Bank Payment System for Infor SunSystems

News

Latest updates on functionality and product versions.

The Bank Payment System is all you need

The BPS handles everything that you need to do with your bank accounts in SunSystems. Its payment processes let you handle individual or consolidated payments in local or foreign currency. Its statement handling processes book everything that you can find in your bank statement, including payments in and out, charges, interest and so on, automating everything it recognises and enabling easy manual management of the few remaining items.

Want to know more? Please contact us.


Bank Payment System solution for Cheques generation and printing

Our Bank Payment System for Infor SunSystems prints cheques for your suppliers just as easily as it sends electronic transfer instructions. Print cheques to your own design together with all the remittance details your supplier requires.

Want to know more? Please contact us.


No need to talk to the bank. Our Bank Payment System does it for you.

Using our Bank Payment System you can eliminate those more complex ways of communication. No more emails, no more calls. Our BPS generates complete electronic instructions for payments of any kind, and if you can get your statement electronically, no more journal entry either. BPS handles everything.

Want to know more? Please contact us.


It’s the Unexpected that Takes the Time

Processing a bank statement is easy if it’s simply a matter of matching payments to debtors and payments by creditors, but what about all those awkward things? Partial payments, payments that are just a tiny bit wrong, bank charges, interest charges or gains, and so on. All of these require extra journals. But the Bank Payment System does it automatically, as long as you can specify tolerance values and the criteria for recognising special transactions. Let the BPS do EVERYTHING for you!

Want to know more? Please contact us.


Bank Payment System can handle thousands of transactions daily.

One of the world’s largest manufacturers of float glass and fabricated glass products processes an average of about 2000 payment transactions per day using our BPS. These include payments for purchases made from the company’s plants all over Europe as well as hundreds of direct debits.

Want to know more? Please contact us.


Bank Payment System version 6.4.5 now available

We’ve just released version 6.4.5 of Bank Payment System, available for Infor SunSystems 6.2, 6.3, and 6.4.

The main enhancements include:

– Improved bank reconciliation matching (manual matching, payment reference driven by BPS setup, partial matching, etc.).

– New parameter for automatic summarization in Mark for Payment/Payment Execution function (payments can be automatically summarized by this option).

– Installer is now compatible with .NET 4.6 – 4.8.

– All work files are moved into Program Data folder, only the work files with the generated ledger transactions remain in the BPS Data folder.

Want to know more? Please contact us.


Get started with Bank Payment System in as little as 10 days

From the time you send us your final requirements, sample files, and bank specifications, we can supply an interface between our software and your banking application within 10 business days.

Want to know more? Please contact us.


Infor SunSystems and BPS are designed for swift integration and prompt user adoption

Sharing standard menus, operating styles, and database tables is just the beginning. Bank Payment System imports and reconciles bank statements automatically and posts transactions, bank fees, and other charges with proper analysis codes.

Want to know more? Please contact us.


If it´s worth doing, it´s worth doing fast

Reconciling monthly statement is a straight-forward process if it’s simply a matter of matching payments to debtors and payments by creditors. But what about partial payments, payments that are just a tiny bit wrong, bank charges, interest charges or gains, and so on? The Bank Payment System can do it automatically with pre-defined tolerance values and criteria for recognising special transactions. Put the power of BPS to work for you and free up valuable time and resources!

Want to know more? Please contact us.


Still thinking about it? This is what one of our clients has said about our BPS.

Bank Payment System posts bank fees and other charges automatically with the use of analysis codes that save countless hours reducing the month end closing process from days to a matter of hours.

Vladimír Kořen, Head of Accounting & Financial Systems, AXA Insurance Prague

Want to know more? Please contact us.