Key Features | Bank Payment System for Infor SunSystems

Why is Our BPS Better?

The BPS imports and reconciles bank statements automatically.

Deeply integrated with Infor's SunSystems accounting software - sharing standard menus, operating style and database tables.

The BPS posts bank fees and other charges automatically with all other appropriate analysis codes.

Generation of outgoing Electronic Payment Instructions

Selection of overdue or forced payments as well as direct debit transactions

Multi-level approval processes

Multiple currency payments

Multiple bank accounts

Payments in local, foreign and SEPA formats

Advance payments (from additional ledger)

Optional settlement of Creditor and Debtor accounts at the moment of payment

Full tracking of payment history

Upload of electronic bank statement files

Automatic matching (with defined tolerance) against open Creditor and Debtor invoices

Automatic handling of direct bank payments

Advanced options for manual matching (including splitting) of unmatched transactions

Self-learning feature for automatic recognition of Debtor payments

Ledger transaction generation via ledger import, with no manual entry

Automatic handling of bank charges

Provision for assisted manual matching (including splitting) of unmatched transactions