Logica Launches Corporate Payment Service

Logica, a leading IT and business services company, today announced the launch of a new, innovative corporate payment solution for the European market. Facilitating an easy transition for corporations to introduce e-invoices, this solution is SEPA-compliant.

 

Companies which look to rationalize and improve the efficiency of their operating models and processes for payments will find this new solution very useful. With the help of this new solution, tasks and responsibilities can be split between corporations and Logica. While Logica ensures that their payment solution is constantly on top of the rapidly changing market demands, the companies can concentrate on their core business tasks.

 

Logica will take responsibility of the implementation, maintenance, service development and customer support of the Corporate Payment System. Customers can harmonize the payment-related practices, centralize the internal payments and payment transactions of their organization, handle payments related fraud and create a controlled banking connection. Apart from creating fewer fixed cost for the corporate, this also results in cost reductions.

 

Logica builds the basic system and adapts it to the customer’s needs and the operating environment as part of its new payment system service. While Logica is responsible for maintenance, support and development, the customers of the company have the system at their disposal as a service. The customers pay for the respective use and performance.

 

As Logica looks to help the market transform their payments environments, this corporate payment solution supports the company’s aim. The service is based on Logica’s standard software products and its payments expertise.

 

Roel Wolfert, group director Payments at Logica, said: ‘We have solid expertise and long standing experience in providing payments products and services to the financial sector. The last few years we have noticed an increasing need for corporates to manage the complexity of payments transformation processes and the associated knowledge and investments required. I am pleased to extend our expertise and domain knowledge to the corporate market place. We will help corporates to transform their payments business and enable innovation in the post SEPA era.”