With Tech Ventures Fides integration designed for Microsoft Dynamics 365 Business Central on Dynamics 365 standards and best practices businesses will now have one interface for their treasury needs and operations management.
Features
Payment Files
The Fides integration with Microsoft Dynamics 365 Business Central ensures the secure transfer of your organization’s payment files to the Bank.
Transaction Purpose
This solution enables users to provide a brief description of why the payment is being made and helps in tracking and auditing financial transactions more effectively.
Adjustments
Tech Ventures solution allows adjustments which might be necessary in case of partial payments, pre-payments, or accounting corrections that affect the total amount payable.
Approval Workflow
The integration of Microsoft Dynamics 365 Business Central with Fides can be configured based on the business needs allowing managers to approve/reject the payment files that are to be submitted.
Bank files log
Organizations with this solution can observe the log that notifies the file transfer to SFTP, file receiving from Fides, and the data verification from the Swift system.
Bank account statement ledger
The availability of the verified payments is maintained under the bank account statement ledger for organizations to get an holistic view of approved payments by Fides.
FAQS – Fides Integration
What is Fides integration?
Fides integration connects Microsoft Dynamics 365 Business Central with banking systems for secure payment processing.
Does Fides integration automate bank transactions?
Yes, it automates payment file transfers and banking workflows.
Is the integration secure?
Yes, secure protocols like SFTP are used for safe financial data exchange.
Can approval workflows be configured?
Yes, businesses can set up approval processes before payments are sent to banks.
Does it support bank reconciliation?
Yes, it helps reconcile bank statements and payment records efficiently.
Which ERP system is supported?
The solution is designed for Microsoft Dynamics 365 Business Central.
Can businesses track payment files?
Yes, users can monitor payment status and transaction logs in real time.
Why choose Tech Ventures for Fides integration?
Tech Ventures delivers secure, scalable, and Microsoft-standard banking integration solutions
