Online Banking Integration
WorkEzy™ BankLink
BankLink is an interface tool that translates financial data from your accounting system into your merchant bank's readable format in order to process collections or payments using Internet banking. BankLink facilitates and simplifies the collection and payment process from your business to your bank.
Your Benefits:
- A proven solution tested by most merchant banks
- Supports most commonly used ERP solutions (eg SAP, Accpac, Oracle etc)
- Supports most payment modes offered by your bank (eg GIRO, Cheque, Remittance)
- Supports multiple companies
- Eliminates duplicate data entry efforts (no need to re-enter the payment entries on ERP solution and Internet banking)
- Reduce tedious effort in processing manual cheques
- Data files are encrypted as per bank's compliance requirements
Who Needs This?
- F&B businesses that needs to process voluminous payments to suppliers.
- Organizations who received electronic data record of the donations contributed by their members or donors.
- Companies who practise central-payment processing function for their related companies with voluminous payment transactions via many different banks
CASE STUDY: How A Seafood Restaurant Chain Saved Thousands of Dollars Per Month With BankLink A seafood restaurant buys many different fresh seafood and ingredients from a large number of different suppliers. They have a long and messy list of suppliers to pay monthly and have been processing payments and making calculations manually all along. This has been time consuming and messy with a lot of time and tedious man hours spent on fixing erroneous entries and writing cheques to the suppliers. With BankLink, data entry work is eliminated and instead of having to hire 3 staff members to perform tedious data entry work, one is all that is required - freeing up the others for more meaningful accounting work. Headaches with wrong entries and fixing them disappeared, allowing faster processing of payments that is now done on time, every month. This new-found efficiency has saved the restaurant thousands of dollars in wasted man hours. |
We have experience in integrating BankLink with the following online banking platforms:
| Bank | Platform | |||
| DBS | DBS Ideal | |||
| OCBC | Velocity | |||
| SCB | Web Bank/Dial Up | |||
| Mizuho | eGiro | |||
| Sumitomo Mitsui | SMAR&TS | |||
| Westpac Australia | Direct Entry System | |||
| Citibank | CitiDirect | |||
| HSBC | iFIle | |||
| ABN Ambro | Access Online | |||
| Bank of Tokyo | Mitsuibishi UFJ | |||
| UOB Bank | BIB |
