Accelerating ERP Projects with SAP-Certified Integrations

By Boris Lipiainen, Chief Technology Officer, Kyriba May 6, 2021

SAP’s Certification of Kyriba Payments Network
Now, more than ever, organizations using SAP have additional reason for confidence in reaping benefits and value from Kyriba in tandem with their SAP ECC or S/4HANA ERP platforms. As a newly certified SAP partner, Kyriba continues to expand the value delivered to SAP customers through accelerating ERP, banking and payments projects, greater payments control and centralizing and automating payment workflows. The SAP Integration and Certification Center (SAP ICC) has certified Kyriba’s Payments Network integrations for deployment on SAP S/4HANA and SAP ERP 6.0 (certifications).

Importance for Finance and IT
As IT and Finance organizations work together to plan ERP upgrades, migrations and greenfield implementations, banking and payments efforts are intertwined and the most time-consuming part of the project timeline. With Kyriba’s SAP certification comes the inclusion of important elements like SAP Solution Manager, Add-On Installation Tools and Assembly Kit, which helps Finance and IT collaborate and drive shorter implementation windows. Overall, the benefits Kyriba offers with pre-built, pre-tested bank connections and payments templates can reduce bank connectivity efforts by up to 80%.

Accelerating your ERP Migration with Kyriba’s Integrations
Supporting and accelerating your SAP migration or other systems integrations project has never been easier with Kyriba. A key component of these migrations includes Kyriba’s Payments Network integrations with some key, delivered capabilities:

  • A pre-built format library supporting over 800 bank format variations and over 45,000 bank testing scenarios globally for over 1,000 global banks
  • Integrated global bank connectivity delivers out-of-the-box connectivity, including APIs and Fraud Detection and Compliance
  • Simplified, easy interfaces; minimal IT resources are needed when it comes to interfacing between the ERP system and Kyriba. Using both SFTP and API, we take all payment files into our prebuilt interfaces with no code specs needed from IT
  • SWIFT connectivity and certification
  • Management of ongoing maintenance and support

Kyriba’s payments hub is an integral component of your SAP payments ecosystem. The decision to select our SAP-certified Payments Hub provides you with the ability to implement faster, scale globally and optimize your controls framework through our Fraud Prevention. Kyriba provides standardized workflows, multi-factor authentication, tiered, smart approval levels, and workflow along with real-time monitoring dashboards for robust payment tracking. Additionally, Kyriba’s Fraud detection capabilities can ensure automatic quarantine of suspicious payments as well as OFAC Sanctions list screening.

Kyriba continues to invest in innovation for all products in addition to payments. To learn more about Kyriba, its products and innovation, please visit www.kyriba.com.

Related Content

How a Payment Factory can help reduce the cost of your ERP migration

Payments Solutions from Kyriba Achieve SAP® Certifications for Integration with SAP NetWeaver® and SAP S/4HANA®

img
Activate Liquidity.

Transform how you use liquidity as a dynamic vehicle for growth and value creation

Find out how