Fast, automated processing of bank transactions.
Challenge for the customer
The complete processing of bank transactions, including matching payments with outstanding items within Microsoft Dynamics 365 / AX, is a time-consuming process. This becomes even more complicated if your organization has a lot of payments to process or has to deal with peak loads.
What is the solution
With Extended Banking you automatically process common digital bank statements and reduce the number of non-honored payment transactions. Common formats, such as MT940 and CAMT.053, are automatically read into Dynamics 365 / AX. This makes one by one processing of bank transactions a thing of the past. Transactions are read and processed without manual intervention. This way you save a lot of time and money.
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