Banking Integration

The Banking Integration Add-on was developed with the purpose of helping our customers in their work-flow with their banks, facilitating generation of electronic payments, importing and processing bank statements into SAP Business One.

Benefits

• Cost savings resulting from reduction in time and effort, eliminating  double entry of data;
• Speed up the process of electronic payments and reduce the possibility of mistakes;
• More time for employees to focus on important decision making instead of routine work.

Key Features

Payment Proposal

• The module is a plug-in that allows the creation of electronic bank statement files, such as bank transfer, which can be imported into the bank application (MultiCash or Internet Banking).
• Generates the payment files according to the format and structure required by the bank (.txt, .roi, .int etc);

Bank Statements Upload

This functionality allows you to automatically import and process the bank statements from the bank application into SAP B1 and reconcile them against open transactions.

• Payment files (.txt, .csv, .roi, .int)
• Importing account excerpts from MT940