Electronic supplier payments

Requirement

Functionality for electronic payments and remittances of invoices to approved suppliers, through the banking systems of a specific country, is a normal business requirement.

All bank transactions are cleared centrally.

This country is part of SEPA. SEPA and non-SEPA payments can be processed. The SEPA Credit Transfer format is based on the general ISO 20022 standards. These specifications are based on the SEPA Credit Transfer Rulebook.

M3 solution

The supplier payment proposal is used to select the invoices and the credit invoices that are to be included in a payment run. On update of the proposal, a detailed electronic payment file, to domestic, SEPA or international banking standards (non-SEPA), is produced.

The SEPA and non-SEPA, including domestic electronic supplier payment messages, are delivered with this country version.

In M3, domestic and international payments in Sweden can be performed in different ways:
  • Through the Swedish BankGirot and PlusGirot clearing systems, in their proprietary formats
  • Directly from the Danske Bank, BND, Handelsbanken, Nordea, SEB, and Swedbanks banks, in SEPA XML formats

For this country version, these messages have been adapted, as made available in Infor Localization Services GEMS, ‘Credit Transfer – 100026’:

  • ‘SE – Credit Transfer pain001 Danske’
  • ‘SE – Credit Transfer pain001 DNB’
  • ‘SE – Credit Transfer pain001 Handelsbanken’
  • ‘SE – Credit Transfer pain001 Nordea CAP and eGateway'
  • ‘SE – Credit Transfer pain001 SEB’
  • ‘SE – Credit Transfer pain001 Swedbank’
  • ‘SE – Credit Transfer BankGiro Local’
  • ‘SE – Credit Transfer BankGiro Foreign’
  • ‘SE – Credit Transfer PlusGiro CFP Local’
  • ‘SE – Credit Transfer PlusGiro CFP Foreign’

Configuration guidelines

Program ID Program name Description or comment
CRS405 FAM Function. Open Configure function AP32.
APS130 Supplier Payment Proposal. Open Create a proposal, review and confirm it.

See the Infor M3 Core Configuration Guide for Infor Localization Services GEMS for the detailed configuration guidelines for the applicable messages.