Improve bank account lifecycle management

Business value

Bank accounts are the key master data for all banks' relevant transactions. You need to manage bank accounts well, including bank account openings, closings, changes, signature management, and periodical auditing. With this feature, you get sophisticated bank account lifecycle management.

Feature details

This feature provides extra legal entity bank account lifecycle management capabilities in Dynamics 365 Finance: - Approval workflow for bank account activation, modification, and deactivation. - Configurable protected fields to set whether bank account modification requires approval. - Approver can review proposed changes on the bank account. - Bank account change history for auditing purposes. - Additional signer primary data on the bank account.