SAP Multi-Bank Connectivity

Configure a multi-bank digital channel and become an intelligent enterprise with a cloud-based solution offered by SAP.

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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.

S/4HANA Cloud

S/4HANA On-Premise

SAP Business Suite

Non-SAP

Sap s/4hana

Cash management

Bank Account Managemet
SAP Bank Communication Management

AP/AR

SAP Advanced Payment Management

Treasury

SAP In-House Cash

SAP Multi-Bank Connector

Member bank

Host-to-host

EBICS

SWIFT

SAP
Multi-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.

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

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.