Bank connectivity
Statements and payment files exchanged with each bank through agreed channels and formats.
Industry context
Treasury, payments and cash management in energy and utilities
We connect treasury platforms to your banks and ledger, so cash positions, payments and forecasts come from one controlled source.
Bank connectivity, payment controls and the link to the ledger carry most of the work on a treasury platform. We connect your banks, set up payment approval and fraud controls, and build the cash position and forecast your treasury team reviews each day.
Energy and utility companies run long-lived assets where safety comes first, with field and site teams spread across many locations. We time changes to corporate systems away from approved shutdowns and maintenance seasons, when site staff are busiest. Payment formats and rails differ by market: UAEFTS and the Wage Protection System in the UAE, and SARIE and SADAD in Saudi Arabia, alongside each bank's own host-to-host and file standards.
After stabilisation we hand over to your teams or keep running the service with you.
Alongside sector regulation, we often map delivery evidence to cross-industry baselines such as the UAE Information Assurance Regulation issued by TDRA, the NCA Essential Cybersecurity Controls in Saudi Arabia and the NIST Cybersecurity Framework, which many risk reviewers already use.
What the work covers
We design, deliver and stay until operation is stable, with evidence your procurement and risk teams can rely on.
Payment controls
Approval limits, segregation of duties and screening applied to every outgoing payment.
Cash visibility and forecasting
Daily cash positions and forecasts built from bank data and the ledger.
Sector regulators and audit
Energy and utility companies answer to sector regulators such as the Department of Energy in Abu Dhabi or the Water and Electricity Regulatory Authority in Saudi Arabia, so we keep approvals and records in a form internal audit and the regulator can review.
Account and bank fee review
Accounts, mandates and bank fees reviewed, so the platform starts from a clean bank structure.
Payment fraud prevention
Beneficiary checks, call-back rules and alerts for unusual payments, agreed with finance and risk.
Signs you are ready to start
A treasury programme is ready to start when treasury, finance and IT agree which bank channels to use and who approves payments.
- The shutdown and maintenance periods the programme must avoid have been agreed.
- Treasury has listed the banks and accounts in scope and agreed payment approval limits.
- Each bank has confirmed the connectivity channel and file formats it supports.
Plan treasury, payments and cash management in energy and utilities
Tell us where you are today and which dates matter. We will propose a first phase with scope, owners and an itemised quotation.