When a company manages payments manually, tasks like reconciling accounts, verifying transactions, or processing vendor payments can become time-consuming and error-prone. By using Visualizy, these workflows are automated, ensuring payments are accurate and timely. This not only saves hours of repetitive work each week but also reduces errors, enabling the finance team to focus on more strategic initiatives.

When a business operates across multiple countries or regions, ensuring funds are available in the right accounts at the right time is critical. Visualizy allows companies to instantly allocate liquidity where it’s needed most, avoiding delays in supplier payments or other obligations. For example, funds can be transferred between accounts in seconds to settle a high-priority invoice or cover unexpected expenses.

Companies that depend on timely payments often face challenges when they lack visibility into the status of those transactions. Visualizy provides real-time monitoring, allowing businesses to track payment progress from initiation to completion. This means if a payment encounters an issue, it can be identified and resolved immediately, preventing delays and maintaining strong relationships with suppliers or partners.

When businesses manage accounts across multiple banks, inconsistent transaction formats can complicate reporting and analysis. With Visualizy, payment data is normalised and centralised, making it easy to generate accurate reports or perform data analysis. This eliminates the need for manual data manipulation, improving both efficiency and decision-making accuracy.

Open banking APIs are useful but often come with limitations like unreliable performance or restricted access. Visualizy provides businesses with direct connections to their banks, bypassing these constraints. This ensures payments are processed efficiently and securely, even during high-demand periods, giving companies a scalable and dependable infrastructure for their financial operations.

For businesses relying on recurring payments, managing direct debits can be a complex process. Visualizy automates direct debit collections, simplifying the setup and management of mandates. This ensures predictable cash flow and reduces administrative burden, while customers enjoy a seamless payment experience without the risk of missed or delayed collections.