AMC Banking Enterprise for Microsoft Dynamics AX and 365 for Finance and Operations
AMC Banking Enterprise is for customers who needs a 100% secure transmission of data from Microsoft Dynamics AX and 365 for Finance and Operations to the bank. This means, there are no physical and unsecured payment files between Microsoft Dynamics AX and 365 for Finance and Operations and the bank.
AMC Banking Enterprise is developed by danish leading supplier of counseling and solutions within the field of bank integration. The solutions’ sophisticated functions are targeted at transaction heavy organizations. AMC Banking Enterprise makes it easy and safe to take the control of bank processes and cash flow to the next level with focus on the processes, performance and a high level of safety.
AMC Banking is the only bank solution on the market born with facilities for flexible communication across different bank systems and payment formats. The key words are import and export of payment messages through intelligent automated and centralized banking processes as well as a single effective controlled process from one single central place, Microsoft Dynamics AX and 365 for Finance and Operations. No matter if it is in regards to registration, in/out-going payments or reconciliations.
The solution is based on a standard Microsoft Dynamics AX and 365 for Finance and Operations platform using Microsoft Dynamics AX and 365 for Finance and Operations web-services for communication, including authorization and encryption, as well as the handling.
Automatic reconciliation of structured an unstructured incoming payments
Support of procuration for user approval
Secure approval of payments within AX and 365 for Finance and Operations
Time optimization – AMC Banking Enterprise uses “host to host” technology, therefore you can really save a lot of time, many of the processes are many automatically, hence you are not involved in them.
High security, encrypted data flow
It is impossible to change or interfere into the payments, or the information you get from the bank. All data flow is secured and based on encrypted transmission.
Support of “host to host solution”, no exchange of files.
In AMC Banking Enterprise you have to neither upload nor download any files, all transmission and communication do not involve file creation.
The account statements is imported and reconciled automatically (Batch). The reconciliation process is using several algorithms for reconcile the transactions. The reconciliations is graduated and you are able to review the process. Differences is easy to repost as well. Saves time and minimize personal incorrect entries.
Automatic handling of incoming payments
Using a unique algorithm, AMC Banking supports all types of incoming payment (structured and unstructured). The module group all data according to level of recognition (High, medium and low).
Centralized maintenance of bank formats
All bank formats are handled in the AMC Bank Data Conversion Service. No need to worry about maintaining bank formats manually.