idyn, internationally recognized as a leading specialist in developing intelligent apps for Microsoft Dynamics 365 Business Central, proudly introduces VerifyIT 365, the latest addition to its successful 365-suite, designed to help organizations strengthen their payment processes and prevent fraud directly within Business Central.
With VerifyIT 365, organizations across Europe can automatically verify whether a vendor’s or customer’s bank account (IBAN), name, VAT number (only in NL) or registration number actually belongs to the correct company or individual. The app integrates SurePay, Europe’s leading IBAN name-check service, to perform these verifications in real time within Business Central.
Reliable payments, now directly within Business Central
VerifyIT 365 seamlessly integrates with Microsoft Dynamics 365 Business Central and automatically validates vendor or customer information directly within the system. This prevents typing errors, fraudulent activity and misdirected payments. Verification results are clearly displayed on the Vendor or Customer Card, orders and invoices. Supports compliance with EU Instant Payments Regulation (VOP) and PSD2/PSD3 requirements.
Every day, millions of payments are powered by SurePay
Since 2016, SurePay has grown from a Rabobank spin-off into Europe’s market leader in Account Verification. With over 12 billion checks performed and more than 250 financial institutions and 20,000 organizations connected, we enable secure payments at scale across Europe and the UK. From Verification Of Payee for banks and PSPs to advanced Account Verification solutions for corporates and public institutions, SurePay helps prevent fraud, reduce misdirected payments and ensure compliance where it really matters.
Key benefits of VerifyIT for Business Central:
- Automatic IBAN and name verification via SurePay
- Validation of VAT (only NL), Chamber of Commerce or registration numbers
- Fully integrated within Business Central workflows
- Reduced risk of errors and fraudulent payments
- Greater security and confidence in your financial administration
- Determines whether payments will be approved or rejected
Frans Gemen, CCO of idyn: an extra layer of protection in the BC payment process
“With VerifyIT 365, we add an extra layer of protection to the payment process in Business Central,” says Frans Gemen, CCO of idyn. “Our customers can be confident that payments are made only to verified and safe accounts, fully automated and without additional manual steps.”
More information:
www.idyn.nl/solutions/verifyit-365/
Part of idyn’s 365 Suite
VerifyIT 365 is part of the expanding idyn 365-suite, which also includes Direct Banking 365, ApproveIT 365, ShipIT 365, ConnectIT 365, DINO 365 and OMA 365. Together, these apps help Business Central users work smarter, safer and more efficiently.