The CONVISTA Treasury Suite bank communication module responds to various needs that are not covered by the SAP standard. Thanks to our add-ons it is possible to process electronic payment files generated by non- SAP applications and make these external remittances incorporated into the approval flow and can be monitored from the standard payment monitor.
In addition, the CONVISTA BCM Agent facilitates the management of sending and receiving files between SAP and the SWIFT Service Bureau, moving the electronic files of payment (SEPA, MT101, etc.) and statements (N43, MT940) between the directories of folders linked to SAP and the Service Bureau.
It is also worth noting the interpretation function of the so-called “Acknowledges” (Acks), two messages that the SWIFT network sends and that allow the treasurer to confirm, in the first instance, whether the communicated electronic remittance has been correctly received by the SWIFT network and, secondly, if the remittance has been satisfactorily delivered to the bank.
SAP IHC In-House Cash
SAP IHC allows the creation of an internal bank with the possibility of configuring netting scenarios or payment factories
SAP Bank Communication Management
This module allows you to add payment orders and configure the electronic approval cycle following company policies. It has a payment status monitor and a bank statement monitor.