ABA offers Host-to-Host solution for automated corporate payments
ABA Bank launches Host-to-Host solution in its Internet Banking for Business (IBB) platform for a fully automated bulk payment file submission and account reconciliation. Host-to-host solution optimizes the manual workflow, minimizes human errors, and may reduce operational costs of the company.
Through this solution, accounting staff of the company can create payment instruction files directly from their ERP system and submit them to ABA for processing. After receiving the payment instructions, the Bank’s Internet Banking platform analyzes the documents and processes them automatically. The instructions that contain errors are returned to the ERP system of the client with a proper notification and instruction for adjustment.
For more information about the Host-to-Host solution, please visit its webpage on our website.