What file format do invoices need to be in?

FastBank accepts invoices in multiple formats including PDFs, email attachments, Word documents, and image files. Once received, AI-powered OCR extracts invoice data and automatically populates the fields in SAP Business One.

How are payments executed?

Payments are initiated directly from FastBank, connected to your AP workflow in SAP Business One. There are no manual file exports or bank portal logins required.

How is remittance advice delivered?

Once a payment is executed, FastBank automatically sends remittance advice to the vendor. No manual follow-up is needed from your team.

How accurate is the data extraction?

AI-powered OCR extracts vendor, date, amounts, line items, and taxes directly from incoming invoices. If any fields require review, your team can validate and correct them before the invoice is submitted to SAP Business One.

What payment methods are supported?

FastBank supports ACH, virtual card, check, and wire transfers. You can choose the appropriate method for each vendor at the time of payment.

How do payments reconcile in SAP?

Payments are reconciled through FastBank's reconciliation engine. Once processed, results sync back to SAP Business One and invoices are closed automatically.

Pay vendors directly from SAP Business One.

Execute ACH, virtual card, check, or wire payments
without leaving your AP workflow.

Schedule a demo

Paying vendors shouldn't require switching between systems.

When payment execution happens outside of SAP, your team ends up managing the same data in multiple places.

1

Scheduling and disbursing vendor payments is often a manual, time-consuming process that is prone to errors.

2

Payment status has to be tracked separately, with no visibility inside SAP.

3

Payments get reconciled after the fact, creating delays and gaps in your AP records.

Vendor payments executed directly from SAP.

FastBank connects your AP workflow to payment execution, so invoices get paid, vendors get notified, and SAP stays up to date automatically.

Batch Vendor Payments

Select approved invoices and pay multiple vendors in a single run. No manual file exports, no separate portal.

Multiple Payment Methods

Pay by ACH, virtual card, check, or wire. Choose the right method for each vendor without changing your workflow.

Remittance Delivery

Remittance advice is sent to vendors automatically once payment is executed.

SAP Payment Reconciliation

FastBank reconciles payment activity back to SAP Business One, ensuring payment records stay accurate and aligned with your AP data.

Proven in SAP Business One environments

Backed by deep SAP Business One expertise and proven performance at scale.

See it in action

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years of collective experience in business software and payments

Works with 10K+ banks

Up and running without disruption.

FastBank connects to SAP Business One and starts processing invoices from day one without changing how your vendors send them.

1

Select invoices
to pay

Schedule vendor payments directly in SAP Business One by selecting approved invoices or running a payment batch.

2

FastBank disburses the payment

FastBank picks up the scheduled payments and generates the payment file or securely processes the disbursement through integrated payment partners.

3

Vendors get paid and SAP stays updated

Vendors receive payment and remittance advice automatically, while payment activity is reconciled back to SAP Business One.

Frequently Asked Questions

See FastBank in action

Request a personalized demo to explore how FastBank integrates with SAP Business One and streamlines your financial workflows.