Accuity Enhances its Payment Data for SAP Systems with Local Language Data
Accuity has enhanced its financial institution data and routing information database for SAP systems through its Global Payment File-ERP XML (GPF-ERP XML). Designed to provide complete information on financial institutions for incorporation within the bank master table on any SAP system, the solution now offers a data file in local languages that may be used with Accuity’s Bank Master Update Programme to load bank data directly into the SAP bank master (BNKA).
GPF-ERP XML provides information on financial institutions in all countries around the world including head office and branch mailing addresses, department-specific contact information, SWIFT/BICs and national clearing codes – the information needed to process payments more efficiently and with fewer errors.
By providing bank data in a local language, including languages using a non-Latin character set, customers can quickly and easily effect a local payment within the respective country, such as China, that requires payments made with data in Chinese characters. Using a local payment method provides a lower-cost alternative to a non-local cross-border wire transfer. With this release, GPF-ERP XML will include data for Chinese bank locations in the Chinese character set; expansion to include other languages and character sets as required is planned for future releases.