Accounting and finance departments automate payment identification, invoice reconciliation and ERP updates with CentralPay
Discover how CentralPay meets your challenges
The CentralPay account displays a real-time balance. It enables customer transfers collection, and instantly notifies the finance team, so they no longer have to consult it regularly.
Each customer profile in the ERP system is assigned a different virtual IBAN. Invoices issued in this way feature these dedicated IBANs, enabling CentralPay to identify and automatically reconcile incoming payments with the correct customer.
As soon as a payment is received, the CentralPay account updates the invoice payment status in the ERP system in real time via API or CSV files. This allows the finance team to focus their efforts on checking and validating pre-reconciliated transactions.
Some invoices need to be paid in installments to suit the company’s invoicing model or the customer’s cash flow.
With CentralPay invoice collection solution, finance teams can send a payment link by email, SMS or integrate it by QR Code on invoices.
This payment link enables you to set up installments by credit card or SEPA direct debit. It optimizes the customer payment process by digitalizing card data collection and SEPA mandate signature.
“The CentralPay solution has enabled us to collect and reconcile our invoices easily, while offering a smooth payment journey for our customers.
The CentralPay teams were very responsive and quick to adapt their platform to our needs”
Digital project manager – Digital strategy
Learn all about CentralPay invoice collection solution
The solution is made for all companies receiving customer payments by SEPA bank transfer and wish to automate these payments processing. This, in order to optimize their cash flow and related operational costs.
We also work with invoicing software, invoice dematerialization operators and accounting software that wish to offer integrated payment services to their users.
It is accessible to all entities registered in the European Economic Area, and accepts payments by SEPA credit transfers and SEPA direct debits in Euros, as well as credit card payments in various currencies.
Yes, the solution also meets a number of e-reporting challenges linked to electronic invoicing regulations:
We are able to exchange data with all the major ERP systems on the market, as well as with in-house designed ERP. The connection can be developed via API or via recurring delivery of CSV files on a SFTP server.