D365 Business Central
Business
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Manual handling of transactions and reporting accounts is one of the most time-consuming processes of all. By letting technology take over, you save time, reduce costs and work more efficiently. Continue reading
Manual handling of transactions and reporting accounts is one of the most time-consuming processes of all. By letting technology take over, you save time, reduce costs and work more efficiently. Continue reading →
1. Connect your ERP system to XTendLink, our centralized Bank Data Conversion Server. Complete with thousands of maintained formats. |
2. AMC handles the maintenance of all bank formats on an external server, this means you always have access to the newest formats without installing hotfixes. |
3. Get access to all the developed payment types, right in your ERP system. This usually includes Domestic ACC2ACC, Express payments, Reference payments, SEPA payments and International ACC2ACC. |
4. Our module adds all the extra fields necessary for a complete payment file, this means no manual work needs to be made in the payment files. |
5. Access to AMC’s flexible payment approval system. Create approver rules in XTendLink and secure your payment processes. See security features below. |
6. Extended Localization based payment types such as FIK, KID, GIRO, Wires, SEPA and many more are supported. |
7. Automatically generated remittance report, showing what invoices are paid. Ready to be emailed to the vendor with the click of a button. |
8. Collective payment can be used when paying multiple invoices to the same vendor at once, can in many cases substitute the remittance report. |
9. Supports the use of Positive Pay files, recommended for avoiding check fraud. |
10. Free naming of payment files to account for some banks specific filename requirements. |
1. Import bank statements from hundreds of banks into your ERP system, thousands of formats supported. XTendLink recognize the bank statements automatically and import your data correctly. |
2. AMC’s reconciliation functionalities are using intelligent algorithms to match payments with open invoices using high, medium, low matching rates. A correctly set up system can automatch over 90% of your incoming payments automatically, structured and unstructured. |
3. Automatch your payment lines, using the statement text. The system scans for information such as invoice number, account name etc. |
4. Automatch your payment lines, using transaction references, to increase matching percent. If the bank supply the files with extended reference numbers, these are scanned as well. |
5. After the automated reconciliation process all proposals are created for the “left overs” |
6. Get a complete overview of all your payment related information, such as statements, transaction details, customer payments and vendor payments centralized from all your banks in XTendLink. |
1. Lumb posting and incoming payments automatch. Reconcile and automatch all account statement files as well. Automatch your customer invoices with open invoices. |
2. Intelligent automatch algorithm used to increase the automatch percentage. |
3. Use search strings to minimize your manual workload. |
4. Import Lockbox files, FIK, KID, CAMT054 to automatically reconcile all your structured payments. |
1. Access our XTendLink WebService for a complete overview of all your cash management related activities, centralized for all your banks in one place. |
2. Do you have other financial systems? Connect these to XTendLink as well to centralize all your business data. |
1. Review all your connected bank accounts and have an overview of all your data from all banks in one place, XTendLink. This extends to all incoming customer payments and all outgoing vendor payments. |
2. Easily verify whether you have received all statements from your bank or any have missed or failed to import. |
3. Trace acknowledge reportings from bank to the transaction. |
4. If your bank provides status reports and feedback of current exchange rates, these reports can be imported with STP, so you can have a complete overview of the payment progress in your payment journal. |
1. Set up intelligent approval workflows for your payments. The approval process can either happen in the ERP System (with AX and D365FO) or In XTendLink. If the approval process happen in XTendLink the approvers doesn’t have to be ERP users. Approve payments based on pre-set rules. |
2. The system supports 4-eye principle when approving payments, meaning that no one can approve payments alone. |
3. Receiver bank account monitoring and approval workflow. If a receivers bank account information changes, the change needs to be approved by the receiver before a payment can be executed. |
4. TOTP, time based onetime password support. Payment approvals can be set up to require TOTP, to prevent unauthorized access. |
5. For certain banks it is possible. |
1. Bank format validator, all our formats have included the specific validations, this means we will validate if any fields are missing from your files before you upload to the bank. |
2. All formats are updated by us in XTendLink, this means you never have to worry about whether your formats are up to date ever again. If your payment file is missing something you will get helpful suggestions and links to fixing these errors. |
3. We are continuously adding more banks and formats to our portfolio, if you are missing a specific bank, please request it here. |
1. It is only possible to have 4 approvers on the Plus solution, this number is unlimited on the Enterprise solution. |
2. In each import and export there is a maximum of 200 lines in each journal to ensure not overworking our shared servers. This number is unlimited on the Enterprise Solution. |
3. For a few Danish bank it is possible to establish a Host2Host connection on a Plus solution, the number of supported banks greatly increases on an Enterprise Solution. |
1. Connect your ERP system to XTendLink, our centralized Bank Data Conversion Server. Complete with thousands of maintained formats. |
2. Send domestic and international payments in common payment types to your bank. |
3. AMC handles the maintenance of all bank formats on an external server, this means you always have access to the newest formats without installing hotfixes. |
4. The system validates your payment files before they are sent to the bank, to minimize time wasted on uploading payments files which contain errors. |
5. Batch pay invoices from the same vendor and save time and money on Bank fee’s. |
1. Import bank statements from hundreds of banks into your ERP system, thousands of formats supported. XTendLink recognize the bank statements automatically and import your data correctly. |
2. Unlimited transactions in each statement, import bank statements in the interval you choose. |
3. Automatch your payment lines, using the statement text. The system scans for information such as invoice number, account name etc. |
1. AMC handles the maintaining of formats and servers |
2. You get 1 user access to AMC Service Desk where our team of experts are ready to answer all your questions. |
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