Business Functionality
As an end-to-end solution for streamlining and automating vendor payment and bank account reconciliation processes, Continia OPplus Smart Banking offers considerable benefits to virtually any business. It enables you to automatically communicate and exchange payment details directly with your bank, eliminating the need to manually import and export payment and bank account files.
Below you’ll find a description of key features of OPplus Smart Banking.
| Feature | Included |
|---|---|
| Automatic import and export of payment files |  |
| Status files from your bank with information on the status of each payment | |
| Automatic import of bank account statements | |
| Detailed validation of all payments in accordance with bank requirements | |
| Ability to make payments to various banks from the same payment journal | |
| Automatic summarizing of payments in the payment journal | |
| Predefined setup for importing and exporting bank information | |
| Ability to set up customer application rules, as a help to apply customer payments in the cash receipt journal | |
| Currency-dependent balance accounts | |
| Assisted setup and validation of vendor payment information | |
| Ability to pay employee expenses from the payment journal | |
| Validation of payment information on vendor, purchase, and sales documents | |
| Automatic reconciliation using user-defined search rules | |
| Reconciliation of employee payments | |
| Reconciliation of customer payments | |
| Customer reconciliation search rules | |