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SAP Multi-Bank Connectivity

Simplify and accelerate corporate-to-bank communication

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Overview

SAP Multi-Bank Connectivity is a managed network service that simplifies the way businesses connect with their financial institutions. It provides a single channel for all bank communication, eliminating the need for multiple point-to-point connections. The solution is natively integrated with SAP S/4HANA and other SAP applications, enabling straight-through processing of payments, bank statements, and other financial messages.

✨ Key Features

  • Single connection to multiple banks
  • SWIFT and EBICS connectivity
  • Host-to-host and API-based connectivity
  • Automated payment processing
  • Real-time payment status tracking
  • Automated bank statement processing
  • Secure and compliant communication

🎯 Key Differentiators

  • Native integration with SAP systems
  • Managed service for bank connectivity
  • Support for multiple communication channels

Unique Value: SAP Multi-Bank Connectivity provides a seamless and secure way for SAP customers to connect to their banks, simplifying treasury operations and reducing costs.

🎯 Use Cases (4)

Centralizing and automating bank communication Streamlining global payment processes Improving cash visibility and forecasting Ensuring compliance with financial regulations

✅ Best For

  • Simplifying bank connectivity for large enterprises with multiple banking relationships
  • Automating payment and reconciliation processes within an SAP environment
  • Enhancing security and control over financial messaging

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Companies not using SAP ERP systems
  • Organizations with very few banking relationships

🏆 Alternatives

SWIFT Alliance Lite2 Host-to-host connections Other bank connectivity providers

Compared to managing individual bank connections or using third-party providers, SAP Multi-Bank Connectivity offers a more integrated, secure, and cost-effective solution for SAP customers.

💻 Platforms

Web API

🔌 Integrations

SAP S/4HANA SAP ERP SAP Treasury and Risk Management Other SAP and non-SAP systems

🛟 Support Options

  • ✓ Email Support
  • ✓ Phone Support
  • ✓ Dedicated Support (Enterprise tier)

🔒 Compliance & Security

✓ SOC 2 ✓ GDPR ✓ ISO 27001 ✓ SSO ✓ SOC 1 Type 2 ✓ SOC 2 Type 2 ✓ ISO 27001 ✓ SWIFT Certified

💰 Pricing

Contact for pricing

Free tier: NA

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