Transform Your Payment Operations

In today's complex digital payment landscape, managing reconciliation for SAP accounts receivable and payable across multiple payment technologies has become increasingly challenging. Manual reconciliation processes are time-consuming, error-prone, and create significant risks. Finance teams spend countless hours manually reconciling transactions across different payment systems. Disparate payment solutions across departments lead to multiple PSP contracts and reconciliation headaches. Manual processes increase vulnerability to fraud and compliance risks, while lack of real-time visibility makes it difficult to track and resolve payment exceptions. Growing digital payment channels create more reconciliation complexity.

Comprehensive Solution Modules

The Automated Reconciliation Engine provides direct reconciliation to SAP FI without additional middleware, featuring real-time transaction tracking across multiple PSPs and merchant accounts. It delivers automated matching and exception handling, GL number and BP number direct processing, support for batch and real-time funded events, and enriched transaction metadata with Business Partner numbers.

The Fraud Prevention & Security module enables real-time fraud detection using Amazon Fraud Detector and continuous learning ML models for fraud prevention. It includes account holder verification service with OFAC and tax number validation, automated controls between transaction processing and core accounting, and comprehensive audit trails and compliance controls.

Account Verification Services deliver bank account validation and verification, tax identification number verification, and OFAC compliance checks. The module maintains audit trails, validates vendor master data, and provides automated verification workflows for streamlined operations.

Payment Analytics & Visibility offers a unified dashboard for all payment channels with real-time transaction monitoring and advanced reporting capabilities. Users gain access to exception tracking and management, performance analytics and insights, and complete multi-PSP transaction visibility.

Technical Integration

The solution is built on AWS using the SDK for SAP ABAP and supports SAP NetWeaver 7.4 and above. It is compatible with SAP S/4HANA, SAP BW/4HANA, SAP ERP 6.0 EHP 7, SAP BW 7.4, SAP Solution Manager 7.2, RISE with SAP, and SAP Private Cloud Edition. Integration is achieved through SAP PrivateLink service with no additional middleware required.

Business Benefits

Organizations implementing ERP Payment Recon can reduce reconciliation time by up to 80% and lower exception handling costs by up to 75%. The solution helps prevent fraud before it impacts your business, improves staff productivity and satisfaction, ensures compliance, and strengthens controls. With real-time visibility across all payment channels and efficient scaling of payment operations, your organization can transform its payment reconciliation processes while reducing operational costs and risks.