Easier management of global SWIFT business now possible
Posted 23 October 2006
With the launch of the new Watch Billing Analyser, SWIFT members now have online access to convenient monthly updates of all their business with SWIFT
The latest addition to the Watch portfolio of business intelligence tools was launched at Sibos 2006 in Sydney, with the release of Watch Billing Analyser and related Reports.
“Billing Analyser lets our customers do online analysis of all their SWIFT expenses over the past three years, giving them a single place to see their business with SWIFT so they can best manage it,” says Karel Spiritus, Watch Product Manager, SWIFT. “They can drill down to contract numbers for every product and service ordered from SWIFT, see exactly who received which invoice within their organisations, and monitor what the charges were.”
“We’re one of the first users of Billing Analyser,” says Fiona Ramsay, Project Manager, HSBC. “It helps us monitor costs per product and service and improves our SWIFT invoice processing and budget preparation. Through the use of Billing Analyser, we are able to access a consolidated view of our global SWIFT expenditure and manage it appropriately.”
“As part of our programme to make it easier for our customers to do business with SWIFT, we are now offering our customers online access to the underlying details of their invoices,” announces Head of Customer Operations and Member of the Executive Steering Group Brian Haughan. “Based on the feedback from our customer consultation earlier this year, we are convinced that the additional data will help many customers to better understand and reconcile their business with SWIFT.”