Bank Statements and Bank Payments made Simple for Businesses
Most businesses express how much of a tedious task it is to perform the bank reconciliation of all the business payments as part of the month end process. Well, accounting Departments we hear your pains! Seidor USA has found a way to streamline the process through Automate Bank Integration in SAP Business ByDesign.
The disconnect between businesses and their banks can make an accountants jobs more strenuous. The process of reconciliation of all the payments going in and out of a business and the process of executing Account Payables on a daily, weekly, and monthly basis. Well, no more manually uploading and updating the data needed for Bank Statements and Bank Payments processing, leaving more time to invest in other aspects of the business.
Bank Statements Automation in SAP Business ByDesign
The automation of bank statement reconciliation will simplify your month end process. The automation includes the integration of SAP Business ByDesign with a bank portal using CPI. Bank statements will be automatically created in ByDesign and this will happen EVERY time a new statement is available without the manual processing of this data from the solution to the bank and back.
Bank Payments Automation in SAP Business ByDesign
Like the bank statement process, automatic integration directly from ByDesign to the bank portal using CPI will send the Payments Files automatically into the Bank. Saving time and minimizing human error, this process will eliminate the manual activity of uploading a file every time a payment is issued.
Automation of business process increase business productivity!
Watch How Automate Bank Integration in SAP Business ByDesign Works
Want to discuss further? Contact Brittanie Ryan, Customer Engagement Specialist at Seidor: firstname.lastname@example.org