Wire Transfer Plus (WTP)
Wire Transfer Plus provides automatic electronic funds transfer of your Microsoft Dynamics SL AP Checks to your vendors' bank accounts. This module is used for all electronic payments that do not use the US-ACH system. By separating your WTP vouchers into their own batch, you can easily transmit that batch of "checks" to your vendors via domestic or foreign wires, and then print remittance advice slips or email them - your choice, by vendor.
The eBanking Suite's WTP streamlines processing through various communication options. The most commonly used are browser and FTP tranmissions. With a few clicks of your mouse, your payments are formatted and sent to your bank.
Please check with your Microsoft Dynamics reseller to verify the availability of a format for your bank. You can review the released formats via the link to the right.
Features:
- Electronically pay:
- Vendor trade pay
- Employee expense reimbursements
- Grant payments
- One time or recurring wires
- Seamless integration with Microsoft Dynamics SL Accounts Payable
- Multiple file formats - domestic and foreign, depending on your bank
In addition to wires, Plus formats can include:
- Corporate Check
- Bank Draft
- CTX - EFT along with Financial EDI
- User-configured Transaction Type support
- Multi-company / multi-account
- Remittance advices by email (completely customizable)
- Flexible wire summarization options
- Security on wire files and scripts
- Wire test files
- Security - Account approval option
- Security - Amount approval option
- Multiple transmissions in one day
- "One-Pass" payment selection filter
- Flexible communications
- No intermediary clearinghouse required - deal directly with your bank
- File archiving
- Available on Microsoft Dynamics SL v5.5, 6.0, 6.5 and 7.0
Back to Top |
