News and Market Insights
Commentary from Society Financial covering market themes and key updates about our business.
Careers at Society Financial
Careers at Society Financial
CASH MANAGEMENT
Leverage powerful payment technology to move your cash around the globe in real time and optimise your working capital
Disjointed and inadequate traditional banking often slows down and impedes treasurers from managing their cash efficiently
When it comes to cash management we believe the key to making your cash work harder is through speed and flexibility
MULTI COMPANY
Our cash management solution is designed for clients with multiple entities and subsidiaries as well as suppliers in multiple jurisdictions, where often cash is managed both at local level and central treasury.
ONE SOURCE
As we combine the best products from global and regional banks it enable us to provide them to our customers from one single source. This removes the need for clients to use several banks and institutions to simply move funds from their clients to their suppliers.
SPEED & EFFICIENCY
We provide you with 30 collection accounts to speed up receivables and through our optimised payouts in 130+ currencies, you can collect funds from customers in their local currency and deliver funds to suppliers in foreign currencies quickly and efficiently.
Combining a flexible technology solution with currency accounts for collections and outgoing payments, all under one platform will centralise your cash management function resulting in your working capital moving around much faster
Client instructs SocFin through their ERP/TMS or in house application
Client sends payment file in their desired format
Client uploads payments onto the online platform
COMPLIANCE
OPTIMIZATION
- Fast account opening
- Screening in real time
- Payment and beneficiary validation
API
API DRIVEN PLATFORM COMBINED WITH MANAGED SERVICES
Collections
Dedicated Accounts
FX Dealing
Risk Management
Payouts
Credit
MANAGED SERVICES
Our payments staff will be on hand to manage the payments process quickly and efficiently. Our 'managed' service means that a dedicated resource will be readily available to correct and chase each query or failed payment instantly.
Receive payments into your dedicated multi-currency accounts
AUD
EUR
HKD
Manage risk and execute FX transactions
Pay out to your beneficiaries in your desired currency
EUR
GBP
NGN
