Corporate Treasury Payment Inquiries – Now Available in BNP Paribas’ e-Banking Tool

Published 

BNP Paribas’ BENEtracker, a product co-created along with a major corporate client to facilitate their payment inquiries, is now available to all BNP Paribas Cash Management customers via the e-banking tool Connexis Cash.

Whether it is a large multinational with a centralised payment factory, or a smaller company working with international customers and suppliers, answering payment inquiries can be a time- consuming activity. The BENEtracker uses SWIFT gpi technology to relieve this pain point by allowing corporates to proactively share tracking links with their beneficiaries for them to track international payments coming their way in real-time.

For around a year, Connexis Cash users have had access to the SWIFT gpi metroline giving them a real-time view on the statuses of their international transactions, including intermediary banks routing and fee deductions. Now, they can offer the same tracking capability to their counterparties in just a few clicks. The Counterparty Advice functionality in Connexis enables users to generate a PDF file containing not only the transaction details but also a link to the BENEtracker portal where their supplier expecting an international payment from them can monitor the progress of the transaction until the account has been credited. The email sent to the beneficiary from Connexis Cash is totally secure and no sensitive payment data is displayed in the portal. This new service in Connexis Cash is now available to all users, without any prior activation or additional charges.

BENEtracker equips treasury teams with a very convenient way of proactively keeping their internal and external stakeholders updated on their payment statuses. By deploying this new cutting-edge functionality, BNP Paribas has taken an important step towards making the life of its customer’s treasury teams easier.

Most recent episodes

£15 Billion Stimulus Pumped into UK Economy to Ward Off Recession Fears

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 7th June...

04:44

Advantage Treasury

Eleanor Hill is joined in the virtual TreasuryCast studio by Nicolas Cailly and Philippe Penichou (Societe Generale) to look at treasury trend predictions for the remainder of 2022, with a particular focus on virtual accounts. In this deep dive into current and future treasury priorities, our guests...

24:22

40th Annual New York Cash Exchange: What Can Treasurers Expect?

Ahead of the 40th annual New York Cash Exchange, two of TMANY's distinguished board members, David Miller and Timothy T. Hesler, CTP, provide TMI CEO, Robin Page, with a quickfire rundown of what attendees can expect from this year’s conference. Our guests share their aspirations for the event, explain...

09:58

Expectation-Beating Inflation Prints Ratchet Up Pressure on Monetary Policy

Welcome to the third edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 9th May...

04:48

Making the Sustainable Transition: A Roadmap to ESG in Treasury

Over the last 18 months, Societe Generale has experienced a steady increase in requests from their corporate clients to integrate ESG features in treasury management.  Louis-David Rouyer, Philippe Pougeard, and Emmanuelle Petelle (Societe Generale) provide TMI's Eleanor Hill with a whistlestop run...

22:24

Lift Off for Fed Rate Rises

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 5th of...

04:58

Treasury in 2022 and Beyond

Industry experts Bob Stark (Kyriba) and Sebastian di Paola (PwC) join TMI's Editor, Eleanor Hill, to explore the very latest treasury trends - and to discuss how smart treasurers can get ahead of th...

43:21

How BearingPoint Harnessed Data-Driven Forecasting with CashAnalytics and SAP

Listen back to our recent forecasting masterclass, where Group Treasurer Eveline Stam, and Conor Deegan (CashAnalytics) provided TMI's Eleanor Hill with a comprehensive overview of how consultancy firm BearingPoint achieved company-wide cash forecasting nirvana by combining specialist solutions from...

37:14

The 3 T’s of The Future: Tech, Treasury, and Transformation

Over the past two years, an increasingly dynamic environment has not only accelerated technology development – from quantum computing to blockchain technology, and even the metaverse – but also technology adoption, bridging colleagues and breaking down silos in a remote work world. In this podcast,...

44:02

Monetary Policy Continues to Drive Markets as Ukraine Invasion Weighs on March Meetings

Welcome to the second edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 3rd of...

05:25