Enjoy integrated and direct bank communication from your Microsoft Dynamics 365 Finance and Operations or Microsoft Dynamics AX system to your bank. Through a simplified User Setup, you will be able to comfortably execute any type of domestic or international payment throughout your local or global operations.
Payments are securely transmitted from your ERP system to the bank, supporting standards such as SEPA, ACH, BACS, IAT and many more.
As vendor payments are posted in Microsoft Dynamics 365 Finance and Operations, (or Microsoft Dynamics AX 2012 and Microsoft Dynamics AX 2009) the system will automatically process the outbound transmission of the payments to be executed by your bank (or multiple banks). In other words, you are able to consolidate outbound files from multiple payment journals within your system.
Increase Security – Direct Transmission
Payment processing is centralized and automated with our Vendor Payment software. Your communications to and from any bank are seamless and secure. Your internal IT team will be in full control of security parameters, with all of your sensitive financial information transmitted directly between Microsoft Dynamics 365 Finance and Operations/Microsoft Dynamics AX 2012/Microsoft Dynamics AX 2009 and the bank.
Our Vendor Payment Software Features
Enhance your Microsoft Dynamics 365 Finance and Operations/Microsoft Dynamics AX 2012 and Microsoft Dynamics AX 2009 accounts payable processing with the power of our Vendor Payment Automation features:
Simplified user setup
Execute fully unattended file transmissions to the bank, protecting your printed checks
Automate electronic vendor payments around the world: US-ACH, SEPA, BACS, IAT, and more
Fully automate payment processing with inbound/outbound files and journal updates
Transmit files securely to the bank using integrated communications support
Automated and configurable email remittance, with both standard and custom layouts
Consolidate outbound files from multiple payment journals
Support for any payment standard globally (SEPA, ACH, BACS)
Support for any payment type globally (Domestic, International, Reference Payments, CCD+, PPD, CTX, and many more)
Integrated bank communications support
Posting of actual FX currency rates
Delayed payment rejection reversal
Bulk loading of banking vendor detail information
Header/Trailer support, block fill, File ID Modifier
Banking holiday calendar
Archiving of uploaded files
Support for Wire, Purchase Card, Virtual Pay, Outsourced Check Printing, and more
Security Enhancements to SK Global’s Vendor Payment Software
An option for Vendor Payment Automation users is our Foreign Exchange Automation enhancement. It minimizes your currency risk when processing multi-currency payments. You will also get the best exchange rates. This is ideal for global companies.
Learn More about SK Global’s Vendor Payment Software
You are more than welcome to talk to your Microsoft Dynamics 365 Finance and Operations/Microsoft Dynamics AX provider or contact us to learn more about our Vendor Payment Automation software through the link below.
Empowering accounts payable departments with the tools to execute critical functions both efficiently and securely is our goal
Our electronic vendor payment feature broadens your ability to make payments faster, while our positive pay/safe pay tool protects your printed checks without hassle.
Guaranteed file transmission to the bank, securing your printed checks at all times
Simple or custom email notification to vendors receiving electronic payments
Streamlined upload process that’s easy to understand and design just like Microsoft Dynamics 365 Finance and Operations
Bulk-loading of vendor detail information for electronic payments
ZERO additional data entry to prepare files for transmit to the bank
Rest assured that the payments leaving your organization are protected against fraud and will be transmitted safely to your bank. You’ll benefit from an extra layer of security inside your walls as well.
Additional vendor payment protection beyond AX, including account and amount security
Format support for banks all over the world ... we’ll scale with you during a bank change
Developed by banking and treasury experts, trusted by over 1,450 customers globally
Fully integrated with Microsoft Dynamics 365 Finance and Operations,Microsoft Dynamics AX 2012 and Microsoft Dynamics AX 2009.