BK01 and BKXL are what we use to process mass payment transactions effectively. Beyond this core use, BK01 and BKXL develop their utility by also optimising higher-level processes to do with incoming or outgoing payments.

Automation and integration

Almost without exception, the bookkeeping processes of our target groups contain workflow stages in which payments are triggered. We can automate these processes with our procedures to a large degree, and this yields appreciable reductions in working time and costs.

The key to this success is that we largely do away with the separation of payments and bookkeeping, that is, the split between the bank account system and the corporate software.

BK01 and BKXL run a modern, SEPA-oriented account management system and are very accurate in allocating outstanding payment items because they use virtual account numbers. BK01 and BKXL expand their effectiveness by being integrated into ERP system processes. So the effect of comprehensive process optimisation of BK01 and BKXL is the outcome of a joint development by Aareal Bank and licensed software partners. For this reason, the procedures are open exclusively to the users of BK01-/BKXL-licensed systems.

More than 2,700 satisfied business partners from the housing and commercial property industries and from utilities and waste disposal enjoy the advantages of the BK01 and BKXL processing, and have sometimes been doing so for several decades. They participate in the advantages of joint enhancements that the partners roll out to them without delay and further use of resources.