The first presentation of Jinius and Supernova, which concerns in the ability to interface the Remittance Management service with the SAP Business One system.
Bank of Cyprus's pioneering and innovative Jinius platform connects businesses of all sizes in a single digital environment, digitizing business transactions and other activities. By leveraging Jinius' services, any business can reduce its operational costs, increase its revenue channels and save time by using automated processes.
At the presentation held by Jinius and Supernova, the attendees had the opportunity to be informed in detail about the advantages offered by the Jinius platform. In particular, extensive reference was made to the platform's ability to pay multiple suppliers through the Remittance Management service. Supernova now enables its partners to connect SAP Business One with the Jinius Remittance Management service, thus enabling the automated receipt and sending of information related to invoicing, payments and related updates.
The team of the German Oncology Center attended the presentation, and having already taken advantage of this service, explained and highlighted the essential benefits that the automation of bulk payments offers them in their daily transactions.
The advantages of interfacing with Jinius Remittance Management service include:
- Sending payment request from the accounting system to 1bank via the Jinius platform
- Instant notification via the Jinius platform of successful payment completion and integration capability of information into the accounting system, making it easier to match payment records with related invoices and credit memos.
- Automation saves valuable time and reduces operational costs associated with payments
As the Managing Director of Supernova Kyriakos Stylianidis characteristically stated, “digital transformation makes sense if we are part of the ecosystem and the Jinius empowers the digital transformation effort. If each company tried to do it alone, the cost, effort and time would be much greater.”