Fast, automated processing of banking transactions.
What are the challenges
The complete processing of bank transactions, including the settlement of 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 are the solutions
With Extended Banking, you automatically process common digital bank statements and reduce the number of unrequested payment transactions. Common formats, such as MT940 and CAMT.053, are automatically read into Dynamics 365/AX. This makes the one-by-one processing of bank transactions a thing of the past. Transactions are read and processed without manual intervention. This saves you a lot of time and money.