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We think there’s nothing like AccessPay on the market – but you be the judge. Complete the form below & find out why organisations such as ITV, Helping & The AA trust AccessPay with their business payments and cash management requirements.

Payments transformation and cash management for ITV through an integrated platform

“AccessPay is really easy to use and it’s really made a difference for us. We are definitely a more efficient team because of it.”

Karen Fagan, Head of Treasury Operations, ITV

As the oldest and largest commercial terrestrial television network in the UK, ITV’s day-to-day operations leave no room for error when producing some of the country’s most popular programmes.

With offices across the world and thousands of monthly transactions between payroll, artists, suppliers and talent, ITV needs to operate with speed and accuracy.

Just like the X Factor, when in the spotlight, one small hiccup can have severe consequences.

A Complex Organisation…

When ITV undertook an enormous enterprise-wide transformation from traditional broadcaster to content producer, their teams needed even greater support to ensure success.

Karen Fagan, Head of Treasury Operations at ITV recognised that to support their transformation, they needed significantly more flexibility than their previous provider was offering.

With ITV’s current contract coming to an end, Karen and her team capitalised on this opportunity and began the search for a new solution.

“We were coming to the end of our contract with our previous payments supplier, so it just seemed like an ideal opportunity for us to see what else was out there and see what other solution we could find.”

Changing tides

Change is never easy, but to progress it is often necessary.

To support the changing requirements and processes within ITV, the AccessPay platform was introduced.

AccessPay’s Integration Platform was implemented swiftly to provide ITV with the necessary agility and flexibility needed to ensure a successful transformation.

Our platform acted as a backbone that fostered connectivity, providing an integration layer that connected all of ITV’s banks and back-office systems in one place.

Additionally, as such a high-profile organisation in the public eye, security and compliance are absolutely paramount to ITV.

To support, our solution helped ITV mitigate risk and ensure compliance with policies by ensuring all of ITV’s files had PGP encryption.

The AccessPay Factor

Capitalising on the power of connectivity allows organisations to increase their efficiency while also reducing their costs.

ITV has been able to seamlessly integrate multiple banks and back-office systems, while simultaneously processing all their Bacs, FPS, SWIFT and SEPA payments.

Rather than relying on time-consuming, and manual processes, ITV now has access to real-time visibility of all their available balances and the state of finance across all their groups, including statements and transfers.

“You log in and you know exactly how much cash you have around the group. We were able to see, not just payments that have been made, but also receive confirmations back from the bank.”

The ability to integrate and connect all their banks and back-office systems has enhanced not only ITV’s visibility but also agility, saving ITV’s finance and treasury team 4-5 hours a day.

“It made managing our cash a much more joined-up process. It’s really easy to use and it’s really made a difference for us.”

Managing Payments

Watch the video below to find out how AccessPay helps the UK’s largest commercial broadcaster automate their payroll and other finance functions

 

Treasury Transformation

Watch the video below to find out how AccessPay helps the UK’s largest commercial broadcaster automate their payroll and other finance functions

 

“It’s not just doing Bacs payments, it’s doing Faster Payments, international payments, SEPA payments. It just seemed like a really straightforward change for us.”

Karen Fagan, Head of Treasury Operations, ITV

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