But these files can still be edited before being uploaded to the bank, so the risk of fraud is still there.
Can D365 FO iclude a setup to be able to transfer the file through EBICS protocol, and also a setup to drop the files on a sFTP folder in case some banks do not support EBICS?
Thanks
Comments
A direct possibility to communicate according to EBICS from D365FO to supported banks would be appreciated (direct link). Especially as Austria and Switzerland joined the established EBICS standard from Germany.
Having such a solution would:
- optimize processes as less media breaks and software interfaces are required
- automated bank account reconciliation
- makes handling of payments in the ISO 20022 format easier
Category: Cash and bank management
Absolutely, no audit will pass the current process where file is downloaded to a desktop and then submitted manually to a bank.
This is a very easy thing to address for MS! The only thing you need is to send a generated file to a LogicApp url link on the file creation. In the logic app you can then route the file whenever you need, be it SFTP of another web application. You will also have all the benefits of haling logs on Logic app, ability to send notifications and so on.
I suggest to put a field for the a LogicApp url link on the payment method on on a table linking it to a payment method. It is really just a few small changes and it will have great impact!
Category: Cash and bank management
Thanks for the valuable idea, we will review it internally
Category: Cash and bank management
Good idea
Category: Cash and bank management
Great idea for France.
Category: Cash and bank management
Indeed, it would be a great idea
Category: Cash and bank management
Confirm, the current process is not approved in general by Legal auditors due to risk of fraud. The process should be secured to avoid any risk.
Category: Cash and bank management