32 | The Lion King
U-Direct
Corporate
U-Direct Corporate is United Bank for Africa (UBA)
Plc’s web based banking platform specifically
designed for both big and small companies.
U-Direct Corporate is a cash management and
transaction services platform designed to help small
and large firms make their payments, collections
and manage their cash easily.
U-Direct Corporate, which is already operational
in the 19 African subsidiaries of the UBA Group,
has different functions/modules which can all be
accessed with one password.
The current modules include; payments, collections,
multi-bank multi-regional balance viewing, liquidity
management, cash forecasting, e-Trade, e-Treasury
and value chain management.
U-Direct Corporate also comes with a mobile app,
the first of its kind for corporate customers that
enables busy managers to access the platform to
approve payments and approvals on their mobile
phones.
The mobile app is available for Android, IoS, and
Windows smart phones.
U-Direct Corporate will also enable companies
speed up receivables processing, resulting in
reduced financial exposure, lower borrowing costs
and better cash flow.
Companies using U-Direct Corporate can also view
all corporate account balances in their own country
and anywhere in the world right from the mobile
phone, tablet or computer.
Access is also given for cross border payments
and collections views, instant value payroll
implementation, vendor, pension and tax payments
as well as instant payment to mobile phones. U-Direct
Corporate puts the corporate customer’s financial
transactions right at his fingertips and in essence,
results in better financial control.
U-Direct Corporate is also easily integrated into an
existing company’s accounting platform eliminating
any compatibility issues or the need to buy and install
new software.
Product Review
