Charity finance teams need to be able to pay their suppliers quickly and easily. Our Electronic Funds Transfer (EFT) functionality provides facilities for users to create their own EFT/BACS formats to help them manage their financial transfers more efficiently and flexibly. A key part of our NfP 365 Finance solution, the functionality works seamlessly with Dynamics 365 Business Central and the Supplier Payment process.
Some additional benefits include:
- It comes with pre-defined formats for all major banks including HSBC, Lloyds, Barclays, RBS and NatWest as well as compatible formats for Albany and Bottomline
- It allows the regeneration of EFT/BACS files
- It enables users to both import and export the file formats
- It means that there is no requirement for the user to be linked to a banking service
