ELC Treasury Services’ Post

Integrating banking transactions with ERP systems gives real-time data access and streamlined processes, leading to improved decision-making. Seamless integration means leveraging APIs: https://lnkd.in/gW3VWWDU via @TGTreasurer

ERP Banking FAQs Remember that I posted a few days ago that I am writing a report that summarizes the frequently asked questions (FAQs) on the topic of #erp #banking received by bank and #fintech counterparts? Well, I have already some initial answers for you: > What are banks doing right now? They are partnering with specialized fintech vendors. > What are the ERPs that large and midsize banks are most commonly integrated with? SAP, Oracle Netsuite, Microsoft Dynamics, Sage, Xero and Quickbooks. > Where banks can differentiate? By becoming industry sector specialist. > Any capabilities are more required to be integrated? Cash management, collections, liquidity management. > Will ERP Banking become a commodity? Mostl likely, yes. Stay tuned. The in-depth analysis report on the same will be out in April.

Navigating global markets can be complex, but managing multiple currencies doesn't have to be. Our ERP solutions simplify your financial operations with seamless multi-currency management. Enjoy accurate reporting, real-time exchange rate updates, and streamlined workflows. For more info, Visit: www.ziperp.com Email us: info@ziperp.net Contact us: +91 85110 47333, +91 99256 33388 #ZipERP #ZipERPSolutions #ERP #ERPSoftware #Payment #Trading #TradingSolution #Transaction #CurrencyERP #ERPServices #ERPIntegration #IntegratedSolutions #DataManagement #ERPSystem

Interested in unlocking new payment use cases through embedded finance? From new point-of-sale opportunities, such as lending or adding on other services, to ERP integration for streamlined supplier payments and workflows. Strategic partnerships can help you realise the embedded finance opportunity. Register for our webinar: https://lnkd.in/eacC6s5e #visaeurope #embeddedfinance #partnerships

Why does liquidity management matter? It's about upping cash-flow, staying resilient in a shaky economy and keeping fraudsters at bay. Kyriba explores more here: https://lnkd.in/dNbfn7NW Follow ERP Today for the latest updates from the enterprise tech sector.

If you transform your SAP, transform your data too. - Corporates need accurate banking details for worldwide payments to avoid operational issues. - Even a small percentage of manual payment repairs can negatively impact customer experience, increase costs, and pose supply chain risks. - Manual repairs often spike when dealing with unfamiliar countries, changing bank details, or sanctioned institutions. - **LexisNexis® Bankers Almanac® Global Payments File ERP** helps corporates automate and maintain accurate bank data in their ERP systems. - This solution integrates with systems like SAP and Oracle, ensuring correct payment setups and reducing failures. - LexisNexis Risk Solutions maintains accurate, up-to-date data from primary sources, offering extensive coverage, especially in emerging economies. - A dedicated team of 140 analysts verifies data in 20 languages, ensuring its reliability. #data #bank master data #SAP Transformation

Did you know Aqilla is FCA approved? This allows us to deliver secure and reliable open banking access to the UK and EU financial ecosystems, saving valuable time when it comes to reconciling your organisation’s accounts. Find out more 👇 https://ow.ly/enhw50ReMZq #OpenBanking #FCA #CleverAccounting #CloudAccounting#AccountingSoftware #ERP #TrueCloud

#Adrifintech Accounts: #Navigating Financial Data with Expertise At Adrifintech Enterprise LLP, we possess a robust understanding of financial data—from #procurement all the way to #financialreporting. Our #team recognizes the #critical nature of timely vendor payments and the importance of P&L flash reporting during month-end cycles. Leveraging our deep knowledge of ERP data flows, we adeptly extract reports from diverse systems and provide insightful interpretations. Moreover, our critical #thinking abilities allow us to prepare schedules for #intangibles and #fixedassets reporting, taking into account their respective life cycles. #IFRS #USGAAP #SAP #Orcale #blackline

I believe an effective transfer pricing strategy is not just a matter of compliance, but a key driver of financial performance and operational excellence. If you're dealing with the complexities of data in Transfer Pricing and are curious about the latest advancements in Digital Transfer Pricing, consider attending our next webinar Wednesday 24th April at 12pm BST. This webinar is designed for Transfer Pricing professionals and Tax teams interested in the intersection of technology and transfer pricing. Whether you're struggling with data management, contemplating an ERP system upgrade, or looking to refine your OTP processes, this session will provide valuable insights to navigate the complexities and leverage technology for effective transfer pricing management. 📝 Register here: https://buff.ly/4aQAy7Q

Bank Accounts Reconciliations in Business Central They are so many clients out there that process the reconciliation outside the ERP system for several reasons. The most knows reason is they has been told their Bank are not linkable to BC; while this can be true, because your bank account is not listed on Business Central you have so many way to succeed and import your Business bank statement to the ERP system and finish your accounting circle. Here it is one example: 💡 make an xmlport to read that file into Business Central. 📄 Export your Bank Statement from your bank in an useful format , 🔎 Upload the File using the xmlport. Enjoy your reconciliation!!! #erp #businesscentral #dynamics365 #accounting