Highlighting the functionalities of Direct Banking:
Direct Banking seamlessly connects Business Central with Ponto or Cobase, unlocking a smarter, faster way to manage your banking processes.
- Connect your bank accounts to Business Central with real-time or scheduled synchronization.
- Automatically import bank accounts, statements, and transactions—no manual work needed.
- Instantly reconcile transactions with open customer, vendor, employee, or bank ledger entries.
- Initiate payments and export payment requests straight to your bank via your integrated provider.
- Approve payments directly in Business Central or through your provider’s portal.
- Keep everything secure with API-based communication—no file handling required.
- Leverage the full power of Ponto or Cobase, including advanced authorization flows, balance overviews, and intercompany payments.
These functionalities will save time and effort for financial controllers or administrators responsible for paying vendors or employees or reconciling outstanding invoices with bank statements. With Direct Banking, they can enjoy quick returns on investment, real-time insights on account balances within Business Central, execute quick payments, and improved automated matching of transactions and outstanding ledger entries.