Electronic Banking
app for Microsoft Dynamics 365 Business Central

Electronic banking in ERP system: Integration with local banks in multiple countries

Electronic Banking is an extension of the standard electronic banking functionality in the ERP Microsoft Dynamics 365 Business Central system. Our solution enables the integration of the system with banks. It improves the handling of payment transfers to banks and the import of bank statements, as well as the settlement of payment transactions in Business Central.

 

It includes:

  • Electronic Banking Base App with complete and enhanced online banking functionality, and
  • Electronic Banking Extension applications that enable data exchange with banks via dedicated interfaces and integrate with local Business Central functionality in individual countries.

 

The solution enables the user to standardize electronic banking processes and use interfaces that allow for electronic data exchange between the application and banks the companies cooperate with in different countries.

 

Electronic Banking is addressed to both companies operating in one country and global companies. It ensures standardization and effective handling of electronic banking processes. By facilitating the exchange of data with many banks in different countries, our solution guarantees companies worldwide better cooperation with their international contractors.

What problems can be solved with Electronic Banking?

  • Integration with banks in different countries

    Methods and rules for exchanging payment data that companies must comply with may vary...

    Integration with banks in different countries

    Methods and rules for exchanging payment data that companies must comply with may vary depending on the bank or country. Specific requirements are also related to local legal regulations on electronic banking and necessary integration with a local Dynamics 365 Business Central functionality.

     

    The solution enables companies working with Business Central in different countries to properly manage electronic banking processes by implementing dedicated interfaces, available within the Electronic Banking Extension applications.

  • Time reduction and automatization

    Our application provides shorter and automated handling of banking operations (such as exporting transfers...

    Time reduction and automatization

    Our application provides shorter and automated handling of banking operations (such as exporting transfers and importing bank statements). It offers advanced search algorithms and data mapping capabilities for efficient processing of multiple bank statements. It also accelerates accounting processes.

  • Standardization

    Global companies are supported by the standardized electronic banking process across countries, and the...

    Standardization

    Global companies are supported by the standardized electronic banking process across countries, and the flexibility to set up data exchange with individual banks.

  • Flexibility

    Flexible definition of the format of exported and imported files on the basis of...

    Flexibility

    Flexible definition of the format of exported and imported files on the basis of payment proposals and bank statements.

  • z

    Functionality of Electronic Banking

  • Payment Proposal Templates

    Payment Proposal Templates

    The payment proposal template allows you to set up a connection between the banking interface available within the Electronic Banking Extension application for a given country and a bank account specified in Dynamics 365 Business Central. For each bank interface, you can define more than one template.

    Payment proposal templates allow the user to predefine and handle multiple transfer scenarios for a selected bank account.

    Electronic Banking - Payment Proposal Templates

     

     

  • Generating Payment Proposals

    Generating Payment Proposals

    Electronic Banking reduces the time required to create transfer orders to a necessary minimum. The process can be fully automated by defining a payment proposal template and using the Suggest Payment function.

    Suggesting payments enables you to automatically create payment lines for unapplied vendor or customer entries. Thanks to these functions, the user’s role comes down to indicating the entries for which payment is to be made and sending the generated transfer orders to banks in the form of payment proposals.

    Payments suggested by the system can be changed or deleted. You can also enter transfer orders manually.

    Electronic Banking - Paczka przelewów

     

     

     

  • Payment Proposal Export

    Payment Proposal Export

    You can generate and send transfer orders to the bank with just one click. Payment data can be exported to banking systems as files or be automatically transferred by using the Web Service or host-to-host technology.

  • Importing Bank Statements

    Importing Bank Statements

    This functionality allows you to import bank statements from files downloaded from a bank’s system or download them by the using Web Service or host-to-host technology. Imported bank statement data is processed within a dedicated data structure in the application in order to settle payments it with invoice entries. The settlement process uses advanced settlement suggestion and data mapping features to automatically search for vendor, customer, and employee accounts for each bank statement line.

    Based on archived payment proposal data, relevant transfer files are generated and sent within individual banking interfaces.

    As part of the extended import functionality, the processes of bank statement recording and reconciliation (settlement) in Business Central are much more efficient and error-free.

    Electronic Banking - Importing Bank Statements

  • Defining payment priorities

    Defining payment priorities

    Users can define payment priorities and payment amount limits. The application raises the efficiency of managing your financial assets thanks to the automated payment processes and flexibility in handling payment settlements for employees and contractors.

    Electronic Banking - Defining Payment priorities

  • Archived Payment Proposals

    Archived Payment Proposals

    Completed payment proposals are stored as read-only archived payment proposals. They are a source of historical data about transfers made to banks. Archived payment proposals contain data on the basis of which new transfers are generated within different bank interfaces offered in Electronic Banking Extensions. They are also used to automatically suggest the settlement of bank statements.

    Electronic Banking - Archived Payment Proposal

  • Electronic Banking Register

    Electronic Banking Register

    The Electronic Banking Register page displays all transfer operations performed in Electronic Banking.

  • User roles in working with payment proposal and bank statement

    User roles in working with payment proposal and bank statement

    The application allows you to set up the workflow for electronic banking users and manage their permissions. You can assign appropriate roles to users to handle each step of the payment process. Depending on the role, the user can create, accept, and post bank statements or payment proposals.

    Electronic Banking - User roles

  • Flexible interface

    Flexible interface

    Files in the MT 100 (for transfer orders), SEPA (EUR) and MT 940 (for bank statements) formats are commonly used as standard formats for data exchange between the bank and external systems. To some extent, each bank can adapt these standard formats to its own requirements, which means that the final data formats differ between banks. Electronic Banking enables flexible selection of formats for exported and imported files. All required formats are supported in bank interfaces available within Electronic Banking Extension applications. The Base App supports only the pain.001.001.03 format – that is also used in the standard Business Central application.

  • Communication and data exchange with banks

    Communication and data exchange with banks

    Communication with bank systems within Electronic Banking can be performed based on file exchange and direct data exchange with the use of web service and host-to-host technologies. Interfaces that support communication and data format types specific for particular banks are delivered within the Electronic Banking Extensions application.

  • z

    Payment Proposal Templates

    The payment proposal template allows you to set up a...

    More

    Payment Proposal Templates

    The payment proposal template allows you to set up a connection between the banking interface available within the Electronic Banking Extension application for a given country and a bank account specified in Dynamics 365 Business Central. For each bank interface, you can define more than one template.

    Payment proposal templates allow the user to predefine and handle multiple transfer scenarios for a selected bank account.

    Electronic Banking - Payment Proposal Templates

     

     

    Generating Payment Proposals

    Electronic Banking reduces the time required to create transfer orders...

    More

    Generating Payment Proposals

    Electronic Banking reduces the time required to create transfer orders to a necessary minimum. The process can be fully automated by defining a payment proposal template and using the Suggest Payment function.

    Suggesting payments enables you to automatically create payment lines for unapplied vendor or customer entries. Thanks to these functions, the user’s role comes down to indicating the entries for which payment is to be made and sending the generated transfer orders to banks in the form of payment proposals.

    Payments suggested by the system can be changed or deleted. You can also enter transfer orders manually.

    Electronic Banking - Paczka przelewów

     

     

     

    Payment Proposal Export

    You can generate and send transfer orders to the bank...

    More

    Payment Proposal Export

    You can generate and send transfer orders to the bank with just one click. Payment data can be exported to banking systems as files or be automatically transferred by using the Web Service or host-to-host technology.

    Importing Bank Statements

    This functionality allows you to import bank statements from files...

    More

    Importing Bank Statements

    This functionality allows you to import bank statements from files downloaded from a bank’s system or download them by the using Web Service or host-to-host technology. Imported bank statement data is processed within a dedicated data structure in the application in order to settle payments it with invoice entries. The settlement process uses advanced settlement suggestion and data mapping features to automatically search for vendor, customer, and employee accounts for each bank statement line.

    Based on archived payment proposal data, relevant transfer files are generated and sent within individual banking interfaces.

    As part of the extended import functionality, the processes of bank statement recording and reconciliation (settlement) in Business Central are much more efficient and error-free.

    Electronic Banking - Importing Bank Statements

    Defining payment priorities

    Users can define payment priorities and payment amount limits. The...

    More

    Defining payment priorities

    Users can define payment priorities and payment amount limits. The application raises the efficiency of managing your financial assets thanks to the automated payment processes and flexibility in handling payment settlements for employees and contractors.

    Electronic Banking - Defining Payment priorities

    Archived Payment Proposals

    Completed payment proposals are stored as read-only archived payment proposals....

    More

    Archived Payment Proposals

    Completed payment proposals are stored as read-only archived payment proposals. They are a source of historical data about transfers made to banks. Archived payment proposals contain data on the basis of which new transfers are generated within different bank interfaces offered in Electronic Banking Extensions. They are also used to automatically suggest the settlement of bank statements.

    Electronic Banking - Archived Payment Proposal

    Electronic Banking Register

    The Electronic Banking Register page displays all transfer operations performed...

    More

    Electronic Banking Register

    The Electronic Banking Register page displays all transfer operations performed in Electronic Banking.

    User roles in working with payment proposal and bank statement

    The application allows you to set up the workflow for...

    More

    User roles in working with payment proposal and bank statement

    The application allows you to set up the workflow for electronic banking users and manage their permissions. You can assign appropriate roles to users to handle each step of the payment process. Depending on the role, the user can create, accept, and post bank statements or payment proposals.

    Electronic Banking - User roles

    Flexible interface

    Files in the MT 100 (for transfer orders), SEPA (EUR)...

    More

    Flexible interface

    Files in the MT 100 (for transfer orders), SEPA (EUR) and MT 940 (for bank statements) formats are commonly used as standard formats for data exchange between the bank and external systems. To some extent, each bank can adapt these standard formats to its own requirements, which means that the final data formats differ between banks. Electronic Banking enables flexible selection of formats for exported and imported files. All required formats are supported in bank interfaces available within Electronic Banking Extension applications. The Base App supports only the pain.001.001.03 format – that is also used in the standard Business Central application.

    Communication and data exchange with banks

    Communication with bank systems within Electronic Banking can be performed...

    More

    Communication and data exchange with banks

    Communication with bank systems within Electronic Banking can be performed based on file exchange and direct data exchange with the use of web service and host-to-host technologies. Interfaces that support communication and data format types specific for particular banks are delivered within the Electronic Banking Extensions application.

    Availability for businesses in different countries

    Methods and rules for exchanging payment data that companies must comply with may vary depending on the bank or country. Companies in different countries can properly manage electronic banking processes by implementing dedicated interfaces, available within the Electronic Banking Extension applications. The electronic banking functionality and bank interfaces have been released for the following countries: Albania, Belgium, Czechia, Denmark, Finland, France, Germany, Hungary, Italy, Kosovo, Lithuania, Norway, Poland, Slovakia, Spain, Sweden, Switzerland, Ukraine, United Kingdom. IT.integro is constantly working on developing interfaces for other banks and countries. Information about them is available the application documentation web pages.

    Check on AppSource
    Electronic Banking extensions

    Price list

    Subscription

    online

    on-premises

    Electronic Banking Base App

    0

    Extension

    1 bank

    50

    / month

    2-3 banks

    45

    / month

    4-10 banks

    40

    / month

    > 10 banks

    Individual price estimate

    Perpetual license

    on-premises

    Electronic Banking Base App

    0

    Extension

    1 bank

    1500

    + EP

    2-3 banks

    1350

    + EP

    4-10 banks

    1200

    + EP

    > 10 banks

    Individual price estimate

    In the case of the Perpetual License, the prices are increased by the Enhancement Plan (EP) fee.

    Ask me about the application

    Electronic Banking

    Product specialist

    Magdalena Stypczyńska

    Senior Sales Specialist

    Contact me

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