Business Functionality

As an end-to-end solution for streamlining and automating the collection of customer payments and the management of direct debit agreements, Continia Collection Management offers considerable benefits to virtually any business.

Built on a modular basis, it can be customized to suit your particular business needs. Each of the modules that it’s divided into represents an area of functionality (for each of the collection systems that Collection Management can integrate with), and you can choose to add any modules you want. You add these using the initial setup guide, which you can access straight from your Role Center.

Below you’ll find a description of each of the modules, along with an overview of their respective features.

Essential

With the mandatory Essential module, you get the fundamental features you need to set up Collection Management and perform basic operations.

The Essential module includes the following key features:

FeatureIncluded
Basic operations and reportsCheckmark
Automatic posting based on collection drafts when payments have been receivedCheckmark
Setup of Collection ManagementCheckmark

Bambora

The Bambora module enables you to gather your payment card agreements in one place, including MobilePay, and to collect payments directly via Bambora.

With the Bambora module, you get access to the following key features:

FeatureIncluded
Built-in agreement management, providing a clear overview of each agreement statusCheckmark
Direct, transparent, and seamless electronic communication with your bank/BamboraCheckmark
Ability to automatically add customers’ preferred collection systems and methods whenever an order, invoice, or credit memo is createdCheckmark
Ability to send collection notices to customers straight from Microsoft Dynamics 365 Business Central via BamboraCheckmark
Continuous status updates on outstanding payment collections via BamboraCheckmark
Continuous messaging on completed payment collections via BamboraCheckmark
Automatic posting of completed payment collectionsCheckmark
Customer credit management in Business Central via BamboraCheckmark
Simplification of the collection process and of all communication with your collection service providersCheckmark

Danske Bank Collection Service

With the Danske Bank Collection Service module, you can invoice your customers via Danske Bank and gather your payment collection activities in one place. The module covers a wide range of collection methods, including direct debit.

The Danske Bank Collection Service module includes the following key features:

FeatureIncluded
Built-in agreement management, providing a clear overview of each agreement statusCheckmark
Direct, transparent, and seamless electronic communication with Danske BankCheckmark
Ability to automatically add customers’ preferred collection systems and methods whenever an order, invoice, or credit memo is createdCheckmark
Ability to send collection notices to customers straight from Business Central via Danske BankCheckmark
Continuous status updates on outstanding payment collections via Danske BankCheckmark
Continuous messaging on completed payment collections via Danske BankCheckmark
Automatic posting of completed payment collectionsCheckmark
Customer credit management in Business Central via Danske BankCheckmark
Simplification of the collection process and of all communication with your collection service providersCheckmark

Nets Betalingsservice

With Nets Betalingsservice, you can automatically collect payments and send customer details directly from Business Central. When a customer enters into a payment agreement with you, funds are automatically withdrawn from the customer bank account and paid into your account, and the customer is notified about all payments in a monthly payment summary report.

The Nets Betalingsservice module gives you access to the following key features:

FeatureIncluded
Built-in agreement management, providing a clear overview of each agreement statusCheckmark
Direct, transparent, and seamless electronic communication with your bank/NetsCheckmark
Ability to automatically add customers’ preferred collection systems and methods whenever an order, invoice, or credit memo is createdCheckmark
Ability to send collection notices to customers straight from Business Central via NetsCheckmark
Continuous status updates on outstanding payment collections via NetsCheckmark
Continuous messaging on completed payment collections via NetsCheckmark
Automatic posting of completed payment collectionsCheckmark
Customer credit management in Business Central via NetsCheckmark
Simplification of the collection process and of all communication with your collection service providersCheckmark

Nets Leverandørservice

Nets Leverandørservice is ideal for anyone who needs to collect payments from corporate and industrial customers, sometimes even at short notice, resulting in optimized cash flows and significant efficiency gains. As with Nets Betalingsservice, funds are automatically withdrawn from the customer bank account and paid into your account, but the customer is notified about the payment before each withdrawal.

With the Nets Leverandørservice module, you get the following key features:

FeatureIncluded
Built-in agreement management, providing a clear overview of each agreement statusCheckmark
Direct, transparent, and seamless electronic communication with your bank/NetsCheckmark
Ability to automatically add customers’ preferred collection systems and methods whenever an order, invoice, or credit memo is createdCheckmark
Ability to send collection notices to customers straight from Business Central via NetsCheckmark
Continuous status updates on outstanding payment collections via NetsCheckmark
Continuous messaging on completed payment collections via NetsCheckmark
Automatic posting of completed payment collectionsCheckmark
Customer credit management in Business Central via NetsCheckmark
Simplification of the collection process and of all communication with your collection service providersCheckmark

SEPA Direct Debit

SEPA Direct Debit is a European direct debit system that enables you to collect one-off and recurring payments across the EU, Norway, Lichtenstein, Iceland, and Switzerland. It can be used by both individuals and businesses, and payments are always made in euros.

The SEPA Direct Debit module comes with the following key features:

FeatureIncluded
Built-in agreement management, providing a clear overview of each agreement statusCheckmark
Direct, transparent, and seamless electronic communication with Danske Bank and NordeaCheckmark
Ability to automatically add customers’ preferred collection systems and methods whenever an order, invoice, or credit memo is createdCheckmark
Ability to send SEPA Direct Debit collection notices to customers straight from Business CentralCheckmark
Continuous status updates on outstanding SEPA Direct Debit payment collectionsCheckmark
Continuous messaging on completed SEPA Direct Debit payment collectionsCheckmark
Automatic posting of completed SEPA Direct Debit payment collectionsCheckmark
Simplification of the collection process and of all communication with your collection service providersCheckmark

See also

Feature Management
Detailed Changelog