SAP Multi-Bank Connectivity

Connect banks and other financial institutions with corporate clients in a secure network owned and managed by SAP. SAP Multi-Bank Connectivity offers multiple services in a single channel, while supporting the implementation of new ones.

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Solution


Allow direct integration with payment approval processes.

 Eliminate file-based and middleware integration with a unified service-based offering with ERP.

 Add encryption and digital signatures to messages exchanged with financial institutions.

 Integrate SWIFT integration based on a partnership between SAP and SWIFT.

 Reach a large number of banks using a standard exchange protocol based on EBICS.

 Facilitate host-2-host connectivity to financial institutions.

Benefits


Create a multi-bank digital channel between your ERP system and your banks that offers built-in EBICS and SWIFT connectivity.

 Refine and simplify treasury operations by updating payment status and cash positions automatically in your ERP system.

 Automate error-prone manual steps associated with payment execution and reconciliation, cash order requests and order entry documents.

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