional Internet Banking in Asia Pacific, 2009
bb Best Bank for Payments and Collections in Asia,
2008, 2009
bb Best CLS-Linked Bank Offering in Asia, 2008, 2009
bb Best Consumer Internet Bank (2008)
bb Best Corporate/Institutional Internet Bank, Asia
Pacific (2008)
bb 1# Cash Management Provider in Asia (ex Japan), 2009
bb 1# Cash Management Provider in Japan, 2009
bb 1# Domestic Cash Manager in Australia, Bangladesh,
Brunei, Hong Kong, Indonesia, Japan, Macau, Malaysia,
Mauritius, Singapore, Sri Lanka and Taiwan, 2009
bb Best Domestic Cash Management Bank in India,
Indonesia, Malaysia, Brunei, Taiwan and Sri Lanka, 2008
bb Overall Customer Satisfaction Rated no. 1 in Asia, 2008
Euromoney Awards for Excellence:
bb Best Global Bank, 2009
bb Best Global Transaction Banking House, 2009
bb Best Cash Management House in Asia, 2008
Africa
Asia-Pacific
Europe
North America
South America
Neil Anderson
Product Manager Payments and Receivables
+27 11 676 4598
neil.anderson@za.hsbc.com
09GPA0317
www.hsbc.co.za | www.hsbcnet.com
Certain product and service offerings are subject to local availability and/or regulations. Terms and conditions apply, relevant products are available on request and service charges are applicable.
Issued by HSBC Bank plc, incorporated in United Kingdom, registration number 14259.
Johannesburg Branch registration number 2003/004613/10.
An authorised Financial Services Provider.
Place of Business: 2 Exchange Square, 85 Maude Street, Sandown, Sandton, 2196, South Africa.
Integrated Receivables Solutions.
Fast forward your receivables
At PCM, we understand how important accounts receivable management is to our clients’ business cycle. The faster they
convert receivables into cash, the more control they have over their cash flow and working capital management.
Receivables Management in South Africa is a highly dynamic process, encompassing a broad spectrum of collection
instruments. But no matter where your operations are located, we can accelerate your collections cycle, simplify your
reconciliation workflow and enhance your overall working capital efficiency.
Leveraging our investment in people, innovation, advanced technology, regional presence and local knowledge, HSBC delivers
sophisticated solutions that fast forward our clients’ receivables.
Integrated Receivables Solutions (IRS)
End-to-end management of
receivables from your customers
Secure, efficient and flexible
interface with your
corporate applications
B2B and C2B Collections
Our multi-channel collection services can help clients’ reduce collection float and accelerate funds
availability.
Electronic Collections
Our Integrated Receivables Solutions (IRS) helps clients’ meet their business improvement objectives with a comprehensive
array of electronic collections, including:
bb Domestic electronic funds transfer (high and low value)
bb International funds transfer
Receivables data accompanying these transactions is
captured and delivered to client’ electronically to support
order fulfilment, credit management and reconciliation
processes
National Network Collections
bb Provides national coverage
bb Consolidates receivables information captured by our
branch and alliance network
Alliance Services
bb Funds collected are centralised into one account
bb All transaction data is captured in our Receivables
Management System and presented in a standardised
manner
Systems Integration
Integration of IRS with the clients’ enterprise
resource planning (ERP), accounting or treasury
systems is delivered via our global Internet
banking platform, HSBCnet, or host-to-host by
HSBC Connect.
HSBCnet delivers
bb Access to consolidated and summary reports
bb Online transaction enquiry and image retrieval
bb Local language interface
HSBC Connect delivers
Receivables Management System
bb Host-to-host transmission of transaction files and
information to/from HSBC
bb Mapping technology that supports data variety of
formats.
Unleashed strategic value through enhanced
financial intelligence
Benefits
Built with advanced modular technology, our Receivables
Management System brings together all of the
IRS components to create the leading receivables
management solution on offer in South Africa.
Its automated reconciliation and information management
modules are fully integrated with the collections and
processing features of IRS. As the backbone of IRS, our
Receivables Management System (RMS)
bb Consolidates receivables information across all
collections
bb Delivers on-line real-time enquiry on transaction data
bb Provides over 70 types of consolidated reports
structured to meet your specific needs (e.g.
‘outstanding item’ reports)
bb Automates accounts receivable reconciliation using
your predefined matching parameters
bb Supports matching of over/under payments, including
early payment rebates, transaction charges and DR/
CR notes
RMS also delivers a ‘unique’ A/R Advice which may be
sent to your clients’ via SMS, facsimile or email. One such
example of an advice is in the form of an invoice payment
reminder to motivate settlement, so as to reduce your
Days Sales Outstanding (DSO).
bb Comprehensive multi-channel collection services
providing requisite settlement choices for buyers
bb Collection outsourcing services that significantly reduce
administration costs
bb Accelerated funds availability, leading to increased
liquidity and reduced borrowing costs
bb Real-time collections information via HSBCnet leading to
more accurate cash forecasts
bb Prompt identification of payors in challenging markets,
negating the need to hold numerous physical subaccounts for costly reconciliation
bb Market leading reconciliation solution allowing the early
release of buyers’ credit lines, resulting in increased
sales volumes — lower DSO
bb Automated reconciliation option freeing clients’
employees from intensive manual tasks
bb Enhanced credit control with instant reporting of
exceptions and generation of A/R Advices