Finance teams often work with multiple systems: business or accounting software on one side and banking tools on the other. This separation doesn’t just mean extra manual work – downloading and uploading payment files, double-checking statements, and switching between platforms – it also increases the risk of errors and creates potential security gaps.
An integrated workflow reduces these risks. By combining Isabel 6 and Isabel Connect, finance teams can manage their banking directly in Adfinity. This way, they can access bank data, create payments, and sign them with less manual work, fewer errors, and more control.
A smooth start: create payments directly in Adfinity
Banking embedded into business software simplifies the start of the payment process and reduces errors. Here’s how it works:
- Initiate (bulk) payments directly in Adfinity.
- Send payment files to Isabel 6 with one click, ready for signing according to bank mandates.
- Receive updated bank statements (CODA, MT940, CAMT, …) in Isabel 6, automatically imported into Adfinity overnight (full automation as of Adfinity version 2.7).
This automation reduces manual steps and limits the need to store sensitive files locally, so banking data stays accurate and up to date, directly in the software.
Today, 44 Adfinity customers already benefit from this integrated setup.
A secure finish: sign payments in Isabel 6
The final step of any payment – signing – is also the most sensitive. Mistakes or fraud at this stage can have serious consequences, so control is essential. A secure signing workflow helps finance teams process payments with confidence: multiple signers prevent anyone from approving alone, a complete transaction history and audit trail provide transparency on who signed what, and fraud detection flags unusual activity.
With Isabel 6, these safeguards are built into the workflow, meaning finance teams can handle the most critical step both efficiently and securely.
An extra security layer: "Verification of the beneficiary’s name"
To further reduce risk, Isabel 6 now includes "Verification of the Beneficiary Name" (VoP). For each SEPA transfer, the beneficiary name is checked against the provided account number (IBAN). This applies to both manually entered payments and payment files sent from business software like Adfinity to Isabel 6.
For every payment, the signer receives a visual notification in Isabel 6 and can decide to confirm or cancel the payment. The notification itself does not affect the execution of the payment; it is an extra check to help prevent fraud and misdirected transfers.
Looking ahead: verification results in business software
We’re exploring how to make these verification results directly available inside software solutions. This would allow finance teams to assess the impact of VoP checks even faster, within their trusted environment.
Let us know if this would be valuable for your organisation. Your input helps us align future integrations even more closely with the day-to-day reality of finance teams.
