ANNOUNCEMENT: Invapay enters strategic partnership with SunGard Public Sector (SunGardPS)

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Addition to payment and trading platform

Invapay has developed a significant addition to its Payment and Trading platform – Invapay’s“CardReconcile” is a dynamic solution enabling efficient reconciliation of all Cards based purchasing transactions, irrespective of Scheme, Issuer or Data Formats.

“CardReconcile” has the ability to import Level 1, Level 2 and Level 3 files from your Issuing bank without restrictions, allowing Line Item and Split Line Coding for efficient cost distribution purposes, ensuring that the correct Tax/Vat will be attributed to each commodity/line adds significant value to the Finance Department.

Invapay’s “CardReconcile” is a dynamic solution allowing the user to import data from any Scheme, Issuing Bank for Corporate Credit Cards, Debit Cards and PCards, as either single files, or in a consolidated mode to allow total visibility of spend all in one place through a single user interface.

“CardReconcile” is a secure SAAS pay as you use solution which optimises the reconciliation process to deliver a cost effective benefits to Finance, Procurement and Business Units.

Invapay’s “CardReconcile” platform is integrated into SunGardPS OneSolutionFinance solution which is currently used by over 700 Public Sector Organisations in the US.

The entire suite of Invapay’s services will be available to SunGardPS Customers – Dynamic Payments, Procurement, Analytics and Reconciliation.

Please join us at the SunGard User Group SUGA event in Florida on the 25th and 26th June where John will be running 2 workshops providing full insight to our leading edge reconciliation solution.

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