ERP to Bank Integration
ERP to bank integration to streamline finance & treasury processes
ERP to bank integrations are a challenge for many enterprise organisations. Without the proper connectors your ERP, TMS and other back-office systems fail to automate. So how can you enable smoother data interchange?
Preparing for a Payments Automation Project
Our team share industry expertise in preparing for a payments automation project or undertaking a new ERP implementation.
The need for ERP to bank Integration
Designed to support a variety of business processes, ERP systems are used by finance and treasury functions for accounts payable and accounts receivable, for processing payroll and treasury payments, as well using it to monitor, predict and manage cash across multiple locations and legal entities. The primary purpose of an ERP system is to automate all of this, helping you to drive growth for your organisation.
However, what good is an ERP system if it’s not integrated to your TMS, CRM, Accounting or Payroll system and more importantly, connected to all your banks? At the end of the day, you’re still going to have to upload data from multiple sources. Isn’t that simply defeating the purpose of having an ERP system in the first place?
ERP to bank integration is key to achieving automation
Trusted by leading enterprise organisations
Accurate data in minutes, not hours
ERP and back-office to bank integration enables organisations to automate manual processes, such as data entry. Not only does this increase data accuracy and provide better insight, but it also allows you to reduce dependency on the internal workforce, enabling you to divert that all-important resource to analysis and value add activity.
By integrating your ERP or back-office system with your banks, you can feed accounts payable and receivable data into the AccessPay platform and combine with bank statement data to generate meaningful reports for your business.
ERP to bank and bank to ERP Integration – mapped and ready to go
One of the pains of not having an integrated process is that you are left to deal with varying file formats. With each system requiring a different file import and your banks all spitting out a different kind of file, you end up spending most of your time trying to un-bundle the maze and getting your IT team to transform data into a legible file you can upload.
With AccessPay, you can put an end to all of this by mapping any file format from any bank and transforming data output into a format that can be consumed by your ERP or back-office system. With minimal or no IT development required, you can also minimise dependency from your IT resource as all transformation is taken care of by our file agnostic platform.
Enable true segregation of duties and centralised control of your back-office systems.
Consolidate processes, configure workflows, with access to information and support to help you achieve greater control. Our experienced team is on hand to suggest ideal workflows to help you map out the best way to use your system securely.
With encrypted file transfers, two-factor authentication (2FA), the removal of tokens and other added security controls, AccessPay ensures you and your team can access your finance network through a single secure and controlled environment.
A few words from one of our customers
“We first implemented AccessPay for treasury payments with straight-through processing in place. We included electronic approvals, full audit trail and a level of increased security and control that met our global cash management standards. Moving forward, we enabled EUR € collections on behalf of using virtual accounts and a European Payment factory was established using connectivity to SAP HANA. By integrating all of this through AccessPay and using the functionality their applications offer has given our UK-based finance and treasury team increased visibility and control – information now used to help Front Office in daily money market activities and by our many subsidiaries across the globe.”
Group Treasury Manager, Multinational Japanese Manufacturer
Ready to ask questions? Call us on 020 3282 7152 or