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EDI for Banking & Finance

Be faster and, more secure. Choose Comarch EDI Platform for Banking.

Simplify Banking Data Exchange Optimize Your Data Flow

Automate data flows and gain real-time insights with Comarch EDI, the powerful data exchange solution built for the financial services industry.

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EDI Platform for Banking

Comarch EDI in Banking: Automate, Secure, and Grow

The future of banking is automated. Enter tomorrow with Comarch EDI. Streamline your financial transactions, enhance data accuracy, and boost operational productivity like never before.

With our electronic data interchange platform, banks automate document exchange, reduce manual errors, and ensure secure data transfer. Ensure compliance with global standards, enabling your institution to focus on growth and innovation.

Electronic Data Interchange Platform for Banking

Overcome Data Exchange Hurdles

Automating Invoice Exchange

The Comarch EDI platform automates invoice exchange and efficiently handles various invoice scenarios (involving banks, third parties, and factoring). This simplifies your invoicing process, saving time and reducing errors associated with manual invoice handling.

    Compliance Across Countries

    The platform supports compliance with governmental e-invoicing systems across multiple countries, including Poland (KSeF), France (Chorus Pro, AIFE), Italy (SDI), Finland (Tie-to, Tieke), Germany (OZG, ZRE), Hungary (NAV), Romania (ANAF), and Spain (Face).

      DORA Regulatory Requirements

      Our solution offers e-invoicing compliance, integrates with legacy systems, facilitates security assessments, and more.

        High SLAs

        Ensure reliable data processing and error-free exchange to meet strict SLA requirements.

          Multi-Level Invoicing

          Discover how this platform simplifies the management of invoices at all levels within the financial institution and for customer transactions.

            Data Quality and Standardization

            The Comarch EDI platform ensures data accuracy and consistency, reducing errors and improving overall efficiency. By automating data mapping and validation, we help you achieve seamless integration with partners, regardless of their systems or processes.

              Experience visible, measurable benefits for your business with Comarch EDI

              Comarch as a Trusted Partner in Banking EDI Since 1999

              For over two decades, Comarch has been at the forefront of EDI solutions specifically tailored to the changing needs of the banking industry. Our deep understanding of the complex challenges faced by banks, regulators, and financial institutions allows us to craft solutions that optimize data exchange and ensure seamless communication.

              Currently, the financial sector is experiencing a wave of regulatory changes designed to enhance security, operational resilience, and transparency. Comarch EDI is your partner in navigating these laws.

              • Digital Operational Resilience Act (DORA): This framework enforces stricter digital security for EU finance. With a deadline of January 16, 2025 for full implementation, banks can demonstrate their commitment to robust digital security and operational resilience by partnering with a DORA-compliant EDI provider, such as Comarch. Our EDI solution offers features that support compliance efforts, such as enhanced security protocols and efficient data management.
              • E-Invoicing Mandates: The EU and individual member states are increasingly mandating the use of electronic invoicing for B2B transactions. Comarch EDI platform provides a seamless solution for e-invoicing compliance. We help banks meet these requirements across various jurisdictions, automate invoice exchange, and ensure data accuracy. 

              Leading Financial Institutions Choose Comarch EDI

              Access More Case Studies

               

              Built for Banking:
              Essential EDI Features Tailored for Financial Success

              Discover the full potential of Comarch EDI platform and learn more about the core functionalities.

              PEPPOL integration

              Enables seamless data exchange with a global network of businesses and government institutions.

                Support of factoring processes

                Streamlines the handling of invoices for financing purposes.

                  Invoice verification/anonymous inquiries (e.g., KSeF)

                  Allows banks to verify invoices and retrieve information anonymously from systems such as KSeF.

                    Data security

                    Given the sensitive nature of financial data, banks must ensure that e-invoicing systems comply with industry standards and regulatory requirements for data encryption, access control, and secure transmission protocols to safeguard sensitive information.

                      Enrichment of documents (data from various systems/routing to multiple systems)

                      Enhances invoices with additional data from various internal systems and routes them to relevant destinations within the bank or to external business partners.

                        Self-billing

                        Automates and simplifies self-billing processes for efficient management of agreements and transactions.

                          Connect Effortlessly with All Business Partners

                          Leverage the expertise of our top EDI specialists to seamlessly unify your internal systems and connect with your entire business ecosystem. This includes suppliers, customers, stakeholders, logistics providers (LSPs & 3PLs), subsidiaries, tax authorities, government platforms, and any other partner in your document exchange network. No matter who you need to connect with, Comarch EDI makes it easy.

                          EDI Integration Platform

                          Common EDI Transactions in the Banking Industry

                          Have you ever wished for a universal language in banking? EDI transactions come close to that. These standardized electronic messages optimize communication between financial institutions and their partners, similar to pre-formatted documents with specific fields for vital information, like account numbers, amounts, or transaction details.

                          Implementing an EDI system can significantly automate processes, reduce errors, and free up valuable resources. Ready to optimize your data exchange? Learn more about how EDI can improve your banking operations!

                          Talk to an EDI Expert

                          • EDI 810 - Invoice
                            Send invoices electronically for faster processing and improved cash flow.

                          • EDI 248 - Account Assignment/Inquiry and Service/Status
                            Quickly manage accounts, inquire about account details, and check statuses.

                          • EDI 812 - Credit/Debit Adjustment
                            Easily handle adjustments to invoices and accounts for efficient resolution.

                          • EDI 820 - Payment Order/Remittance Advice
                            Initiate and communicate electronic payments for more secure transactions.

                          • EDI 821 - Financial Information Reporting
                            Share and receive detailed financial data, such as account statements and transaction reports, for improved transparency and decision-making.
                          • EDI 823 - Lockbox
                            Automate lockbox payment processing, saving time and resources.
                          • EDI 829 - Payment Cancellation Request
                            Cancel erroneous or duplicate payment orders quickly and securely.
                          • EDI 850 - Purchase Order
                            Automate purchase orders to reduce procurement costs.

                          The Tangible Benefits of Comarch EDI Platform?

                          The banking and finance industry operates in a strict regulatory environment, with supervisory authorities such as KNF (Poland) and AMF (France) dictating specific requirements for e-invoicing. Comarch EDI goes beyond ensuring compliance. It provides a comprehensive solution that addresses the unique challenges faced by banks in the e-invoicing field.

                          • Simplified Regulatory Compliance: Comarch EDI stays up-to-date with the latest regulations from KNF, AMF, DORA, and other regulatory bodies. It ensures your e-invoicing processes adhere to all data format, content, storage, and transmission requirements.
                          • Enhanced Data Security: Our solution leverages robust data encryption, access controls, and secure transmission protocols to safeguard sensitive financial data throughout the e-invoicing process. This ensures compliance with industry standards and regulatory requirements.
                          • Seamless Integration: Integrate seamlessly with your existing banking systems and workflows. Comarch’s platform eliminates manual data entry, streamlines invoice processing, and facilitates efficient reconciliation within your infrastructure.
                          • Automated Audit Trails: Comarch EDI automatically generates comprehensive audit trails for all electronic invoices. These detailed records track invoice activity (issuance, receipt, approval, payment) and associated documentation, ensuring effortless compliance with audit requirements.

                          Comply & Grow. Get Started

                          Key Benefits of Comarch Electronic Data Interchange Platform for Banking

                          Why Comarch?

                          • We stay ahead of evolving regulations, like those set by national supervisory authorities, offering compliance in over 60 countries.
                          • Gain complete control with our real-time monitoring portal. Track document flow, partner configuration, service level agreements (SLAs), and receive error notifications for proactive issue resolution.
                          • Comarch EDI meets the strictest financial and banking industry standards. Leverage state-of-the-art security with data encryption, access controls, and secure transmission protocols.
                          • Eliminate data entry errors and streamline processes. Comarch EDI integrates effortlessly with your existing banking systems and workflows.
                          • Maintain complete audit trails with our advanced tracking capabilities. Track all aspects of your e-invoicing process, from issuance and receipt to approvals and payments.
                          • Comarch EDI supports the SWIFT standard commonly used by banks and integrates with a wide range of other communication protocols

                          Choose Comarch for a secure, compliant, and efficient e-invoicing solution that modernizes your operations.

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                          • EDI Onboarding Best Practices

                            How to successfully connect your B2B partners

                             

                            Master Banking Regulations with Comarch EDI

                            Comarch EDI platform isn’t just about exchanging data. It’s about revolutionizing how banks connect. This modern, transparent, and secure solution tackles the unique challenges of financial communication, delivering seamless and compliant data exchange.

                            Experience the Difference: Try Our Demo

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