Aareal account system: Improved efficiency with virtual account numbers
The process of entering and allocating bulk payments can often tie up valuable resources and reduce efficiency in your organisation. Our account system has been developed specifically for bulk payment transactions. Through the use of virtual account numbers, you can increase transparency, minimise the manual effort involved and streamline your processes.
Fully utilise the potential of payment transactions
The virtual account number is at the heart of our account system, offering real added value for housing and energy companies. Within a real account, you can assign an individual virtual account number to each payment-related item. This saves you time, prevents errors and provides transparency.
- Significant efficiency gains For each real account in an account system, you can request any number of virtual account numbers. These make it possible to link incoming credit transfers and outgoing direct debits directly to a business transaction, which is particularly helpful when dealing with bulk payments.
- Digitalised communication Approve electronic payments in just one click and use the integrated mailbox to receive electronic documents such as account statements.
- Optimised payment processes Enjoy mobile access to real-time account balances and transactions. Generate payment orders, manage payees and SEPA direct debit authorisations, and receive digital account statements.
- Complete flexibility Align your account system with the needs of your property management business, even for more complex company structures.
Use of our account system is based on our extensive electronic banking offering for corporate clients, allowing you to speed up these processes significantly, reduce manual effort and increase transparency.
Greater transparency in payment transactions
Benefit from our expertise and our extensive network of partners and optimise your payment processes. In conjunction with the BK01 products from First Financial Software GmbH, a joint venture of Aareon AG and Aareal Bank AG, you have the option to further optimise the management of payment flows between the Aareal account system and your ERP system. For example, incoming payments can be allocated automatically so that you can look beyond payment transactions.
"The laborious task of identifying incoming payments is simply no longer necessary. Errors have been virtually eliminated. All things considered, we can say that processes have been drastically simplified."
Gerald Visjager
Head of Accounts and Finance at WBV-GPA
