iBank – Your Solution for Seamless SAP-Banking Integration
Future of Accounts Payable Automation
iBank seamlessly integrates banking systems with SAP, eliminating manual tasks and providing real-time updates for financial transactions.
Features.
HERE IS HOW SAP Banking Integration TOOL (Ibank) HELPS YOU.
REAL TIME
The moment any payment comes in bank it gets updated in SA
SECURE
Data is exchanged with secure approved Bank interface
END TO END
No need to have separate developments done in SAP. Documents are updated through ABAP Addon of this solution
NO MANUAL ACTION
There is no manual interference in terms changing or updating records anywhere
Why Banking Automation Solution.
whY are SAP Customers ADOPTING this Automation.
SAP-centric solution acts as an add-on to your SAP system. It also uses SAP technology such as ABAP and Workflow. It is also integrated with standard SAP functions till document posting. It also provides customers with process efficiency, visibility and compliance values. It optimises and simplifies the process of receiving, managing, monitoring and routing payment documentation on all levels.
Features.
Features of ibank for bank interface management
DIGITALIZE THE INTEGRATION OF SAP WITH YOUR BANK
Automation
iBank automates the integration between banking systems and SAP, significantly reducing the need for manual intervention. This streamlines financial processes, minimizes errors, and ensures that transactions are processed efficiently.
Security
Put an end to overpayments
Security is a paramount feature of iBank. It employs advanced encryption and authentication protocols to protect sensitive financial data, ensuring that transactions are secure and compliant with regulatory standards.
End-to-End Financial Document Update
Final posting till SAP
iBank offers a comprehensive solution that manages the entire process from transaction initiation to financial document update in SAP. This ensures that all financial data is accurately recorded and available in real-time for reporting and analysis.
One Single Cockpit
Custom Rules for Accounts Payable Automation
The solution provides a unified interface, or “single cockpit,” where users can monitor and manage all banking transactions within SAP. This centralized view enhances visibility and control, making it easier to track and manage financial activities.
Trace Duplication and Unsourced Payments
Gain real-time insights into your data.
iBank includes robust functionality to identify and trace duplicate transactions and unsourced payments. This helps in maintaining data integrity and ensuring that all financial records are accurate and accounted for, reducing discrepancies and improving financial accuracy.
Easy INtegration.
integration Easy , Connector.
Ivim has connector for SAP and various other ERP’s
Do You have a Question for iBank
Our experts are around to help you any time.
SAP and Banking Integration Software FAQS- FREQUENTLY ASKED QUESTIONS
Q1 . Can Banking transactions be automated to be updated in SAP ?
Yes with ibank you can have real time update of any banking transaction to your customer virtual accounts account to SAP financial documents directly
Q2.Do we need any hardware set up for SAP and Banking integration?
No , its not required as ibank is SAS solution
Q3 .Can we make payments from SAP to Bank directly ?
Yes, You can make payments from SAP to bank and vice versa through this secure connector which is already running for SAP Customers who are integrating with banks like ICICI, HDFC , SBI and many more…