Microsoft and Bank One to Simplify Cash Management

Thursday 13 November 2003 10:34 CET | News

Microsoft Business Solutions and Bank One have introduced Integrated Cash Management Solutions. This suite of software and banking services will enable midmarket companies to automate the process for sending and receiving files between Microsoft Business Solutions-Great Plains and Bank Ones cash management services.
Midmarket business owners can now integrate their existing business processes for management of payables and receivables with their banking services, helping to eliminate time-consuming administrative tasks. Integrated Cash Management Solutions provides instant connectivity between Bank One customers using Microsoft Great Plains 7.5, thus automating the transmission of banking and accounting information using a standardized format. By implementing Integrated Cash Management Solutions, businesses can use and automate numerous cash management functions, including the transfer of electronic payments, check payments, electronic collections and receivables reporting. It also adds new Bank One product offerings such as Check Outsourcing, a banking service that enables check issuing and distribution, for Microsoft Great Plains users. Distribution will be through Microsoft Business Solutions-authorized reselling partners and Bank Ones direct sales force. The software can be implemented as a complete suite or as individual services so companies can customize it to meet their specific needs.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce