SAP Multi-Bank Connectivity

Name: leverX Company
Brand: LeverX
Rating: 4.9 (114 reviews)

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

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Changing regulations and growing volumes of financial data are putting pressure on traditional accounting systems. Staying compliant means staying connected.

SAP Multi-Bank Connectivity (SAP MBC) helps companies build direct, secure links with financial institutions through a cloud-based SaaS solution. By providing a single channel to connect your ERP with various banks, it supports compliance, reduces manual work, and improves control over cash flow.

Direct bank connectivity

Connect your ERP system with banks through a digital channel that supports embedded EBICS (Electronic Banking Internet Communication Standard) and SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Better control and visibility

Get automatic updates on payments and cash positions right in your ERP, helping finance teams work faster and smarter.

Better reliability with fewer errors

Replace manual tasks with automated processes to reduce mistakes in payments, collections, and related documents.

How SAP MBC Benefits Corporate Treasury

Centralized bank communication
Connect your SAP ERP system directly to multiple banks without relying on separate banking portals or middleware.
Improved cash visibility
Access real-time bank statements and transaction data to monitor cash positions across all accounts and entities.
Standardization and automation
Use industry-standard formats like SWIFT MT and ISO 20022 to automate payment processing and bank communication.
Enhanced security and compliance
Ensure secure connections and trackable approvals through digital signatures and audit-friendly workflows.
Faster onboarding of banks
Add or switch banks more easily, thanks to SAP's pre-configured bank directory and integration templates.

How SAP MBC Benefits Participating Banks

Streamlined integration with corporate clients
Receive standardized message formats and communicate with multiple SAP-based clients through one secure channel.
Lower support burden
Reduce manual troubleshooting and format-related issues with standardized connectivity.
Stronger relationships with SAP-based corporates
Be part of SAP’s trusted banking network, making it easier for companies to choose you as their banking partner.
Faster time to market
Onboard new SAP clients quickly without needing to build custom interfaces for each one.

SWIFT Connectivity

This integration is available for SWIFT customers and offers extra flexibility to support a multi-network structure of exchanging high volumes of messages and files.

3rd-party provider or non-member bank connectivity

In this case, the condition is that the customer is a member of EBICS, which uses an established digital signature and encryption procedures, allowing data file exchange independent of message standards and formats.

Host-to-host connectivity

A host-to-host connection is direct bank connectivity that allows sending messages from the corporate system to the corporate tenant and then to a bank back-end system. A contract with the bank for a host-to-host connection is the prerequisite for leveraging this type of integration.

Member bank connectivity

Banks can opt to join SAP Multi-Bank Connectivity as a member. In this case, they subscribe to the network to provide a more effortless and less-complicated integration for corporate customers utilizing SAP Multi-Bank Connectivity.

Ready to Explore Which Option Best Suits Your Setup?

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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

SAP Multi-Bank Connectivity integrates with various SAP solutions to enhance financial operations:

SAP S/4HANA (Payments, Treasury): Supports direct processing of payments and treasury functions through native ERP integration, reducing manual work and delays.
SAP Treasury and Risk Management: Connects treasury operations to banking channels, enabling automation and better control over financial risks.
SAP Financial Accounting (FI): Feeds bank transaction data directly into accounting processes, improving accuracy and compliance.
SAP Cash Management: Delivers real-time cash visibility and helps optimize liquidity through bank data integration.
SAP Analytics Cloud (when connected via S/4HANA): Enables reporting and analysis of payment flows and cash positions when data is fed through connected S/4HANA systems.

SAP Multi-Bank Connectivity Implementation Roadmap

We follow the SAP Activate methodology, which breaks down the implementation of SAP Multi-Bank Connectivity into six essential stages:

Current processes evaluation: Assess existing business processes and identify the organization's needs.
Defining technical requirements: Create a detailed specification of the functional and technical needs of the new system.

Discover

Setting goals and objectives: Establish and agree on the goals to be achieved throughout the project.
Assembling the project team: Appoint team members and define their roles and responsibilities.
Project plan development: Create a comprehensive plan that outlines project phases, timelines, resources, and key performance indicators.
Budget determination: Estimate and approve the budget.
Specifications preparation: Develop the technical and functional specifications for the development team.

Prepare

Ensuring business requirements are met: Check that SAP MBC aligns with business requirements and project objectives.
Data validation: Verify the accuracy and compliance of the data.

Explore

Data migration: Transfer data from existing systems to the new one.
System configuration: Set up the solution according to requirements and specifications.
Customization: Develop additional features and modules, if the standard solution does not meet all needs.
Integrations: Configure SAP MBC to work with other IT systems and applications.

Realize

Testing: Perform functional, integration, regression, and load testing to ensure that all works correctly.
User training: Organize sessions to help users become familiar with the new system.

Deploy

System readiness check: Verify that the system is ready for operational use.
Launch: Officially transition to active use of SAP MBC.
Ongoing support: Continuously monitor solution performance to identify and resolve any issues.

Run

Why LeverX?

Proven track record

For over 20 years, we have helped businesses worldwide succeed with SAP. We’ve already completed 950+ projects for over 800 clients, including top names on the Fortune 500 list.

Industry experts

The LeverX team comprises professionals with hands-on knowledge in 30+ industries, including manufacturing, logistics, and oil  and gas.

SAP partnership

We implement SAP projects end-to-end  and collaborate with SAP on the development and enhancement of its existing solutions.

Quality and security

LeverX operates in compliance with international standards such as ISO 9001, ISO 27001, ISO 22301, and ISO 55001, ensuring reliability and quality in every project.

Investment in innovation

We actively integrate advanced technologies, such as Data Science, IoT, AI, Big Data, Blockchain, and others, to help clients efficiently address their business challenges.

Flexibility

Our team is available 24/7, which enables us to quickly deploy projects, maintain process transparency, and adapt each development phase to meet your specific requirements.

FAQ

What business problems does SAP Multi-Bank Connectivity solve?

SAP MBC helps companies manage high volumes of payments and bank communication in one secure system. It eliminates the need for manual processes and multiple banking portals, which cuts down on errors, saves time, and improves control over cash and compliance.

Is SAP MBC only for large enterprises?

No. While it’s especially helpful for companies with many banking transactions, any business using SAP ERP, SAP S/4HANA Cloud, or SAP S/4HANA on-premise can benefit. It’s about simplifying banking operations — not just handling big volumes.

How long does it take to integrate SAP MBC with our existing systems?

The time depends on your setup, the number of banks involved, and integration requirements. However, SAP provides templates and a pre-configured bank directory, which helps speed up the process. LeverX also offers support through every step of integration.

What kind of security does SAP MBC offer?

SAP MBC uses encryption, digital signatures, and audit-friendly workflows to keep your financial data safe. It supports EBICS and SWIFT standards, ensuring secure connections and full traceability of transactions.

1

An expert will reach out to you to discuss your specific needs and requirements.
2

We'll sign an NDA to ensure any sensitive information is kept secure and confidential.
3

We'll work with you to prepare a customized proposal based on the project's scope, timeline, and budget.