Auto-send Payments to the Bank From the Payment Journal
Feature | General availability online | Public preview |
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Auto-send payments to the bank from the payment journal | Oct 2023 | - |
Business value
Automation of the payment process is one of our focus areas within Payment Management. We aim to help users with important and valuable tasks and reduce the time spent on trivial, yet important tasks. This will free up time to do other tasks in a busy workday.
Feature details
In the payment journal it will be possible to activate a service by Payment Management, that automatically sends payment to the bank from the payment journal when the payment suggestions have status OK. To automate and improve the payment flow, Payment Management will support to automatically sending payment suggestions, that has status OK, in the payment journal to the bank. This service will help ensuring that vendor payments are processed and issued within due date.
To learn more about sending automatic payments, see the Automatic payments article.