Digital accounting processes from ordering to payment
New workflow with finAPI simplifies payments at cisbox without switching to online banking
cisbox GmbH has been supporting companies in their digital transformation since 2005. The cloud-based product range includes solutions for electronic ordering, real-time data evaluation and forecasting as well as cisbox Invoice, an AI-supported invoice management system. Companies can use it to digitalise the entire incoming invoice process. This includes the control, account assignment and approval of all incoming invoices, data export to further processing systems and the initiation of payments.
The challenge: inconvenient switch to online banking for payments
In addition to the direct debit procedure, payment by domestic and foreign bank transfer was already possible. However, it was necessary to switch to the respective banking application to execute the transfer. Users had to leave their familiar working environment, carry out additional steps to authenticate themselves, and then execute the transfer manually.
The solution: connecting banks directly via finAPI
Thanks to the integration of finAPI, cisbox Invoice users now have a bank interface that makes account viewing and the payment process more convenient and also more secure. The key factors for choosing finAPI were, first and foremost, a simple setup and intuitive usage. Of course, the security, and protection of (personal) data is also a top priority for cisbox GmbH and its customers, a requirement that is also absolutely fulfilled by finAPI. All in all, the benefits for users are as follows:
- Simple setup
- Connection to almost every bank in Germany
- Seamless integration in cisbox Invoice
- TÜV-tested and certified PSD2 banking interface
- Server located in Germany
cisbox users benefit from optimised workflow
With the integration of the finAPI interface, cisbox GmbH is responding to the current and future needs and requirements of companies with regard to digitalisation, process optimisation and IT security. Users not only benefit from an optimised workflow that accompanies them from the order to the final payment. They can operate from any location and react flexibly even when staffing levels are lower than usual.
About cisbox
As an information technology and service company based in Solingen, cisbox GmbH specialises in holistic solutions for the purchase-to-pay process. The aim of the 150-strong team is to give companies, corporations, and stock exchange-listed companies a boost in digitalisation and to establish automated processes in procurement, payment and controlling through the integration of BPaaS solutions. When providing the software, cisbox GmbH relies on the company’s own private cloud, with hosting in Germany. This enables high availability, guarantees customer data sovereignty and conserves customer resources in terms of the development, expansion, operation, and administration of the IT landscape. In addition, cisbox GmbH is orientated towards technological trends and legal market requirements. For example, the AI-supported workflow is integrated, as is the option to receive QR invoices in Switzerland or e-invoices via Peppol. www.cisbox.com
More information and contact
Would you like to find out more about connecting banks and making payments by direct debit and bank transfer via finAPI? Get in touch with us.
Contact us
finAPI GmbH
Adams-Lehmann-Str. 44
80797 München
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BaFin
Officially licensed and supervised by the German Federal Financial Supervisory Authority (BaFin).
TÜV certification
