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connected banking feature

What is connected Banking?

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ICICI Bank Connected Banking is an industry first initiative for the ERP platforms (expense management/ vendor management/ payroll management) and the ICICI Bank Corporate Internet Banking to collaborate and make the payment/ collections/ reconciliation seamless for the B2B Business segments operating in the domain of vendor management/ expense management/ invoicing/ payroll segment.

 

ICICI Bank is the only bank which has enabled deep integration with top market players of ERP by providing seamless payments/ reconciliation facility right across the ERP platform with no need for the customers to toggle between multiple applications. Thus, making their expense management/ vendor management/ payroll processing smooth and seamless.

 

Benefits:

  1. Hassle-free payment/ collection directly from ERP with no need to toggle between ERP and ICICI Bank Corporate Internet Banking platform.
  2. Automated reconciliation for customer payments directly on ERP with no need of matching individual records with individual transactions reducing the TAT.

To know more about connected banking, click here.