Hello everyone,
I am exploring the capabilities of Dynamics in relation to managing and processing various types of payments, and I have a specific scenario in mind. I would like to understand if Dynamics can create a single file that consolidates different payment types - such as checks for positive pay, wires, ACH, etc. - which can then be uploaded directly into a bank's payment platform. My main questions are:
- Does Dynamics have the functionality to create a comprehensive payment file that differentiates between various payment types (checks, wires, ACH, etc.)?
- If yes, what is the process to set up and generate this type of file?
- Are there any specific format requirements or configurations needed in Dynamics to ensure compatibility with standard bank platforms?
- Has anyone had experience with this process and can share any insights or best practices.
I appreciate any guidance or experiences you can share regarding this process, as it would greatly help in streamlining our payment operations.
Thank you!