Gazprombank and T Plus started calculations based on integration "Transit 2.0" NSD and the systems of SAP

2020: Start of calculations based on integration "Transit 2.0" NSD and the systems of SAP

Gazprombank and the Russian private company in the field of power industry of heat supply of T Plus started joint calculations based on integration "Transit 2.0" the National Settlement Depositary (NSD) and the system of SAP. Announced this MNR on June 15, 2020.

"Transit 2.0" - the technological solution of NSD for transfer of financial data between banks and corporations which is more and more demanded by the Russian companies. It was implemented by a join path with the ERP system of SAP. Such scenario of use will allow the staff of treasury to control in a foreground mode process of interaction with banks in the single, usual interface, to provide end-to-end business process from starting the request for payment before execution of payments by bank.

For our company management of payment discipline and increase in efficiency of operational processes act as one of priorities of the development strategy of treasury. Within this strategy standardization of interaction with banks was always a relevant task at which solution we aimed. Thanks to "Transit 2.0", we can work directly via the single interface with all banks connected to the platform. In deep integration with our ERP system of SAP we see additional value in the solution of NSD.

Development of RBS channels is one of the important directions of transaction business. Gazprombank pays considerable attention to implementation of modern digital solutions for the corporate clients promoting increase in efficiency of their processes. At the same time in the industry in general trends of standardization and digitalization are brightly expressed. Integration of corporate systems (ERP) with the systems of banks represents one more example of manifestation of these trends. "Transit 2.0" allows treasury of T Plus to unify the channel of information exchange with all banks and to increase efficiency of the work. Understanding importance of a task for the company, Gazprombank used the best efforts as fast as possible to implement the necessary solution. Gazprombank will continue to develop the products and solutions considering needs of our clients, modern technologies and trends of the market.

The Transit 2.0 platform is designed to simplify automation of work of corporations with clearing banks. It is the universal channel of remote exchange of information with banks providing interaction of participants. While the NSD deals with technical issues, corporate treasurers can find more time and attention to financial questions.