Accuity has added the Bank Master Update Program to its line of global payment solutions. The program enables SAP users to access Accuity’s global bank database. Using this new program, Accuity’s global payment file (GPF-ERP XML) can be uploaded to the Bank Master table used within SAP applications to facilitate vendor and employee payments. GPF-ERP XML is designed to enhance cross-border payment information, including head office and branch mailing addresses, SWIFT/BICs and national clearing codes. The company aims to provide customers with a streamlined method of incorporating global bank data within their SAP systems as well as access to essential routing information including payments-critical data used to improve payment straight-through processing (STP) rates and overall payment efficiencies.
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