EZ-Banking Enterprise

What is EZ-Banking Enterprise?

EZ-Banking Enterprise is a web-based application, specially written for BPCS. The application was developed using the Easy concept, which is both fast to learn and fast to implement and offers the precise functionality that the user expects. EZ-Banking Enterprise is constructed with Lansa-for-the-web and uses the AS/400 as the server.

SOLAR-IT has developed this banking application package for all companies (small or large) that manage their own bank accounts. EZ-Banking Enterprise interfaces with ACP, ACR and CEA modules from BPCS giving users more flexibility without compromising functionality. The primary focus of the product is to ease the transaction processing related to bank information and to supply a number of features that are (legally) required in relation to financial statements.

EZ-Banking Enterprise is a subsystem of BPCS and carries out all required banking actions:

• entry of bank statements
• execution of electronic payments to all possible banks (national and international)
• processing of cheques and bills
• automatic entry of bank transactions
• handling of reports

An international product

EZ-Banking Enterprise is available in several different languages (including English, German, French and Spanish), and a standard feature of the product is the possibility of communicating with many international and local banks.
In addition to the standard functionality, there are also many applications tailored to country-specific requirements, including for South Europe and Scandinavia.

Wishes and requirements

Based on the SOLAR-IT philosophy, the software package is always developed in close cooperation with the customer. EZ-Banking Enterprise has set high performance levels with regard to:

• reliability
• speed
• stability
• adequate functionality
• EASY

With these requirements in mind and the desired functionality according to the customer's requirements, the development of EZ-Banking Enterprise got under way in July 2000 with the implementation of the architecture.

Architecture

• limitation of data traffic over communication lines
• centralization and thus simplification of management

AS/400 was the natural choice as the server: EZ-Banking Enterprise, as a financial application, requires a high degree of reliability and stability.
EZ-Banking Enterprise consists of various modules, which are available and implementable as separate units. The complete flowchart is shown below:

The modules

EZ-Banking Enterprise is a modular package. For the customer, this means that he receives only the modules which are required, thus avoiding unnecessary purchases.

Manual Postings

Entry of bank documents

Automatic Reconciliation

Automatic entry of transaction files, which are sent by the bank

Direct Debits

Automatic collection from the customer's account

Electronic Payments

Execution of electronic payments for both domestic and foreign suppliers via internal and external banks

Paper cheques

Processing of cheques

Remittances

Handling of a specific collection method: this module allows the user to create Electronic Debit Runs by selecting a number of customer invoices by due date, payment type, customer, etc. These runs are sent to a bank that acts as a payment collector. Remittances can be seen as a form of financing with invoices, post-dated checks or any other type of document as collateral.

Drafts

Processing of bills

Electronic Confirmations

Electronic Confirmations is the opposite of issuing remittances. It is used to approve the remittances issued by the supplier and collected by the bank of the supplier.