To assist with the centralization of its payment operations in Europe
Johnson Controls, engaged in automotive experience, building efficiency and power systems, has selected SunGard’s AvantGard Payments system to assist with the centralization of its payment operations in Europe.
According to SunGard, AvantGard Payments will provide Johnson Controls with flexible workflows, audit capabilities and multi-bank connectivity.
The AvantGard system will be hosted by SunGard and will reportedly provide a platform to help improve control and security across all payment operations. It will help Johnson Controls to standardize its payments processing and connect directly with its bank partners. It will initially be rolled out to Johnson Controls’s European operations on a country-by-country basis before a second phase of implementation to all remaining locations.
Hans Cobben, group vice president for global payments and messaging at SunGard, said: Access to new Swift services and direct multi-bank connectivity has become increasingly important for most corporations. SunGard’s AvantGard Payments can help by providing flexible payments functionality and Swift integration capabilities. As a hosted solution, AvantGard also offers high levels of security and messaging standards.
Jean-Philippe De-Waele, treasurer for European and African operations at Johnson Controls, said: “We needed a single payments solution that could meet our business, hosting and connectivity needs. We chose SunGard’s AvantGard Payments not only because of SunGard’s strong reputation and international presence, but because the solution offers full SWIFT integration in a hosted environment.”