PostFinance has introduced a new cash management platform for its corporate customers based on the open banking principle. The aim is to provide a central overview of the cash flow of PostFinance accounts and accounts of third-party banks. This platform will be state of the art and will significantly improve the user experience.

For the integration of PostFinance‘s new innovative multibanking solution, adesso provided a complete delivery team consisting of software architect, test coordinator and three software developers.

The additional component added by adesso ensures that the data of subsystems which manage master data or process payments automatically and promptly synchronize with the CMT whenever changes are made.

Thanks to adesso‘s support, PostFinance is using the new software and can provide its customers with numerous functionalities for efficient cash management. This includes retrieving account information, payment transactions, reporting, liquidity management, cash pooling, dashboard, account management and many other practical functions to meet the requirements of their corporate customers.

In addition:

• Satisfied customer: Corporate customers of PostFinance now have an overview of their various bank accounts thanks to digital interfaces and can manage the banking relationships of various institutions with a single login, enormously simplifying the processing of financial transactions.
• Functionalities: With the introduction of the new cash management platform, PostFinance relies on modern technology with a comprehensive range of functions.
• Automations: The implemented synchronization of data and payments via CMT ensures that data exchange is fully automated at the highest level, thereby reducing susceptibility to errors to a minimum.