EBM – Electronic Banking Management

If you’re already utilizing modern ways of dealing day-to-day banking transactions, such as “Online Banking” or Electronic Banking”, you may have also realized the drawbacks of these technologies: most of the steps involved in these transactions, such as the acquisition of line items, the account determination, or the balancing of open items, still require manual processing.

This is why we developed EBM: EBM bridges the processing gap between the company banks and your Financial Accounting system by automatically preparing the data from the account statements for posting, determining the corresponding contra accounts, and, finally, by posting the line items in Financial Accounting. All work that is left to you is to monitor and to check the automatic determination of accounts.