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Elian Solutions SRL

Elian Solutions SRL

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ELIAN Solutions and Finqware sign a strategic partnership for business automation through real-time payment reconciliation directly in ERP

11.03.2024

ELIAN Solutions, part of Bittnet Group, a company specializing in Microsoft Dynamics 365 Business Central ERP software solutions, and Finqware, a leader in automating financial operations for companies, announced today the signing of a strategic partnership designed to bring significant benefits in terms of real-time payment reconciliation and financial operations automation for businesses.

ELIAN Solutions, with 16 years of experience in implementing the Microsoft Dynamics 365 Business Central ERP software solution, has highlighted the increasing need for companies to automate and optimize financial processes. As part of the Business Platforms & Software pillar within the Bittnet Group, the company has established itself as a significant player in the ERP solutions market, contributing to the improvement of efficiency and operational performance for businesses across various sectors and ranking among the top three Microsoft partners in Romania.

Finqware, with solid experience in providing automation solutions for financial operations, is pleased to announce the integration of its FinqTreasury platform, aimed at treasury management and real-time payment reconciliation, with the Microsoft Dynamics 365 Business Central ERP solution offered by ELIAN Solutions.

Through this partnership, clients will benefit from a comprehensive and integrated solution that efficiently and transparently covers both the specific treasury management needs and the payment reconciliation requirements. Specifically, in an era where the implementation of instant payments is proliferating, companies need to reconcile payments not just once a day, with the previous day’s statements, but several times a day, in real-time. This is made possible by combining Finqware’s proprietary bank connectivity technology through API interfaces and ELIAN Solutions’ high-class expertise in ERP solution implementations.

This collaboration represents a significant step towards operational efficiency and the optimization of financial processes for companies in various sectors.

More about the news here.