Benefits
Why companies should consider using the Magnius SAP connector
Magnius provides the Intelligent Payment Platform in two versions: one for financial institutions and one for merchants.
When you have access to the Digital Payments Add-on for S/4HANA, you are able to use the Magnius module to connect Adyen directly to your SAP environment.
We created a connector for the SAP Digital Payments Add-on (DPAO). This connector will allow merchants to seamlessly integrate Adyen who is no SAP Certified PartnerEdge for payment processing, refund handling, reconciliation, and reporting within SAP S/4HANA. The integration process is straightforward due to its standardized nature, yet can still be tailored to meet the client’s specific needs. The added advantage is the easy installation and the secure and streamlined maintenance of the system as it operates within a closed loop system. Here are some other benefits of using DPAO in combination with the Magnius SAP PSP connector.
DPAO and Magnius Connect simplify and automate payment processes, reducing manual errors and increasing efficiency. With this, companies can manage payments from start to finish, including invoice creation, payment execution, and reconciliation.
By streamlining payment processes and reducing manual errors, DPAO and Magnius Connect can help companies to save time and money. This makes it a smart investment for companies looking to optimize their financial processes and increase efficiency.
DPAO and Magnius Connect are designed to meet the highest security and compliance standards, ensuring that sensitive financial information is protected at all times. It also integrates with other SAP solutions, such as SAP Bank Communication Management, to further enhance security and compliance.
DPAO and Magnius Connect make it easy for companies to offer their customers a range of payment options, including online and mobile payments. This enhances the customer experience, making it easier and more convenient for customers to pay for goods and services.
DPAO and the Magnius SAP PSP connector provide real-time visibility into payment status and reconciliation, giving companies greater control over their financial processes. This includes the ability to manage multiple bank accounts and payment methods, making it easier to reconcile payments and resolve any discrepancies.
The Magnius SAP PSP connector is fully integrated with Adyen, the industry-leading PSP. Magnius is able to add more PSPs on request to offer a global solution for all payments.