Maximising efficiency in treasury management with the SAP Connector

SAP is the world’s leading ERP system and the largest publicly traded company in Germany by market capitalisation.

Most large companies rely on this system to manage financial, logistics, production, and human resources processes, among others.

However, integrating SAP with third-party applications remains a challenge, particularly in treasury software and banking interfaces.

In many cases, these integrations rely on outdated and inefficient connections that do not allow for real-time data access. This poses significant issues for treasury management in large organisations.

Digital transformation, however, has accelerated the automation of these processes, enabling more tasks to be performed in real time.

This is where the Invictia Connector, a product by Brait, becomes a game-changer.

Thanks to its direct integration with SAP, Invictia simplifies and optimises treasury management by enabling real-time bank reconciliation and improving financial visibility without relying on manual processes.

Below, we explain how this connector works and how it integrates with the Embat platform.

How SAP integrates with Embat: a deep dive into Invictia, the Brait connector

Invictia is an add-on developed by Brait for SAP that acts as a connector, facilitating integration between the ERP and various banking platforms and specialised treasury software.

Through Invictia, businesses can connect their ERP with treasury management software, such as Embat, to obtain real-time accounting and business information.

The integration of Invictia with SAP automates key treasury management functions like the creation of master data, sending financial transactions, and receiving payment information.

Specifically, this API enables synchronous communication between SAP and banking platforms, ensuring secure connections via web services (SSL). This connectivity can be direct or through middleware (an intermediary software that facilitates communication between two different systems), with all connections initiated by SAP (outbound), providing a robust security layer.

This add-on is compatible with both SAP ECC and SAP S/4HANA. Since it is built in ABAP, it is easy to maintain and extend. In addition, it is straightforward to install and requires no additional SAP notes.

What information is sent from SAP through the connector?

The Invictia connector synchronises a series of master data from SAP to the corresponding software, such as Embat. This includes:

Business partners: Both the customer's payables and receivables, at the company code level. All suppliers and customers are created with the corresponding contact information.

• Business partners: both the customer's payables and receivables, at the company code level. All suppliers and customers are created with the corresponding contact information.

• Cost centres: mapped per company code.

• General ledge accounts: based on the chart of accounts assigned to each company code. The accounting accounts created in SAP are mapped to those maintained in the external software.

Additionally, all transactional data on the outstanding portfolio of customers and suppliers, along with other data necessary for treasury accounting, is transmitted.

Finally, it is important to note that this communication is bidirectional. SAP sends the accounting information and existing master data in its ERP, while Embat updates SAP with synchronised data, for instance, when bank reconciliation is performed. In this way, data remains aligned across both environments at all times and in real-time.

Advantages of using the AddOn with SAP

Embat's integration with SAP through Invictia's connector offers multiple benefits for treasury management, making the reconciliation process faster, more accurate, and less labour-intensive. Some of the main advantages include:

• No suspense accounts are needed to perform the reconciliation: one of the main benefits of using the connector with Embat is that it eliminates the need for suspense accounts in SAP to reconcile transactions By synchronising directly with the bank, Embat updates SAP accounting information in real time, reflecting the most recent transactions instantly.

• Real-time bank position: the integration ensures that the company's finance team can always see the most up-to-date bank balances without the need to manually upload or download files. This real-time visibility into the financial position aids in making more informed decisions, whether for liquidity management, investment planning, or debt servicing.

• Automatic master data maintenance: Embat automatically detects and maps key financial master data such as customers, suppliers, cost centres, and accounting accounts. Whether you are using SAP ECC or S/4HANA, the system recognises and updates the relevant data using JSON files sent to the Invictia API. This ensures that every business entity within the SAP environment has synchronised and up-to-date data.

• Reduced administrative effort: traditional banking integrations with SAP often require manual file management and time-consuming processes. Embat simplifies this through automation, using artificial intelligence to reconcile movements. With fewer manual interventions required, companies can significantly reduce errors and administrative burden.

• Hassle-free banking connectivity: Embat simplifies the complexity of managing file formats and banking connections, freeing companies from the need to adapt their processes to varying requirements. The API standardises communication across multiple banking platforms.‍

• AI-assisted reconciliation: one of Embat's standout features is its ability to use artificial intelligence to reconcile bank transactions. AI matches transactions faster and more accurately than manual processes, enhancing the speed and efficiency of financial reporting.

• Future-proof treasury management: Embat's flexibility ensures it remains a vital tool for optimising treasury operations well into the future. As companies grow or expand into new markets, the platform’s capability to manage multiple entities, partnerships, and banking connections across different regions makes it a valuable long-term investment.

Conclusion: Embat's impact on treasury efficiency

Invictia's connector for SAP is more than just an add-on; it is a strategic tool for companies aiming to optimise their treasury management processes. By automating key tasks such as master data synchronisation, real-time bank updates, and payment reconciliation, Embat significantly reduces the administrative burden on finance teams.

Its seamless integration with SAP makes it a natural choice for companies relying on this ERP to manage their financial operations, equipping them with the tools needed to stay agile in an ever-changing marketplace.

By leveraging real-time banking insights, minimising manual processes, and incorporating AI-powered reconciliation, Embat empowers companies to operate with greater transparency, accuracy, and efficiency.