Unified Revenue Collections

As businesses seek to create more convenient channels of payment, these payment channels come with varying transaction charges leading to increased reconciliation challenges and slower decision making. The CICOD Unified Revenue Collections is driven by CICOD Unified Collections Gateway seamlessly connected to the regulated payment platform and your bank for easier transaction reconciliation.

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Multiple payment channels and payment providers are already integrated into the CICOD Unified Collections Gateway allowing them to query the platform using the Order ID to fulfil payments. This eliminates the need for each business to have separate integrations, payment partners. This gives a transparent view of both the expected revenue and actual revenue generated.


Single Dashboard for multi-channel collections

Electronic transaction charges vary by payment channel; therefore reconciliation of bank account balances against sales can be slightly more complex. The single view allows the finance team caters to gross payments as well as net payments to aid confirmation of payments and balances.


Direct Bank Lodgments

When Payments are made directly into the business bank account, they can be inputted into the platform for processing and order fulfillment. This ensures that all payments including bank transfers are captured in a single transparent view. We also provide the option to integrate your bank deposit notification directly with CICOD for straight-through processing.


Online Payments

Online payments ease order completion and increase conversion and sales. Hence a plethora of online payment options has been provided to ensure business growth.


POS Transaction tracking

Settlements on card transactions are usually done T+1. Transactions are sometimes lost and never settled. This leads to revenue leakage. The CICOD integrated POS provided by our partners ensures the necessary tracking information is stored without the need for the card processing duplicate sheets.


Cash Management

Cash flows from payment points are easily tracked as each payment is recorded. This informs timely cash evacuation.

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