Drive accounting department efficiency
Moving back and forth from the online banking platform to the accounting system to reconcile transactions is a picture of inefficiency for commercial customers. With Direct Data Services, you can give them the accounting simplicity and automation they demand.
Automate payment processing
Enable customers to skip the online banking login and send payments files directly to Q2 through file exchange or API integration with their ERP/accounting system.
Keep safeguards in place
Maintain the same controls available in the Q2 Digital Banking Platform®, as well as fraud analysis through Q2 Sentinel™.
Answer commercial client demand
Provide the automation and integration that many larger companies say is a must-have for their banking relationship.
Q2 Direct payables
Process payments directly
With Q2 Direct Payables, financial institutions can automate the delivery and receipt of ACH and wire payments, with near-term plans to include check, card, instant payments, and mixed payments files. Payments can be sent via SFTP batch or through API integration with the customer’s ERP/accounting system.
Accounting system integration
Streamline processes with integration
Give commercial accounting departments hours back in their day by providing integration with their ERP/accounting system through Q2 Direct ERP. Staff members can conduct all transactions in their ERP and skip the added step of entering transactions in the Q2 Digital Banking Platform.
Report delivery
Quickly and easily give business customers the critical information they need. With Q2 Report Delivery, customers can have CSV, BAI, and MT account data delivered to an SFTP folder for pickup. Soon, customers will be able to get formatted reports through secure email or via API integration with their ERP.
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Save customers time and money
Enable commercial customers to lower accounting costs by processing transactions with less manual involvement.
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Reduce fraud risks and human error
Less manual involvement means fewer opportunities to introduce human error.
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Increase cash flow
Reduce processing time and offer more control over payment dates.