PAYMENTS MANAGEMENT
Contractor Management Solution manages the complete processing of payments, based on allocations created in the system
CMS OFFERS FOLLOWING FEATURES:
- Partial Payment and Split Payment
- Provides multi-level authorization before releasing a payment line to final bank payment.
- Facilitates explicit payments.
- Advance payment (against Invoice and against Contractor)
- Conducts following type of payments - 3-Day Payments and Same Day Payments, CHAPS and BACS, International Payments and Cross Currency Payments (FOREX movements also)