B4B for Infor SunSystems
Summary
B4B for Infor SunSystems
Allows seamless processing of payment batches generated in the SunSystems ledger
Features
Bank & Format Specific Bank Details
B4B provides specific data fields for the capture of bank details that are designed to meet the requirements of your bank and the type of payment you are making, rather than providing a generic set of fields which can be inaccurate and lead to errors. B4B formats cover Cross Border and Domestic payments along with a broad range of global payment types and standards.
Approval Workflow & Alerting
B4B provides approval workflow to enable better management of bank details and ensure that changes are dealt with through the correct segregation of roles. Approvers for each Business Unit and Bank Format are alerted through email, providing a link back into the system. Bank Details are locked for use until the required approvals are completed. All approvers have access to a full audit trail of field level changes over time and change requests require a comment to be lodged by the requestor.
Error Reporting & Management
B4B uses extensive business rules to map bank details to the payment batch based on the type of payment, the bank format in use and the payment currency. This allows the generation of errors where bank details are not available, incorrect or waiting for approval.
Error management means that bank detail changes to address errors can be made at the time of batch processing and does not require payment reversal in SunSystems.
Error management means that bank detail changes to address errors can be made at the time of batch processing and does not require payment reversal in SunSystems.
Remittance Generation & Dispatch
B4B allows for the generation of remittances after a payment batch has been processed. Remittances can be designed to meet an organisations requirements with logos and layout adjusted using a built in report designer.
Remittances can be set up for each Business unit and bank format to meet global requirements. Despatch of remittances is typically through email using the suppliers contact details held in Infor SunSystems. Email messages can be defined and managed by the user.
Remittances can be set up for each Business unit and bank format to meet global requirements. Despatch of remittances is typically through email using the suppliers contact details held in Infor SunSystems. Email messages can be defined and managed by the user.
Payment Batch Control & Reporting
B4B provides immediate visibility of all payment batches that have been generated in Infor SunSystems. Payment batches include all transaction details and provide the user with the assurance that all supplier details have been mapped into the batch using the correct bank payment format. Details can be sorted, filtered and grouped for easy interrogation of data.
Due to the deep integration with Infor SunSystems, there is no need to upload data into B4B, since the payment batch is recognised and processed automatically through the integration. Professional Advantage has many years of experience in working with SunSystems to provide fully integrated solutions.
Due to the deep integration with Infor SunSystems, there is no need to upload data into B4B, since the payment batch is recognised and processed automatically through the integration. Professional Advantage has many years of experience in working with SunSystems to provide fully integrated solutions.