More NewsBank Of America Introduces SAP – Certified Interface for International Cash Management Clients’ Full Financial Cycle

Bank Of America Introduces SAP - Certified Interface for International Cash Management Clients' Full Financial Cycle

This seamless interface eliminates the need for clients to spend time and money developing their own interfaces in order to link their enterprise system to their bank. The new software, ‘Bank of America Enterprise Gateway’ , is one of the first software applications allowing clients to transmit payment and collection orders directly from their SAP R/3 solution to the bank and to automatically accept account reconcilement information from the bank. ‘By providing a single ‘gateway’ to the bank’s global payments and collections networks, Enterprise Gateway will provide clients with improved connectivity with their financial institutions,’ said Keith Tayler, Vice President Product Development-Information Technology, Bank of America Global Treasury Services. ‘This seamless interface eliminates the need for clients to spend time and money developing their own interfaces in order to link their enterprise system to their bank.’

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha