OnePay: New automated receivables collection service by the National Bank of Greece (NBG) and SoftOne

Payment code issuance, automatic update of receipts and reconciliation of bank accounts, through the company’s business software

SoftOne and the National Bank of Greece are introducing the innovative OnePay service, a new Fintech solution that automates the management and reconciliation of all types of receivables collection for any business. The service is included in the SOFTONE Group ERP systems (Soft1 ERP & Atlantis), while any other business software can also utilize it via SoftOne’s EINVOICING cloud service.
Fully integrated with NBG’s digital platform and leveraging SoftOne’s advanced cloud technologies, OnePay offers a range of significant benefits for both businesses and their customers, such as:

• Saving time for receivables collection, and reduction of operating cost
• Multiple automated payment options for the company customers, using the bank of their choice
• Real-time updates for each customer payment, with automatic entry into the company’s business software
• Automation of the commercial and accounting reconciliation for all receivables collected from the company’s customers.

Mr. Harry Vovos, Head of Corporate Transaction Banking of NBG, commented: “The National Bank of Greece, responding to the needs of today’s enterprise and in line with its commitment to add value with next-generation products and services, has created, in cooperation with SoftOne, the new OnePay service. OnePay offers an integrated digital solution for the management, automation, and reconciliation of receivables collection for companies, powered by the latest technologies, making their digital transformation process easier. The purpose of OnePay is to add value to the day-to-day business operations and to facilitate the pursuit of commercial and business objectives, utilizing the National Bank’s digital leadership and the synergies with the growing ecosystem of digital solutions to the benefit of companies and their customers.”

Mr. Panos Martinis, CEO of the SOFTONE Group, stated: “Our cooperation with the National Bank of Greece in developing Fintech solutions and services confirms our ongoing commitment to innovation, powered by our leading cloud technologies. Moreover, it fully aligns with our long-term strategy and dedication to provide cutting-edge solutions that make digital transformation, affordable and feasible for all enterprises through simple and doable steps. OnePay is such a step, as it practically transforms the receivables collection process, thus creating high added-value for any company.”