Confirming payments in SAP Business ByDesign with a bank file generator
Initiate confirming payments from SAP Business ByDesign and download the confirming bank file generated automatically with the mass payment orders thanks to this add-on.
Benefits
Automate the confirming process and speed up management in SAP Business ByDesign
Benefit from bank confirming and take control of the entire payment process by keeping your accounting and treasury instantly connected in a real time.
Meet legal criteria of the Spanish entity, Asociación Española Factoring (AEF)
Obtain files that conform and comply with the banking format established in AEF meeting the official requirements and is valid for suppliers in the eurozone.
See an exclusive and fully integrated visible menu in reports and views
Optimize management and check balances globally by supplier with user-friendly, payables-related menus available in reporting to have all information at a glance.
Features
Pay in SAP Business ByDesign
Initiate the confirming payments manually or in bulk, set a bank processing date, and take full control of the financial process from SAP Business ByDesign.
Download the confirming bank file
Automatically generate the bank file of all payment orders and keep your payables accounts up to date and ready for quick reconciliation on bank statements.
Upload and reconcile confirming transactions
Upload the bank file into your online banking application and once the bank statement is ready, perform an easy and streamlined reconciliation in SAP Business ByDesign.
Plans and pricing
Standard edition
All functions included
Unlimited users
- + EUR 850.00 Setup Fee
- Minimum contract 1 year
All functions included
Unlimited users
