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Ingold Multibank

Partner Developer:

Ingold Solutions GmbH

Business Apps:

Banking

Ingold Solutions offers an advanced Ingold Multibank Add-on which enables direct online banking access and payment execution from SAP Business One®.

Ingold Multibank add-on is designed for Germany, Austria, Belgium, France, the Netherlands, Romania, Slovakia, the Czech Republic, and Hungary. Featured in SAP SME Innovation Program, the add-on automates banking transactions and recon processes.

Ingold Multi Bank Add-on for SAP Business One represents a significant enhancement to the financial management capabilities of the SAP Business One software suite. This extension is designed to address the growing complexity of financial transactions and the need for businesses to manage multiple bank accounts efficiently. It offers a range of features and benefits that streamline banking operations, improve financial visibility, and enhance overall business efficiency.

Following are the key features of Ingold Multi Bank Add-on:

  1. Multiple Bank Account Management: Our add-on allows businesses to seamlessly manage multiple bank accounts within a single interface. Users can create and maintain records for various bank accounts, including checking, savings, and foreign currency accounts.
  2. Bank Reconciliation: Efficient reconciliation processes are critical for accurate financial reporting. Our extension fetches the transactional data in real time from bank and provides tools to reconcile bank statements with accounting records, helping businesses identify discrepancies and ensure financial accuracy.
  3. Payment Processing: Our add-on gives Users the possibility to initiate and process payments directly from within SAP Business One to Bank. Thus, reducing the manual intervention on uploading the data on banking portals or manual payment processing.
  4. Security and Compliance: Robust security features are essential to protect sensitive financial data. The extension typically incorporates security measures to safeguard bank account information and ensure compliance with financial regulations, such as data encryption and user access controls.
  5. Integration with SAP Business One: Seamless integration with the core SAP Business One ERP system ensures that financial data flows smoothly between various modules, such as accounting, inventory management, and sales, providing a holistic view of the business’s financial health.
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