Flexible treasury management connector
Treasury Connect is built to connect Dynamics 365 Finance with all the major Treasury Management Systems in the market, allowing you to fully automate the processing of bank statements and transactions with increased security. It comes with a fully-fledged error management area, allowing for error handling and resolution to be handled inside
The product allows you to process and manage the data the way you prefer it. You can activate a direct API integration which is provided in our Direct Connect module, use our global file import or you can use you own integration platform.
Some of the functionality that’s included in the product is:
- Field description parsing;
- Manual import of bank statement with ability to map fields;
- Increased reconciliation accuracy via field parsing functionality;
- Auto creation of bank statements globally;
- Integration monitoring area.
Challenges
Admin heavy processing of payments between the finance system and the bank portals
Manual processing introduces fraud and security risks
Multiple different bank portals for many global companies
Multiple payment file formats has to be managed
No central visibility of payment statuses
Ideal Solution
A payment platform that can automate payments between the finance system and banks
Remove human intervention from payment process
Use one standardised payment format
Bidirectional communication so payment status can be seen in the finance system
Target Outcomes
Free up time spent on processing payments
Increased security and compliance
Reduction in overall cost of managing payments
Gain better insight and control with payments
Prevention of fraudulent transactions
Solution providers
Accesspay
Kyriba
