Accuity introduces payment product for ERP systems
27 July 2006 | 1632 views | 0
Accuity is pleased to announce the release of Global Payment File for ERP (GPF-ERP), an extension of the highly effective GPF product specifically designed for integration with Enterprise Resource Planning systems.
GPF-ERP is a comprehensive, easy-to-use solution, which allows for the simple maintenance of payment code information. "Accuity realizes the scale of the investments that companies make in their ERP systems so we've structured GPF-ERP for simple integration with these core business systems," said Brian Leibforth, product manager for Accuity’s Payment Solutions. "GPF-ERP data was created specifically for ERP system elements used by treasury management functions in corporations to facilitate vendor payments, cash aggregation and payroll operations."
GPF-ERP contains bank routing codes and other payment and remittance information for 90+ countries and territories as well as complete SWIFT/BIC coverage. The file is updated monthly to provide the most current information and changes are clearly marked for easy identification. With GPF-ERP, the data elements are structured in a way that supplies bank routing codes and a SWIFT/BIC associated with the same institution – a single record contains all of the necessary information to validate payment instructions.
"GPF-ERP can help corporate treasury departments streamline and optimize their payment processing," Leibforth stated, "an ability that is becoming more and more critical for today's global businesses."