Banks and other financial institutions require reliable and flexible accounting for their balance-based products – including checking accounts, savings accounts, fixed-term deposits, and credit or debit cards – and a system powerful enough to handle high transaction volumes across a large number of accounts. They need fully integrated solutions with the flexibility to enable the development of new products cost-effectively.

SAP Deposits Management enables you to manage – and monitor – the entire life cycle of an account contract, including all the necessary transactions, agreements, statements, and other life-cycle tasks.

With SAP Deposits Management, you have a single account and contract management tool for all cross-division products. This includes functions for contract administration and monitoring, payment and other transaction handling, and account statements.

What's more, SAP Deposits Management handles the large amounts of master data concerning customer accounts and contracts. So you can focus on strategy and results, while benefiting from customized control at every level of operation.

Finally, complete integration of account and contract management functionality means you fully benefit from the power of SAP Business Suite, while being able to adapt your system quickly to reflect new customers, products, and other changes.