Centrum

TM

Mandate Enabled ACH Payments System

VSofts Centrum Mandate Management System is an image-based, multi-institution, multi-location, web-based system for undertaking end-to-end operations for mandate-based, repetitive direct credit or direct debit transactions. Centrum will interface between the banks CBS and NPCI NACH system and will manage mandates and transactions processes including posting the data into CBS in customized CBS format.

Functional Modules
Admin Module The common Admin module manages the detailed organization hierarchy including the branches, locations, users and their roles, corporate users etc. Admin specific to the mandates & transactions allows the bank to set up various customized process flows, select session times, set up reject and return reasons etc. Mandate Management Module A comprehensive module for managing all the aspects of the Mandate including outward presentation steps like scanning, IQA, verification, duplicate review etc. and inwards clearing steps like review, returns marking, files presentation to NPCI etc. ACH Transaction Management Module All aspects of ACH credit & debit transactions are handled by this comprehensive module, including outward presentation, inwards clearing and CBS extracts for ACH, ECS and APBS transactions. MIS Both the mandate & the transaction modules have been set up to provide detailed dashboards for the daily Mandate & Transactions processing, along with recon reports and any other customized report that the bank requires. Archive & Research The Mandate and Transaction modules both have their respective archival system as well as retrieval features to enable the bank to research any previously processed mandate image or transaction detail.

Value Added Services

Corporate Interface Banks can provide their corporate users with a web interface to the VSoft system where the corporate users can view the status of the mandates and transactions originated by them along with the corporate net position. Bill Pay Service VSoft system enables banks to trigger variable amount transactions on behalf of their corporate customers. This service ensures effortless debiting of end user accounts for variable amounts pertaining to utility bills, telecom bills etc. End user alerts An additional feature of sms and email alerts to be sent to end users is also provided by the VSoft System. The alerts will provide the end users with mandate and transaction status updates.

Deployment Model
Scanning Mandate scanned at VSoft Image Service Bureaus spread across various cities in India. Mandates will be scanned and the images will be transmitted to VSofts Data Centre in Hyderabad. Processing Processing operations are undertaken at VSofts Business Processing Center in Hyderabad using Centrum. Processing operations include mandate initiation, mandate acceptance, accepting acknowledgements and generating response, generating outward ACH transactions and accepting inward ACH transactions. In addition to these processing operations, Centrum also Web Access to Banks and Corporates Using the secured web access, authourised users of the banks can review/authorize mandates and the transactions. These users will also have access to real-time analytics data about various operations. Corporates can make use of the web access for direct upload and monitoring.

Deployment Model
NACH Network

Mandate Ini6a6on

Mandate Acceptance

Acknowledgements Responses

Inward Outward Transac6ons Transac6ons

Banks Network
Direct Upload & Monitoring
Administra6on Supervision ACH Transac6on Archive Opera6ons

Mandate Archive

Scanning

Monitoring & Verica6on

Banks Data Center VSo$s Business Processing Center & Data Center

VSo$s Image Service Bureaus

Bank

Corporate

Contact Us India, Asia-Pacific, Middle East www.vsoft.co.in VSoft Technologies Pvt. Ltd., 4th Floor, Block - 1, My Home Hub, Madhapur, Hyderabad - 500 081, INDIA Sales and Marketing: Ph: +91 40 4477 5723 Email: sales_india@vsoftcorp.com North and East: +91 9311071599 West: +91 9867721273 South: +91 9845517624 (Karnataka) +91 9849042503 (Andhra Pradesh) +91 9500046961 (Tamilnadu) +91 9447361345, 8129498369 (Kerala) Americas www.vsoftcorp.com VSoft Corporation 6455 East Johns Crossing, Suite 450, Duluth, GA 30097 General Inquiries: Ph: 770 840 0097; Fax: 770 840 0727 Sales and Marketing: Ph: 770 255 7692 Email: marketing@vsoftcorp.com