XRT Business Exchange is a complete communication and integration solution
that allows you to optimize and automate the flow of cash-based information
between you, your banks, partners and/or subsidiaries. Business Exchange can be
utilized with any treasury software solution and/or ERP solution to even further
streamline cash flows and secure data exchange services.
XRT Business Exchange allows you to establish your own workflows and views
through functional or "role-driven" data dashboards. As a user, you have the
ability to customize your own views of system-wide information, create your own
reports and monitor each transaction in real time. XRT Business Exchange's
functionality also serves as a self-service model for allowing field offices to
access all banking data and statements, make payment requests, view and upload
reports and much more.
Learn more about how XRT Business Exchange can help you analyze and share
banking data in real time; break the boundaries of payment processing; implement
your electronic signature strategy; digitize your documentary credit workflow;
and optimize efficiency by eliminating paper-based processes.

Business Exchange is a robust
communication and integration solution specifically designed to optimize and
automate the flow of transactional information. XRT Business Exchange provides
secure data exchange services with banks and trading partners around the world.
Core to the flexibility of the solution is ability to integrate with any
treasury workstation and/or ERP system. XRT is a global leader in bank
communication and system integration. Our global presence provides an exhaustive
base of expertise with respect to the communication requirements and formats.
Key Features:
• Centralized application framework,
providing integration across diverse systems
• Powerful communication facility
that offers a host of options for connectivity with domestic and international
financial institutions • Library of standard banking formats for exchanging
transaction and status information
• Interfaces with the core ERP system
providers, and the tools to create or configure additional
connections/integration
Business Exchange was specifically
designed to fulfill the STP (Straight Through Processing) requirements of
international organizations within the global marketplace. With over 20
years of experience, XRT has incorporated a flexible and technologically
advanced series of communication and connectivity options, on top of a solid
framework. XRT has incorporated communication facilities, protocols and security
that provide our customers with the ability to connect to over 250 financial
institutions worldwide.
Key Features:
• Integration
o ERP, SCM, CRM,
HR, A/P, A/R
o Cash and
Treasury Management
o Banks and
Financial Institutions
o SWIFT (using
SWIFTNet)
o Legacy Systems
• Communication Channels
o Asynchronous
o TCP/IP
o ISDN (X.25)
• Protocols
o EDI1/3/5, TTY,
X-Y-ZModem, FTP, FTPS, HTTP, HTTPS, MQSeries, MSMQ, X.400, MAPI, SMTP
• Formats
o ANSI X12, BAI,
EDIFACT, SWIFT, NACHA, XML (Multiple Standards), Bank Specific
• Notification - E-mail, WAPI, Fax
• Operation
o Scheduled and
Manual Processing
o Service Based
Application / Distributed Application
o Business
Connectors and Format Translation
• Security
o Encryption
(ETEBAC5, AUTACK, PKI, PKCS, PGP, GPG)
- Signature
- Digital Certificate Management
- Central Server Management
New technologies are enabling
financial professionals to achieve significant efficiency gains on a global
scale. Now you can automate seamless data exchanges between your financial
systems and banking partners – whether that partner is in the same city or
around the world.
ERP Integration
Business
Exchange is a comprehensive solution for generating, sending,
receiving and managing financial information in real time within your ERP
environment (SAP, Oracle, or other). The system accepts payments originating
from your ERP application and transforms this information into the required
banking format. This data is then secured using the require encryption and
signature standard, and is transmitted to the financial institution. Business
Exchange retrieves your data from your financial institution and translates it
into an ERP standardized format. This information can then be integrated into
one or many ERP instances. All processing is performed automatically without
user interaction. A complete audit trail and a history of data exchanges are
performed and maintained within the solution. Control workflow and improve
visibility by building on your ERP system.
Signature Services
Signature Services provides a complete payment approval
workflow. Signature Services integrates with electronic signatures (Smart Cards,
USB Dongles, etc.) to provide a complete payment authorization component. Apply
your own signature rules using a single setup for both internal validation
processes and bank transactions. Ensure maximum security by tracking and
securing the approval process every step of the way. Sign files digitally at any
time, anywhere via the Internet.
Online Banking – Bank Services
Bank
Services is a high-performance solution aimed at providing bank
activity to an organization’s financial departments, through a web browser
interface. The solution offers you a global view of all banks and all accounts
within your organization. Access to current and historical balance and
transaction data can be secured by account, so that users only have access to
the information pertinent to their specific job function. Data can be viewed
through user defined filters and display templates. Information can also be
extracted to various data formats and tools for more detailed analysis outside
of the solution.
Online Banking – Payment Services
Payment
Services offers a complete solution to secure and optimize the
payment workflow within your organization. The solution can handle simple or
complex organization structures with respect to the management of payment types,
beneficiaries, and approval workflows. Payment Services provides a unified
approach for the entry and approval of all electronic payments within your
organization, independent of bank and/or payment type. Payment services provides
for user defined filters and display templates for accessing data, and
extracting data for use in detailed analysis outside of the solution. In
conjunction with Exchange Services, this solution provides complete straight
through processing capabilities.
Online Banking - Documentary Credit
Documentary Credit Import allows you to eliminate all the
paperwork associated with documentary credit workflow. By automating and
centralizing all procedures and exchanges with banks/suppliers, you can speed up
your D/C processes, tighten the security of your management cycle and increase
overall visibility.
Beyond the technical and functional aspects, Financial Value Chain Management (FVCM) entails an entirely new approach to financial management, with an emphasis on productivity and efficiency. Using our proven methodology, with more than 7,000 successful implementations worldwide, XRT experts provide assistance during every stage of your project, to ensure the success of your initiative.
XRT Consulting: Your financial value chain experts
Ranging from project managers to functional and technical consultants, our personnel assist you in analyzing your requirements, training your staff, conducting tests, and in the final deployment of your customized solution.
XRT Client Support: Experienced technicians
ready to assist you
Our Client Support technicians provide immediate and detailed user assistance, for either technical or functional issues, by telephone or e-mail.
XRT University: Training whenever and wherever
you need it
In our offices, on the Web or on-site, our University personnel train your teams without penalizing your daily activities.
XRT User Group: Sharing
knowledge and expertise
Yearly User Group Conference in the Antwerp office, Belgium (2nd Thursday of June).
Using a proven, stable technological foundation, Business Exchange ensures that your organization takes advantage of only the surest, safest technology to enable straight-through processing across your enterprise.
Embraced and esteemed by thousands of end users around the globe, these technologies include:
- Windows-based solution
- Full web access and web-based self service components
- SQL Server and Oracle databases
- Operates on Windows 2000, 2003 Server
- Available as an ASP or in-house solution