To achieve an Automated,
Faster and Securer Payment Process
Overview
A-Plus EFT Processing is an SAP Business One add-on that processes Vendor payments via Electronic Funds Transfer.
- Automate the creation of Electronic Funds Transfer (EFT) files for your bank, increasing efficiency, accuracy, and security.
- Eliminate expensive paper cheques and avoid duplicate data entry for a quick ROI.
- Integrates seamlessly with SAP Business One.
The Solution
EFT File Creation
- Creates EFT Payment and Direct Debit files in the format required by your bank.
- Makes use of SAP Business One routines.
- Hundreds of bank formats supported, others created on request.
- Also supports Positive Pay file formats.
EFT Bank File Generation
EFT Bank Details
- Holds bank details for Vendors.
- Warns if duplicate Vendor EFT bank details are entered.
- Supports user-definable screen labels to reflect bank terminology.
EFT Bank Information & EFT Bank File Type
Remittance Advices
- Email Remittance Advices using SAP Business One functionality.
- Send them to EFT-specific Vendor email addresses.
- Configure to work with posted or unposted batches.
Security Features
- 2-step approval process for changes to EFT bank account details.
- Option to encrypt bank details and only display a masked version.
- Optional password protection of emailed Remittance Advices.
- Extensive audit logging of changes and transactions.
- Supports multiple secure hashing algorithms.
- Deletion of inactive EFT details.
Additional Features
