Use Cases
Payment Automation
Payment Automation
PaymentsOne of the most essential things in finance is money movement. Let’s automate payments.
Description
Payments can be triggered multiple times a day. Just try to imagine the amount of time that can be saved for you by automation. This Use Case will guide you through the payment management process and demonstrate its automation with the Kyriba APIs.
It covers the following steps of the payment process:
- Upload of raw payment data generated by your ERP system.
- Validation of successful data integration.
- Batching (grouping) of transactions into bank-ready payment files.
- Validation of payment execution.
- Retrieval of payment status for a further update in the ERP system.