Integrated Banking Option Inside Erp
Nowadays, an efficient ERP system is becoming a common necessity for every business. To ease the process of managing all the operations of the business. Almost all organizations are adopting ERP but have you ever thought about what is lacking with current ERP systems? What part of the business is still not explored by ERP solution providers?
Ever thought of integrating a banking system within the ERP? Earlier it was not possible but now it is, and this can transform the way accounting works today. An ERP system with a smart banking solution can provide flexibility to perform detailed orientation of financial tasks needed by a business.
Presently, most of businesses are using ERP systems integrated with applications that manage ongoing processes of the organization such as managing accounts, handling the efficiency of the workforce, the security of the company’s financial data, and much more. For this, they rely on other sources for managing the financial payments which seems to be a serious problem. This is no longer a concern as banking and ERP systems have come under one roof.
ERP can now perform Auto-Bank Reconciliation of bank statements and explore unbeatable banking features such as Real-time payments, and bank statements within ERP.
DataNote ERP Benefits
Auto-Bank Reconciliation
Gone are the days of manual reconciliation. Experience Auto Auto-Bank Reconciliation features with bank integration within ERP
Real-time Payments
Real-time direct payments through DataNote ERP (NEFT/RTGS/IMPS/Fund transfer)
Advance Payment Scheduling
Now you can schedule your future payments in advance as per your business requirements
Fraud-Less Cheque Printing Facility
Move to a Fraud-less and secured Internet-based cheque printing facility.
Real-time Balance Check
With an integrated banking facility, you can now check your bank balance in real time.
Bank Statement within ERP
Now view your online bank statement inside ERP.
Features of adding banking module in ERP
Hybrid In-Memory Computing
It is for fast data processing, real-time updates, and timely decisions
Industry Ready Templates
It is used to reduce deployment time with vertical-specific customization
Thin Client Solution
It enables users to log in from anywhere to monitor all operations seamlessly
Interconnected Modules
It eliminates data duplication, manual processes, and sleek communication
Security Mechanisms
It stops threats while ensuring easy and quick access for authorised users
Powered by advanced BI
It provides reports via intuitive and customized dashboards
The integration of business banking with an ERP solution eases financial activities and can also maintain all the accounts on one platform.
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