Banking

What is Banking?

Banking is a payment solution from Continia for Business Central users. This addition to your BC environment automates payment processes and gives you access to many different payment methods. A thorough payment validation is always handled in your Business Central environment, minimizing errors and optimizing security. Through direct communication with most banks, payments, status files, and account statements are automatically transferred to and from the bank, eliminating the time-consuming manually exporting and importing files. When approving and sending payments to the bank, you will immediately receive a receipt, so you are always aware of the payment flow. Incoming payments are also automatically processed and closed.

Functionalities of Banking

• Create payment proposals and send payments to the bank;
• Creating multiple payment journals;
• Payments to/from different bank accounts from each payment journal;
• 100% match on payment rules thanks to unique payment reference;
• Payment ID automatic replenishment;
• Payment validation;
• Merging outgoing payments;
• Visual overviews in the payment journal;
• Automatic generation of bank account information based on IBANs.

Benefits of Banking

• Payments are validated to meet bank file format requirements and avoid errors;
• You have the option to define multiple settings to determine how payment is made in the payment journal;
• Complete insight into the status of payments after it has been created in the payment journal;
• Account statements are imported, and the bank details are automatically mapped to the correct fields;
• After sending a payment, you will immediately receive a status message, with which any errors can be corrected immediately;

Automation of payments with Bizcuit and PSD2

Within our Banking solution for Microsoft Dynamics 365 Business Central, you can link bank details and payments in two ways: directly through your bank or through Bizcuit. This tool provides a solution for automating financial administration within Microsoft Dynamics 365 Business Central, supported by the PSD2 directive, which enables secure access to banking information and payment initiation through certified third parties. For banks without a direct connection to Business Central, Bizcuit offers a flexible connection so you can efficiently manage your payments. With an extensive license from the Dutch Central Bank (DNB), this solution guarantees reliable and secure services. This way, regardless of your bank, you can safely and efficiently streamline your financial processes.

Microsoft Dynamics 365 Business Central

Continia Banking is an addition to your Microsoft Business Central environment. Business Central is an ERP solution that is easy to implement and supports you in automating and connecting your business processes. Business Central is a SaaS solution, which means you decide what you need. Want to know more about Business Central? We are happy to help you.

Banking in the Microsoft AppSource

The Banking app is available in the Microsoft AppSource for your Business Central environment. In principle, you have the option to add this application to your environment without your implementation partner. However, your software may change and react unexpectedly. The team at Bluace is on hand to guide you in purchasing add-ons and ensuring a hassle-free expansion.