Extend your ERP with Strategic’s Enterprise Banking Solution (EBS), a collection of high-efficiency banking processes designed to automate certain banking transactions and complement QAD financial workflows. Your accounting team will thank you.
Automate Your QAD Financial Processes with EBS
Anytime you can reduce manual work, gain efficiencies, and reduce the risk from human errors, it’s a triple win. Strategic’s Enterprise Banking Solution (EBS) empowers business to integrate specific banking services into QAD to increase financial management efficiency and boost the speed of transaction processing.
Benefits of Strategic EBS:
Transfers financial data using advanced encryption and bi-directional communication
Adapts quickly to requirement changes
Streamlines workflow with built-in approvals and email notifications
Supports more document types, handling a wide array of banking processes
Provides flexible purchase options and free upgrades
Enterprise Banking Solution Components
ACH and Wire Transfer Pay suppliers electronically with both ACH and Wire Transfers that inform banks of the desired payment amount.
Positive Pay Prevent fraudulent checks from being cashed with EBS Positive Pay which sends check files to the bank so they know which have already been printed.
AP Check Print and AP Check Export Gain added security by enabling your bank to print checks on their end via secure file transfer.
Cleared Check Import Flag your QAD ERP solution as suppliers cash their checks.
Direct Debit Send a request to the bank initiating a direct debit on a customer account to settle accounts receivable balances.
AutoCASH Automate your accounts receivable payment application using Lockbox or Bank Statement files with our AutoMATCH technology.
Acknowledgement Import Retrieve the status of your ACH/Wire/AP Check exports and update your ERP with those statuses.
Bank Statement Import Automate your bank statement reconciliation by importing the statement into your ERP.
Why Choose EBS
Save time and money by automating your business processes Notify suppliers of ACH/Wire transfers via autogenerated emails
Experience an intuitive interface and user-friendly workflows
Mitigate risk of fraud and errors Reduce manual interaction with financial files Improve accuracy with built-in validation
Gain insights to inform business decisions and improve operational efficiency View complete audit trails on supplier banking information
Talk to a Strategic representative about enhancing your QAD ERP financial capabilities!