EmergeNext ADNM has developed a packaged ISV solution for Microsoft Dynamics NAV (Navision) that improves ACH payment processing and controls around all aspects of originating ACH payments from within Dynamics NAV (Navision).  The application can be used for both push and pull ACH transactions (credits and debits) and has preexisting interfaces built for most of the bank portal applications used by most of the 50 largest US banks by deposit.  Some significant features of the application include:

• Separate electronic funds transfer (EFT) ledger captures origination of payment and receipt of payment confirmation from bank.
• Easy ability to reverse a failed payment transaction.
• Flexible workflow allows for custom designed approval processes.
• Scheduling feature allows for automatic payment scheduling (commonly used for debit transactions for customer subscriptions or contracts).
• Existing interfaces with over 30 of the largest 50 US banks by deposit.
• EmergeNext ADNM offers free development of bank interfaces for banks with which no existing interface exists.
• Leverages existing payment journal functionality within NAV (Navision) allowing for automation of periodic payment runs.
• Excellent solution for automation of employee expense reimbursements via direct deposit.

Out-of-the-box Dynamics NAV (Navision) only allows for the recording of electronic payments manually once they have been originated with the bank.  There is no existing functionality to automatically interface with banks, therefore users must manually transmit payment details to the bank on a payment by payment basis.  Our solution allows for automatic transmission of electronic payments in batches allowing for single click transmission of an unlimited number of payments per batch.

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