Automate Korean firm banking on SAP S/4HANA Cloud Public Edition and keep the core clean
This solution integrates with SAP S/4HANA Cloud Public Edition, connecting companies to financial institutions through a Value Added Network (VAN). Businesses can handle remittances, bulk salary transfers, and bill payments directly within their systems. It runs as a side-by-side extension on SAP Business Technology Platform (SAP BTP) using the Cloud Application Programming Model (CAP), preserving the clean core of SAP S/4HANA.
Benefits
Eliminate manual banking workflows in finance operations
Finance teams reduce the hours spent on manual banking and reconciliation, lowering operational costs and the risk of errors from handling transactions outside SAP S/4HANA.
Maintain clean core compliance while extending SAP S/4HANA
This solution implements all firm banking logic as a side-by-side extension on SAP BTP, with zero modification to standard SAP S/4HANA Cloud Public Edition financial accounting and controlling processes. Customers automate their Korean firm banking operations while maintaining full eligibility for SAP's clean core lifecycle, including seamless quarterly upgrades and reduced regression testing.
Unify Korean won (KRW) and foreign currency banking on one platform
This solution combines KRW domestic banking and foreign currency operations—remittances, exchange rate management, and arrival notifications—into one Fiori workflow on SAP BTP. Treasury teams manage all transactions and reconciliations from a single platform, removing the operational fragmentation that typically exists between KRW and foreign currency processes.
Features
Make vendor payments fast and secure
Our solution enables companies to execute same-day vendor payments directly from SAP S/4HANA Cloud Public Edition. By managing requests and approvals, it reduces errors, enhances security, and accelerates transaction processing.
Optimize fund operations with seamless inter-account transfers
Companies can link their systems to banks to move funds between accounts, consolidate subsidiary accounts into a main account, or send scheduled payments to disbursement accounts on the same day. The process ensures security, speed, accuracy, and convenience.
View deposit and withdrawal history in real time
Stay on top of your corporate banking activity by receiving deposit and withdrawal transaction details directly in your ERP system in real time. Use the transaction data to create journal entries and ensure accurate, up-to-date financial management.
Plans and pricing
Standard Edition
Real-time vendor payments
Inter-account transfets
Includes one corporation and three banks
Includes one year of maintenance and technical support from the contract date.
Real-time vendor payments
Inter-account transfets
Includes one corporation and three banks
Includes one year of maintenance and technical support from the contract date.
Technical Information
| Solution type | Extensions and Add-ons |
| Category | Treasury and Working Capital Management |
| Industry | Banking, Cross-Industry |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
Public Firm Banking Customer Guide
Customer Success Stories
Use Case: Automating Korean Firm Banking on SAP S/4HANA Public Cloud Edition
Publisher
BIZNBANK CO., LTD.
BiznBank is a specialized firm in firm banking services, offering solutions such as KRW and foreign currency firm banking, Giro firm banking, and cash management systems. With a strong track record of delivering customized, secure, and reliable solutions to major corporations, universities, and small-to-mid-sized enterprises across Korea, BiznBank stands out for its exceptional technological expertise.
