Products

Bank Connector

ERP-to-bank connectivity remains a pain point for many organizations. Manual file uploads, inconsistent bank formats, and limited automation lead to delays, errors, and compliance risks.

Designed for companies that need the basics of bank connectivity with their cloud ERP, the Cobase Bank Connector offers a secure, standardized link between your cloud ERP and all your banks, automating payment file and statement flows no custom setups or multiple portals needed. It’s ideal for businesses using Oracle NetSuite, Microsoft Dynamics 365 Business Central, or SAP S/4HANA that need basic, reliable bank connectivity.

For more complex needs, such as cash management, dashboards, salary runs, or other ERP setups, the Cobase Payment Hub extends this with full centralization and ERP-agnostic integration.

Bank Connector

Multi-bank connectivity made simple

Fragmented banking setups across systems, regions, and entities cause manual work, token overload, and inconsistent audit trails. Cobase centralizes all bank connectivity in one secure platform, eliminating the need for separate integrations and portals.

With one connection from your ERP to Cobase, you gain access to a wide range of banks. Cobase handles the complexity, authentication, formatting, and communication—behind the scenes.

Key features

Centralized bank connectivity via a single ERP connection

Automated payment processing and approvals with one token

Centralized user management with full control and audit logging

Automated standardized bank statement import for reconciliation

Real-time payment status tracking with ERP sync.

ERP integration for Oracle Netsuite, Microsoft Dynamics 365, SAP4/Hana

Built-in security, access control, and compliance

Format conversion for MT101, PAIN.001, MT940, CAMT.053, BAI2, CSV, and more

Frequently asked questions

What is the Cobase Bank Connector?

The Cobase Bank Connector is built for cloud-based ERP systems such as Oracle NetSuite, Microsoft Dynamics 365 Business Central, and SAP S/4HANA. It provides secure, standardized bank connectivity for companies that do not require a full-scale platform but need to automate payment file transfers and bank statement imports directly from their ERP. This eliminates fragmented connections, multiple bank portals, and manual file handling.

Does Cobase support other ERP systems?

Yes, Cobase supports a wide range of ERP systems. Our Payment Hub is ERP-agnostic and designed to integrate with almost any ERP solution. This is achieved through standardized file transfer protocols (such as SFTP or FTPS) and bespoke API integrations, depending on the technical capabilities and preferences of your ERP landscape.

How does Cobase handle payment files and bank statements?

Cobase automates the secure receipt of payment files from your ERP, validates and formats them according to each bank’s specifications, and prepares them for execution. Daily bank statements are also imported automatically in the right format, enabling fast and accurate reconciliation within your ERP.

Does Cobase support centralized approval workflows and user management?

Yes. Cobase offers centralized user rights management and payment approvals in one secure platform. A single token is used for all approvals, eliminating the need to log into multiple bank portals. Every action is logged in a unified audit trail, accessible on desktop and mobile.

Can Cobase track payment statuses and support various bank file formats?

Absolutely. Cobase tracks payment statuses in real-time—pending, approved, executed, or rejected—and syncs updates back to your ERP. It also handles file format conversions for all major standards including SWIFT MT101, XML ISO 20022 (PAIN.001, CAMT.053), MT940, BAI2, and CSV.