BankON™ for Banks

Easing the Pain and Increasing the Profitability of Corporate ERP-To-Bank Integrations

Banks are continuously looking for ways to strengthen relationships with their corporate customers by providing value-added services that help them better manage their business.  But with expense controls being top of mind in today’s economy, banks must offer these services in an efficient, cost-effective manner.  Banks are increasingly looking for technology solutions to automate the financial supply chain and meet their customer needs.

A prime example of the need for technology solutions is corporate ERP-to-bank integrations, which enable businesses to automate payables, receivables and associated cash management activities.  Banking customers benefit by eliminating manual processes, streamlining operations and reducing costs – all of which have a direct impact to their bottom line.  But these integrations require a significant investment of time and resources from the banks.  Each integration is a customized solution that can take months to complete, and then requires costly ongoing maintenance and support.

BankON™ – from Sierra Atlantic – provides a secure, turnkey solution for automating payables, receivables and associated reconciliation activities.  Banking customers can quickly be up and running with minimal impact to ongoing operations.  BankON™ is a scalable solution – available in either an On Premise or SaaS model – that integrates with multiple ERP systems and banks.  And as no customization is required, support and maintenance costs are dramatically reduced. 

Join Phil Hodsdon, Vice President & General Manager of the Banking & Financial Services Business Unit, for more details about how you can benefit from BankON™.

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