SAP Multi-Bank Connectivity
Configure a multi-bank digital channel and become an intelligent enterprise with a cloud-based solution offered by SAP.
What is SAP Multi-Bank Connectivity
The barrage of new accounting regulations and requirements strain legacy accounting systems, forcing you to continually improve your internal data volume and quality to stay compliant.
Tap the SAP Multi-Bank Connectivity solution to connect with financial services institutions directly. SAP MBC is a SaaS cloud-based software that offers a multi-bank digital channel between SAP and banks. We help clients effectively and confidently comply with new accounting guidance and regulations. Mitigate compliance risk by aligning your organization’s actions with current recording and reporting requirements.
SAP Multi-Bank Connectivity integrations
SWIFT connectivity
This integration is available when the customer is a SWIFT customer, which offers extra flexibility to support a multi-network structure of exchanging high volumes of messages and files.
How does integration with SAP MBC work
- Bank Account Managemet
- SAP Bank Communication Management
Multi-Bank Connectivity
A highly secure cloud platform with member bank benefits
Benefit from a single point of corporate-to-bank connectivity
Financial accounting transparency
Streamline control, efficiency, and transparency of the financial accounting process. As the solution automatically updates payment status and cash positions in the ERP system once updates are available from the banks, it further improves and streamlines the company’s treasury operations.
Access expert guidance
Get access to a comprehensive configuration guide for clarity of the onboarding process, timeline definition, and adherence to the project plan. Achieve specific goals quickly with post-go-live support, technical support, and maintenance activities.
Security at the highest peak
Ensure the utmost security with the solution, as all letters and certificates are created directly in the customer's SAP Multi-Bank Connectivity tenants and linked to the bank's URL – this ensures that the certs cannot be used by or with another system.
Multi-bank digital channel
Maintain embedded EBICS and SWIFT connectivity with multiple banks and get real-time responses and data updates since SAP Multi-Bank Connectivity is closely integrated with Bank Communication Management.
SAP Multi-Bank Connectivity cloud solution capabilities:
Communication Management
- English-speaking contact person appointment
- Timely processing of configuration change requests
- Notifications about any service disruptions and critical maintenance activities
Asset Management
- Management of the hardware and infrastructure resources
- Assets protection from unauthorized physical access or physical influence
- Communication Management
Provisioning
- Provisioning of resources and systems to customers by ordered package and requirements
- Deployment of the application software and the proper initial configuration of quotas, service subscriptions, permissions, and trust configuration
Integration Content Development
- Proper testing of the integration content
- Design, building, deployment, and operation of the integration content hosted in the application
- Realistic conditions compliance
Security Material Management
- Proper testing of the security material under realistic conditions
- User credentials, PGP key rings, and certificates identification
- Certificate-based authentication
Message Transmission
- Correct transmission of the messages within the according to application’s constraints
- No liability for the contents of any message transmitted via the application
SAP Multi-Bank Connectivity Implementation Phases
Preboarding:
We are fine-tuning your ERP system to establish a connection with SAP MBC and plan further communication. SAP MBC Onboarding Team hosts the kick-off meeting with the customer to discuss a detailed level of the project's scope. They determine fixed milestones and outline roles and responsibilities for the project. If necessary, we add weekly or periodic meetings as checkpoints.
Technical integration
We carry out a comprehensive tune-up of the system, covering both test and production environments. The production landscape will be activated only after your approval.
Validation and testing
Once the integrated content is finalized and deployed on the customer tenants, the newly created end-to-end connection is released back to the customer for final validation. We test end-to-end connectivity, verify payments and message delivery, and more.
Promotion (to production)
After customer sign-off on testing, we take the content localized in the test environment and replicate it to the production environment. A PVT, also known as Penny Test, involves sending a payment instruction for a minimal amount to ensure the integration scenario is working as intended.
Support and operations
Once all the previous phases are completed, the application is considered successfully live. The SAP Multi-Bank Connectivity Support Team keeps in touch with you and provides 24x7 comprehensive support, tools, and resources available if needed.
WHY CHOOSE LEVERX AS YOUR SAP IMPLEMENTATION PROVIDER?
GLOBAL SYSTEM INTEGRATOR
- LeverX is an International company with 14 offices in 10 countries that specializes in SAP Implementation and customization.
- Full-cycle technology consulting, development, and cost-effective implementation services for successful business transformation and sustainability.
- We offer custom software development services to companies to deliver tailor-made solutions that cater to clients' specific requirements
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- Short engagement ramp-up and project set-up, strong management
- Continuous investment in innovation and early adoption of cutting-edge technologies (Data Science, IoT, Artificial intelligence, Big Data, Blockchain etc.)
- Creation of projects in accordance with ISO 9001, ISO 27001, ISO 22301, ISO 55001 quality and safety standards.
EXPERIENCE
- 20+ years of working with SAP solutions. LeverX is an SAP-certified partner and preferred vendor.
- 1 600 IT-experts with deep knowledge of the latest SAP technologies and solutions.
- 950+ successful projects. We help companies of all sizes and across various industries to leverage the power of SAP.
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