Product / FYNLINK – Automate Payments & Bank Statements with Precision

FYNLINK - Automate Payments & Bank Statements with Precision

Automate payments, streamline financial operations, and ensure secure data exchange between SAP S/4HANA and your banking partners without complexity or high costs.

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Product Overview

In an increasingly digital world, seamless and secure integration between financial systems and banking partners is critical for business success. Yet, small and mid-sized enterprises often find themselves lacking the resources and budget to adopt high-level integrations traditionally seen in larger organizations. FYNLINK, built on the SAP Business Technology Platform (SAP BTP), addresses this challenge by enabling secure, direct connections between SAP S/4HANA and partner banks for processing outgoing payments, recording expenses, and managing incoming bank files. By automating end-to-end financial operations at a fraction of the cost, FYNLINK empowers organizations to enhance cash management, reduce risk, and accelerate growth.

Key Challenges

01

Complex Integrations

Conventional solutions for integrating ERP systems with banks are often cumbersome, requiring specialized IT resources and a lengthy, costly implementation process.

02

Security & Compliance

Manual processes and multiple integration layers can introduce vulnerabilities in data transfer and compliance risks related to sensitive financial data.

03

Costs & Resources

Smaller organizations frequently face tight budgets and lack of in-house technical expertise, making it challenging to implement end-to-end payment and statement automation.

The FYNLINK Solution

FYNLINK addresses these challenges by offering a secure, efficient connection between SAP S/4HANA and banking networks. By leveraging industry-standard encryption protocols and streamlined workflows, FYNLINK empowers businesses to reduce complexity while maintaining the highest levels of reliability and data security.

Key Benefits

  • Seamless SAP S/4HANA Integration: Fully compatible with SAP S/4HANA’s payment and bank statement modules, eliminating the need for complex customizations.
  • Secure Connectivity: Implements robust encryption and authentication measures to ensure data integrity and compliance with stringent financial regulations.
  • Reduced Manual Effort: Automated process flow from payment creation to bank confirmation significantly decreases time spent on data entry and error reconciliation.
  • Cost-Efficiency: Provides high-level automation at a fraction of the traditional implementation cost, making it an ideal choice for small and mid-sized companies.
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  • Our product team will review your banking partner’s connectivity requirements and collaborate with your IT department, banking relationship team, and partner bank to establish a secure connection for file transmission.

  • The solution is rapidly deployed, integrating seamlessly with your SAP S/4HANA environment through standardized connectors. Configuration is kept simple, ensuring minimal disruption to existing operations.

  • Thorough testing guarantees payment and statement files run smoothly. End-user training ensures stakeholders understand the new processes, mitigating adoption risks.

  • Built-in analytics and dashboards provide real-time visibility into transaction statuses and performance metrics, allowing for ongoing optimization.