Crown Estate awards payments IT deal to Albany

Crown Estate awards payments IT deal to Albany

ALBACS technology gives property management company greater flexibility over payment options and more control of processes

The Crown
Estate
has purchased electronic payment software from
Albany
Software
, providing it with greater flexibility and control of its
payment processes.

The Crown Estate, with real estate and marine portfolios worth more than
£6bn, has moved its payments system online. The payment process is simplified as
the system is securely accessible at various workstations at any time, and eases
administration with in-built workflows.

David Spratt, senior business systems analyst at The Crown Estate, said the
impmentation of ALBACS cs gave the group remote access to the system
from any of its UK offices, increasing flexibility.

“This gives us a significant amount of flexibility as authorisation to
process a payment file may need to come from a different location to the
accounts department where it was originally created.

“Albany has delivered a secure and reliable payment platform for The Crown
Estate. The upgrade implementation of ALBACS cs was done in a day and
has provided much needed agility as well as greater control over our payment
processes.”

Further reading:

Cloud Computing will alter
landscape

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article