Enriched Consolidated Receivables (ENCORE) account for SMEs
- Day to Day
- Collection
- ENCORE
ENCORE (Enriched Consolidated Receivables)
Seamless reconciliation solution
- Day to Day
- Collection
- ENCORE
ENCORE (Enriched Consolidated Receivables)
Seamless reconciliation solution
At a Glance
Consolidate payments across multiple collection channels in one Enriched Consolidated Receivables (ENCORE) account.
Single file
All incoming transactions are kept in a single enriched file
Save time
Your payment advice sorted for you
Stay informed
Access your files via IDEAL or Ideal Connect
Features & Benefits
Save time and resources
ENCORE matches payer and payment information across fragmented sources, so you can redeploy resources to more value-added activities
Less human errors
No manual extraction of data from payment advices
Better working capital management
Faster turnaround in AR reconciliation and shorter days sales outstanding
How it Works
How to Apply
Please contact us at:
- 1800 222 2200 (if you are in Singapore)
- +65 6222 2200 (if overseas)
FAQs
Do I need a DBS Business Account to use ENCORE? | |
Yes, you need to have a Business Account with us to use this service. To maximise the benefits of using this service, we recommend that you have the bulk of your collections credited into your DBS account. |
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