ELIAN Solutions and Finqware sign a strategic partnership for business automation through real-time payment reconciliation directly in ERP

Blog, Media

București, 5 martie 2024

ELIAN Solutions, part of Bittnet Group, a company specializing in Microsoft Dynamics 365 Business Central ERP software solutions, and Finqware, a leader in automating financial operations for companies, announced today the signing of a strategic partnership designed to bring significant benefits in terms of real-time payment reconciliation and financial operations automation for businesses.

ELIAN Solutions, with 16 years of experience in implementing the Microsoft Dynamics 365 Business Central ERP software solution, has highlighted the increasing need for companies to automate and optimize financial processes. As part of the Business Platforms & Software pillar within the Bittnet Group, the company has established itself as a significant player in the ERP solutions market, contributing to the improvement of efficiency and operational performance for businesses across various sectors and ranking among the top three Microsoft partners in Romania.

Finqware, with solid experience in providing automation solutions for financial operations, is pleased to announce the integration of its FinqTreasury platform, aimed at treasury management and real-time payment reconciliation, with the Microsoft Dynamics 365 Business Central ERP solution offered by ELIAN Solutions.

Through this partnership, clients will benefit from a comprehensive and integrated solution that efficiently and transparently covers both the specific treasury management needs and the payment reconciliation requirements. Specifically, in an era where the implementation of instant payments is proliferating, companies need to reconcile payments not just once a day, with the previous day’s statements, but several times a day, in real time. This is made possible by combining Finqware’s proprietary bank connectivity technology through API interfaces and ELIAN Solutions’ high-class expertise in ERP solution implementations.

This collaboration represents a significant step towards operational efficiency and the optimization of financial processes for companies in various sectors.

“We are excited to announce this collaboration with Finqware, as it brings significant value to our existing portfolio of solutions. In the current business environment, automation and real-time payment reconciliation are becoming increasingly important for companies, and this alliance strengthens our position as providers of complete, efficient, and cutting-edge solutions for our clients,” stated Alina Ionescu, Sales Manager, ELIAN Solutions.

“Finqware is dedicated to providing innovative and efficient solutions for financial operations, and the partnership with ELIAN Solutions represents an important step towards offering integrated solutions tailored to the current needs of businesses. We are confident that by combining our expertise, we will provide our clients with a complete and robust solution for efficient treasury management and payment reconciliation,” added Elena Cosma, Senior Product Manager FinqTreasury – Finqware.

About ELIAN Solutions

ELIAN Solutions is part of Bittnet Group, under the Business Platforms & Software pillar. The company was founded in 2008, specializing in implementation, programming, and development services, as well as support and maintenance for the Microsoft Dynamics 365 Business Central ERP (Enterprise Resource Planning) solution, whether standard or customized (formerly NAV or Navision). ELIAN is the first Romanian company to be included in the “Top 20 Most Promising Microsoft Dynamics Solution Providers” and ranks in the top 3 Microsoft-recommended partners in Romania. It recently earned the CSP (Cloud Solutions Partner) distinction for Business Applications due to its extended ability to deliver solutions using Dynamics 365 and Power Platform technologies. This achievement places ELIAN among the first Microsoft partners in Eastern Europe to receive this designation. More details about ELIAN Solutions are available on www.elian-solutions.ro, on YouTube, Facebook, LinkedIn, Instagram, Twitter channels.

About Finqware

Finqware is a leader in providing automation solutions for financial operations, with top expertise in the TMA (Treasury Management Automation) category. Its platform, FinqTreasury, has already been successfully implemented in medium and large companies such as Nepi Rockcastle, Fan Courier, Selfpay, Electrica, One Properties, Medlife, and others, facilitating efficient treasury management, centralization of bank payments, and real-time payment reconciliation. Finqware continues to innovate in the field and plans to launch new solutions, including for account-to-account payments and complex financial reporting for its client companies. For more information about Finqware, we invite you to visit www.finqware.com.

Article published in Piata Financiara.ro