Common use of System Functionality Clause in Contracts

System Functionality. The Integrated Receivables Service provides The Client with access to a central online repository, archive, and integration point for Payment Channel data, images and information. The Integrated Receivables Service connects Payment Channels and allows consolidation, reporting and online decisioning capabilities for Customer’s receivables associated with such selected Payment Channel(s). Specific features and functionality of Customer’s Integrated Receivables Service shall be agreed to by Bank and Customer in the Implementation Documents for the Integrated Receivables Service. All data, images and information reported through the Integrated Receivables Service are reported after such data, images and information are captured through the Payment Channel after final settlement of the incoming payment.