I like that SAP Multi-Bank Connectivity centralizes everything in one place. Managing payment files and bank statements directly from SAP reduces the need for manual work and eliminates the hassle of dealing with multiple bank portals, so we don't have to manually upload every single file. Review collected by and hosted on G2.com.

Some processes could be a bit more intuitive. It can be especially hard for first-time users. The setup and configuration steps could be more simple. The onboarding could be a bit more guided or with better instructions. It was a bit complex and took some time. It could be a bit easier. Review collected by and hosted on G2.com.

I like the security of SAP Multi-Bank Connectivity and the confirmation from banks that the payment has been made. It's easy to use for making secure payments to suppliers and employees. The initial setup was fairly easy with the help of SAP and our system implementers. Review collected by and hosted on G2.com.

Occasional delay due to cloud server issues Review collected by and hosted on G2.com.

I really appreciate how SAP Multi-Bank Connectivity saves us a lot of time by automatically retrieving data into NetSuite. I also like that we can rely on the accuracy of the data, which is crucial for our operations. Review collected by and hosted on G2.com.

Sometimes it's harder to establish connectivity with some of our foreign bank accounts, like those in Singapore with DBS and in Belgium with Belfast, because they're not mainstream and might not have standard API connectivity. The initial setup isn't so easy; there were some complications due to different banks having different types of connectivity. Review collected by and hosted on G2.com.

I find SAP Multi-Bank Connectivity very easy to use and convenient. It simplifies my work by acting as a hub, allowing me to send payment files to banks without maintaining direct connections to each one. I also like that daily statements can be imported into SAP quickly. Review collected by and hosted on G2.com.

Better standardization could be improved. It currently supports a set standardization like SWIFT and EBICS, and there's room for improvement. Review collected by and hosted on G2.com.

Centralized bank integration that streamlines payments and statement processing across multiple banks. It increases visibility, cuts down on manual work, and strengthens control, security, and overall efficiency in treasury operations. Review collected by and hosted on G2.com.

Initial setup and bank onboarding can be complex and time-consuming. Limited flexibility for non-standard formats, dependency on SAP support, and troubleshooting issues can slow operations. Review collected by and hosted on G2.com.

What I like about SAP Multi-Bank Connectivity is how it simplifies something that is usually complex. Instead of managing separate connections with every bank, everything runs through one secure, central platform. It reduces manual work, improves visibility over cash positions, and makes payment processing more efficient. I also appreciate the standardisation aspect, especially for organisations operating across multiple countries, because it creates consistency and control without adding operational burden Review collected by and hosted on G2.com.

What I dislike is that it can feel heavily dependent on SAP’s ecosystem, which may limit flexibility if a company uses multiple non SAP systems.this is what I dislike not being able to connect to other software outside SAP Review collected by and hosted on G2.com.

What I like best about SAP Multi-Bank Connectivity is how it lets you connect to tons of banks all at once, super simple and secure. No more messing around with each one separately for payments or statements, everything’s right there in SAP, fast and error-free. It’s a total game-changer, saves hours on admin stuff. Review collected by and hosted on G2.com.

What I dislike about SAP Multi-Bank Connectivity is the setup can be a bit of a hassle at first getting all the bank connections approved and configured takes time, especially if your banks are picky. Also, it’s not super intuitive for new users, so you might need some training. Once it’s running though, it’s fine. Review collected by and hosted on G2.com.

I like the single integration feature and the ease it brings by simplifying connections with different banks. The fact that there's a one-time setup and then it's good to go is a standout aspect for me. I appreciate how it allows us to easily reconcile transactions in our Accounting system. Review collected by and hosted on G2.com.

Nothing as such Review collected by and hosted on G2.com.

It solves a problem of connecting a business to a bank in a better manner than competitors. It also integrates all financial services providers as well as increases the efficiency and transparency Review collected by and hosted on G2.com.

The only thing I would say that is still could have been improved is the UI, but this applies to the rest of sap products as well. It is not a dealbreaker but as a user I would like to have more user friendly interface, although it does the job great Review collected by and hosted on G2.com.

What I appreciate most about SAP Multi-Bank Connectivity is having all payment and bank message information centralized in one location. This is especially helpful for payroll tasks, as it eliminates the need to switch between multiple bank portals just to check if a file was processed or if a statement has arrived. The tracking features are very straightforward, I can easily see which transactions succeeded, which failed, and which require attention, all without unnecessary hassle. Overall, it streamlines the entire payment process and significantly reduces stress, particularly when working under tight deadlines. Review collected by and hosted on G2.com.

The error messages that appear when something goes wrong aren’t always very clear, which means I often have to spend extra time figuring out the exact issue. At times, the descriptions seem too generic, so I end up searching around to identify the real problem. While this isn’t a major issue, it can become a bit of a hassle during payroll cycles when time is limited, as it tends to slow down the process. Review collected by and hosted on G2.com.