Cash Management Solutions

A hybrid system of collections and payments at faster pace with certain value additions.

Effective & efficient mode of managing the Collections and Receivables.

KEY BENEFITS

 Cost benefit through reduced borrowing requirements

 Faster access to funds, improved liquidity, better funds management

 Lower operational costs, improved profitability

 Customized MIS, easier accounting and recon

Collection Solutions from Axis Bank ensure that receivables are collected efficiently to optimize
utilization of funds and thereby improve the bottom line of your business.

CASH AND CHEQUE COLLECTIONS

Power Reach

Cash collection from the premises on demand or on an agreed frequency with customized MIS
reporting.

Cheque Collections: Power Speed

 Cheque Collection solutions enable cheque realization and assured credit with customized
MIS.

 Enables the corporate to receive funds in a predefined way with the realization of local and
upcountry cheques

Key Features

 Reduced cost and proper tracking of funds realization through customized MIS

 Facility available at all Axis Bank locations and select Non-Axis Bank locations

 Pick-up facility

CUSTOMIZED PHYSICAL COLLECTIONS

CACCS

CACCS account enables Current Account Collections with additional information for MIS enrichment.

The collections get credited in the designated account of the corporate with matching MIS post
reconciliation

EASYPAY

EasyPay is a collection solution for corporates and financial institutions where a validation of
depositors' credentials is required with the existing database at the time of transaction.

Key Features

 Mode of transaction (cash / cheque / transfer can be selectively activated for the corporate.

 Collections can be offered at all branches of Axis Bank and not limit to CMS enabled branches

Payment solution at Axis Bank ensure seamless data transfer and for processing of paper based and
electronic payment products through single upload.

How to identify a CMS Potential Client

OBSERVE & IDENTIFY

 Current Account statement being requested by the Client frequently (MIS requirement )

 DD/PO desk always occupied with Current Account customers (Business requirement –
payments at multiple locations)

 Bulk NEFT/RTGS transactions executed from the Current Account /Received in the Current
Account (Business requirement –Collection & payments with multiple business partners )

 Salary uploads/ month end payments being executed from the Current Account (Business
Requirement –payments to people at large )

 Customers calls for enquiring UTR no or detail of a transaction (Business Requirement –

Collection /payment confirmation )

 Customer calls enquiring for the status of Cheque issued / any deposit of the cheque (Clearing
) in the account on/off-location (Business Requirement –Status of Collections /payments
awaited )

 Requirement of continuous stationary (cheque books ) in bulk (Business Requirement –

payments to various stakeholders )
  If the answer to any of the above question is “YES”

 Then the Current Account holder can be pitched CMS –Collection /Payment Solutions

 as per his business requirement .

Product Features

1.Easy Pay - Collections with validation of Depositors

Collection through Axis Target Customers : Insurance Companies (Premium collection), NBFC
Branches, BC Outlets, ( EMI Collection), University ( Fee Collection)
Alternate Channels
2. Power eColl – Collections product aiming at Automated Zero Reconciliation transactions
Collection through Processing
Virtual accounts Target : Govt. Tax Collections, Tender Payments, Dealer Collections

3. CDM Cash Collection Each agent of Corporate will be given a CDM card to operate CDMs
-

4.Power Speed – Local a) Bank’s large Branch network

cheque collection b) Co-ordinated pick-ups and Clearing through Bank’s correspondent bank
where our branches are not there

5.Power Reach –
Upcountry Cheque
Collection

6. Postdated cheque Maintaining PDC inventories, presenting, crediting designated accounts,

collection re-presenting bounced cheques, exception handling ( stop payment etc.)

7. Bulk Collections- Bank’s dedicated team manages inventory of cheques and timely presentation
Utility bills or PDCs of the same, well supported with MIS ensuring maximum benefits to your
Management organisation. Pick up from drop boxes Drop boxes & ECS services are also available.
8. IPO/ Rights issue Collecting the Application Forms and the Instrument, Processing the Instruments,
Collections Pooling the funds to the designated Account and Consolidated Report/MIS generati
end to end solution for IPO Collection.

9. Sale Of Prospectus / Sale of prospectus/brochures/application forms as well as fee collection for

Brouchers / Application several prestigious educational institutions
Forms and Fee Collection

CMS Payment Solutions

Product Main Features

1.Paypro Enables to process all electronic and physical payments through a single file upload
mechanism.
This platform allows a corporate user to upload files containing multiple transactions
having different payment modes like Direct Credit, RTGS, NEFT, IMPS, Demand Draft
printing and Customer cheque printing ( at Axis bank location or at their own premises.)

2.Power Pay Provides a clearing platform to process payments and outsource cheque writing and
other time-consuming and routine manual payment processes to the Bank.
The Centralised Payment system, connecting Banks entire branch network, is capable
to process any type of payment - physical instrument (with or without facsimile signature)
as well as electronic payment, bulk DD payment to vendors, salary payment or dividend/
interest payments of large corporate houses.

3.At Par payments At Par facility enables customer to maintain only one Account and issue cheques that
would be payable at any Axis Bank location as a local cheque.

4.Dividend / Interest Bulk dividend and interest payment of corporate houses through an At Par facility
Payment
5.Power Remote issuing bulk demand draft (DD) at various locations

6.CMS Power Cheque to get the cheqeus and the cover note printed as per the payment file with the facsimile
signatures of the authorized signatories of a company
7.Electronic Clearing ECS Credit & ECS Debit
services
8.NEFT & RTGS Electronic fund transfers

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