“Bridge” System for Invoices Approval Routing
Cinimex implemented a turnkey project – pre-project study, problem definition and collection of business requirements, testing, design and development of architecture for a solution approved by the Bank, followed by system deployment and further support. The payment workflow system, built on IBM WebSphere Business Integration Message Broker, was implemented in the beginning of 2008.
Project Outcomes
“Bridge” is a custom system for payment management and routing of invoices from retail and corporate customers, which allowed to significantly optimize payment processing.
Focused on developing integration gateway for Raiffeisenbank’s heterogeneous information systems and the newly acquired Impexbank, “Bridge” project enabled automated processing of foreign currency payments data and simplification of auxiliary business processes.
The gateway allowed Raiffeisenbank to avoid costs of inter-bank transactions using SWIFT and keep manual data input to a minimum, thus making a huge step towards reducing hard copy paperwork.