Company Bank für Sozialwirtschaft AG Headquarters Cologne, Germany

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Presentation transcript:

Bank für Sozialwirtschaft: Preparing for the Future of Payments with SAP® Payment Engine Company Bank für Sozialwirtschaft AG Headquarters Cologne, Germany Industry Banking Products and Services Financial services for social service and healthcare Organizations Employees 384 Assets €8.6 billion Web Site www.sozialbank.de Partners SAP® Consulting, SAP Active Global Support, and SAP Custom Development organizations Objectives Comply with Single Euro Payments Area (SEPA) requirements Increase performance for a high volume of payment transactions Improve usability and software test plans (STP) Why SAP One application to unify, streamline, and manage all payment processing end to end, including TARGET2, SEPA, and international transfers A single reliable partner for a fast implementation with minimal business impact Resolution Worked with SAP Consulting, SAP Active Global Support, and SAP Custom Development to deploy the SAP Payment Engine application Completed the implementation without business disruption in just 10 months Future plans Increase offerings for the customer through flexible payment products and services 100% SEPA compliance​ 4x Faster payment processing, increasing productivity​ Lower Costs with a single processing hub for all payments​ Better Usability and STP​ “SAP Payment Engine is an ideal complement to our system landscape. It is able to handle new SEPA XML formats that require significantly increased performance. Through continuous improvement and enhancement of this software, we can make our payment processing future-proof."​ Bernd Bauer, IT Director, Bank für Sozialwirtschaft AG 39880 (15/07) This content is approved by the customer and may not be altered under any circumstances.