"We needed something that reflected our controlled environment with an additional layer to flag that there is no risk of fraud. Previously this was a manual process and meant that there was nothing stopping someone from logging in and adding miscellaneous bank account details, for example. The payment approval process controls in AccessPay helped reduce this risk."
Simplify financial audits and strengthen compliance with AccessPay
Ensure compliance and audit readiness in today’s heavily regulated financial landscape. AccessPay’s robust payment controls, reporting capabilities, and fraud prevention measures make compliance a breeze.
Our accreditations
Be audit-ready and confident in your compliance with AccessPay
AccessPay tackles the compliance and audit challenges faced by finance and treasury teams by providing real-time cash visibility, automated reports, and robust audit trails. Our platform reduces the risks of manual process and a disconnected finance ecosystem.
By mitigating error-prone data entry and enhancing insights into cash flow and positioning, AccessPay strengthens organisations’ ability to meet Operational Resilience objectives, PRA and FCA regulations. Empower your teams to confidently navigate audits and protect your organisation from financial penalties and brand damage.
Why AccessPay?
Automate compliance
AccessPay is your partner for navigating a complex and evolving regulatory landscape. We monitor new regulations and update our platform so you’re always compliant, by default.
Reporting and visibility
Remove the need to compile manual reports and collate information from multiple bank portals and ERPs. AccessPay connects your entire banking estate to your back-office systems so you can see your complete financial picture in one place.
FCA & PRA regulated
AccessPay is regulated by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), ensuring the highest standards for security, resilience, and operational excellence.
We’re proud to work with
Head of Change & Procurement at Darlington Building Society
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How does AccessPay help?
Centralised connectivity
AccessPay gives you a holistic view of your finance ecosystem, through connecting your ERP and back-office systems to your banks. By establishing a single connection point, you can enforce strict protocols throughout your payments and reconciliation processes and monitor who has accessed the platform. Minimise human intervention through end-to-end automation.
- Audit logging
- Automated monitoring of the full journey from payment initiation to completion
- Authorisation chains tracked with user-level granularity
- Transaction-level auditing of all bank statements
We ensure that your submission and transaction data are compliant with industry regulations and configured to reduce the risk to our customers, retaining submission data for up to 18 months by default.
Bank-grade security and controls
Security and control are at the core of the AccessPay platform. We offer multi-layered protection against fraud and manual error, such as data encryption, multi-factor authentication, and user access controls. Our Fraud and Error Prevention Suite integrates into your existing payment workflows for minimal disruption to your finance teams.
- Create granular permission sets to match your organisational structure and approval process.
- Multi-eye level approval ensures safe file submissions and speeds up approval processes.
- The Payment Screening tool scans payments files to flag potential issues before payments are processed.
- Account Name Verification ensures payments are sent to the intended recipient.
- Bank grade data-encryption for safe file transmissions.
We ensure that your submission and transaction data are compliant with industry regulations and configured to reduce the risk to our customers, retaining submission data for up to 18 months by default.
Customer Success and support commitment
Our Customer Success and technical support teams are on hand to guide customers through their onboarding and ensure optimal value from AccessPay on an ongoing basis. In the unlikely event of an incident, our disaster recovery processes ensure minimal downtime. Our Recovery Time Objective (RTO) and Recovery Point Objective (Recovery Point Objective) are designed to keep our operations running with minimal interruption.
- UK-based, in-house customer success and support desk team
- Customer satisfaction score of 98%
- Onboarding within 12 weeks
- Industry-leading uptime
- SLAs for incident response time and general enquiries
- Extended support times, with out of hours emergency support
- Dedicated Account Managers and Customer Success Managers
Tackle compliance and audit challenges in today’s heavily regulated financial landscape.
Get in touch with one of our experts by completing our contact form.
Stay compliant with key regulatory initiatives
AccessPay for UK SOx
AccessPay helps businesses implement robust internal controls, improve risk visibility, ensure accurate financial reporting, and establish effective anti-fraud measures, all crucial for UK SOx compliance.
- Gain accurate data for reporting and reconciliation
- Eliminate manual intervention through automated bank feeds and control measures
- Detect suspicious transactions and implement standardised procedures across all internal workflows
- Receive detailed records and universal bank access, enforcing segregation of duties and data encryption
AccessPay for ISO 20022
Migrating to ISO 20022 can be complex – we make it easy. With ten years of experience in data transformation and enrichment, our platform seamlessly connects your ERP and back-office systems directly to your banks, ensuring faster, more efficient payment processing and simplified statement reconciliation.
For payments:
- AccessPay enriches files generated by your Enterprise Resourcing Platform (ERP) and back-office systems with ISO 20022-mandated data, transforms them into the required formats and securely delivers them to your bank/s.
- Mitigate the need for costly ERP and back-office changes by enriching your payee data within the AccessPay platform.
For statements:
- AccessPay receives enriched CAMT data from your banks and provides a unified view of balances, with full visibility of all additional data points.
- AccessPay receives enriched CAMT data from your banks, normalises and transforms the data into the right format for your back-office systems and delivers that data securely.
AccessPay for Operational Resilience
AccessPay strengthens your ability to maintain essential financial operations during periods of disruption by creating a robust and secure payment infrastructure. Consolidating and automating treasury and payment procedures, we reduce the reliance on manual tasks and allow for the continuation of vital financial activities during unforeseen events.
This is especially pertinent considering the Digital Operational Resilience Act (DORA), which mandates that financial entities demonstrate robust digital operational resilience to withstand and recover from disruptions.
- Unified payments processes reduce the risks associated with a fragmented and manually managed banking estate.
- Strong security measures protect sensitive financial information and prevent fraudulent activity, defending against cyberattacks.
- Connectivity with various banking systems enables quick adaptation if one system fails and allows for quick adaptation to changes in the financial landscape.
Ready to explore how AccessPay can help your business?
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