Bank Payment Automation (BPA)
Processing bank payments such as vendor bills, customer refunds, and employee payments is a complicated and time consuming task.
Bank Reconciliation Process Simplified
Solution Overview
Processing bank payments such as vendor bills, customer refunds, and employee payments is a complicated and time consuming task. Your ERP may provide payment tracking and posting information, but it does not help make bank payments directly. Developed as an add-on to Dynamics 365 for Finance and Operations, BPA allows you to process bank payments directly from Dynamics 365 by establishing a secure connection between Dynamics 365 and the bank’s payment system.
High-level Functionalities:
- Generation of payment request on single click
- Full tracking of payment history
- Validation of payment transactions
Key Benefits | Features
- Process bank payments automatically
- Schedule payments for the desired period
- Reduce exposure to risk and error
- Save time by reducing the payment processing cycle
- Handle payments securely and accurately
