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New financial solution from Finoroyal

Payment-on-Behalf; smart, transparent financial settlement

With the powerful Payment-on-Behalf feature, simplify your most complex settlement flows. Smartly link scattered deposits to their parent payment instructions and gain full visibility.

Current challenges in corporate settlement

Traditional FX and rial settlement processes are riddled with complexity and risk that drain corporate resources.

Opaque statements

Without a unified system, financial documents are incomplete and unreliable for audit, tax, and reconciliation.

Complex process relationships

When payer, originator, and final recipient are different parties, proving the link between transactions and a contract becomes very hard.

Scattered, irregular deposits

Receiving amounts from multiple sources at different times makes it very hard to trace which deposit relates to which obligation.

How the system works: clarifying the roles

Our system solves the scattered-deposits puzzle by precisely separating roles and intelligently linking them. We bind every input to a single financial document.

Our system solves the scattered-deposit puzzle by clearly separating roles and intelligently linking them. We bind every input to a single financial document.

Instruction Owner

The person or entity that owns the financial obligation. The system lets them bind multiple third-party deposits to one payment file.

Final Receiver

The final beneficiary whose account receives the aggregated funds after intelligent linkage and status confirmation; gets a clear consolidated report.

Step-by-step operational flow

How do multiple scattered deposits become one final, valid settlement?

۱

Define payment instruction

The instruction owner binds these deposits to a single payment file in the system.

۲

Record deposits

Different payers deposit their amounts to the intermediate accounts.

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Verify & match

The system automatically checks amounts, dates, and ensures no duplicate entries.

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Issue final document

Settlement completes and a comprehensive reconciliation report is issued for all parties.

Precise reporting & control

Our advanced monitoring features deliver full transparency — from real-time status to seamless accounting integration.

  • Track each instruction status
  • Daily reconciliation reports
  • Accounting-core integration
  • Prevent duplicate entries

Ready to bring transparency to your settlements?

No signup needed. See the system in action in under a minute.