SELARI® · Cash management & treasury platform

Close the books faster, with every ringgit reconciled automatically.

SELARI® connects to your banks host-to-host, matches transactions against bank statements and your accounting ledger, and runs payments and approvals in one place. It has been used by government agencies and large corporates since 2012.

SELARI wordmark

Why it exists

The problem it solves

Finance teams still download bank statements, match them line by line against transaction reports and update the ledger by hand. Each branch runs its own bank account, payment vouchers are approved twice, and nobody sees the real cash position until month-end.

Who uses it

  • Finance & treasury teams
  • Government agencies & collection bodies
  • Financial institutions
  • Multi-outlet F&B and retail groups

Benefits

  • Fewer manual errors in reconciliation
  • Live view of the organisation’s cash position
  • Lower bank charges with fewer physical accounts
  • Extra hibah or interest from a consolidated daily float
  • Faster month-end close with auditable data

Features

What it does

Intelligent reconciliation engine

Automated 3-way reconciliation between transaction records, bank data and the accounting ledger. Matches millions of transactions, including one-to-many and many-to-many.

Virtual accounts

Give every branch, subsidiary, borrower or customer a dedicated virtual account on top of one main bank account.

Centralised payment management

Upload payment instructions, generate payment vouchers automatically and approve voucher and bank payment in a single step.

Self-administration portal

Configurable dashboards for live cash position, receivables, payables and incoming payments.

Roles & approval limits

Create users with predefined roles and delegated approval limits, with full audit trails and event logs.

Host-to-host banking

Direct bank connectivity with automatic statement (MT940) retrieval and a single log-on across bank accounts.

Alerts & exceptions

Automatic exception handling and reversals; alerts for failed payments or low balances; automatic emails for outstanding balances.

Auto-debit & investment modules

Auto-debit collection and an investment module for managing the organisation’s daily float.

Workflow

How it works

  1. Connect

    Banks, payment channels and the accounting system are connected to SELARI®.

  2. Retrieve

    Bank statements and channel settlements are retrieved automatically.

  3. Reconcile

    The engine matches transactions, bank data and ledger entries and flags exceptions.

  4. Post & pay

    Ledgers update automatically; payments and receipts are issued with built-in approvals.

Use cases

Where SELARI® is used

Multi-outlet F&B and retail

Reconcile sales from POS, table, web and third-party ordering against what each payment channel actually settles, net of charges — across every outlet.

Loan, grant and fund disbursement

Disburse through SELARI®, create a virtual account per recipient and identify repayments automatically, with official receipts issued on payment.

Branch & subsidiary cash management

Replace dozens of physical accounts with virtual accounts under one main account for live group-wide visibility and better returns on the daily float.

Recurring revenue collection

Link the receivables list for agencies such as land offices and local councils, identify payers by IC or phone number and track ageing automatically.

Deployment

Where it runs today

In use by government agencies and large corporates since 2012. MARA has used our cash management and treasury platform since 2014.

Integrations

  • Host-to-host bank connections
  • MT940 statements
  • Accounting systems
  • POS systems
  • Orijin Gerbang
  • Orijin EDC
  • JomPAY
  • DuitNow
  • e-wallets

FAQ

Questions from enterprises & agencies

Which payment methods does the Orijin gateway support?

FPX, DuitNow and eMandate; Visa and Mastercard (3-D Secure, non-3D, pre-authorisation, saved card and card binding); e-wallets; and in-store payments through Orijin EDC and Soundbox terminals.

Can SELARI® work with our existing banks and accounting system?

Yes. SELARI® is channel-agnostic: it connects host-to-host with banks, retrieves MT940 statements automatically and reconciles against your accounting ledger. Business rules and process flows can be customised.

Is the platform built in-house?

Yes. Our gateway, wallet, reconciliation and treasury products run on our own proprietary payment technology, built on a single code base.

What security standards do you follow?

Our gateway is PCI DSS compliant, and our services are designed to comply with ITSEC, ISO/BS/MS and PCI requirements, backed by intelligent fraud prevention and a risk management policy.

All FAQs