Fast and automated Processing of account statements

Automatic bank statement upload including recognition of unprocessed bank statements. The bank statements are automatically uploaded to SAP Business ByDesign ERP. A partner that is a member of SAP’s curated startup ecosystem.

Overview

Automate your bank statement management

Automate your banking transactions and relieve your employees from unnecessary administrative work. The use of this SAP Business ByDesign extension ensures that payment files and account statements no longer have to be processed manually. Instead of a download and upload during which a user can alter the documents the process works automatically with a documented solution.

You can now ensure compliance with banking regulations and legal requirements and provide a seamless, consistent as well as protected banking experience every step of the way.

secure bank statement processing with the latest technology

Enjoy secure bank statement processing with the latest technology to ensure the highest level of data protection and privacy. Handle your banking transactions even more efficiently and confidently in the future.

Details

Solution type

APIs and Technical Components

Industry

Cross-Industry

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.

SAP Business ByDesign

Features

Automatic bank statement upload

Experience seamless financial management ! This automatic bank statement upload feature takes the burden off your shoulders. Effortlessly sync and secure your statements, saving valuable time. Embrace hassle-free banking today!

Automatic bank statement upload
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Automatic recognition of unprocessed account statements

Streamline your banking experience with automatic recognition of unprocessed account statements. Say farewell to manual data entry and embrace seamless efficiency.

Automatic recognition of unprocessed account statements
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Support Format Message Type 940 (MT940)

Discover the power of banking4cloud! Enjoy smooth transactions with our full support for Format Message Type 940 (MT940). Stay informed and in control of your finances with real-time updates and secure access. Experience banking like never before!

Support Format Message Type 940 (MT940)
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Plans and pricing

Usage fee operated by all4cloud on SAP technology

Unprocessed account statements are automatically recognized & imported into SAP Business ByDesign

Format Message Type 940 (MT940)

Use of SAP Integration Suite for a secure transfer

Basefee for one productiv SAP Business ByDesign tenant

Per Month
EUR 309.00
  • + EUR 2500.00 Setup Fee
  • EUR per Tenant
  • Minimum contract 1 year

Unprocessed account statements are automatically recognized & imported into SAP Business ByDesign

Format Message Type 940 (MT940)

Use of SAP Integration Suite for a secure transfer

Basefee for one productiv SAP Business ByDesign tenant

Technical Information

Solution type APIs and Technical Components
Category Accounting and Financial Close
Industry Cross-Industry
Works with

SAP Business ByDesign

Resources

OnePager banking4cloud english

OnePager banking4cloud deutsch

OnePager banking4cloud Schweiz

Publisher