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Sysynkt Open Banking
Open Banking for Infor SunSystems Cloud.
Connect Infor SunSystems to live bank feeds and modern payment workflows using Sysynkt Open Banking, delivered and supported by Core Financial Systems, an Infor Gold Reseller Partner. Replace manual bank file handling with secure, near real-time connectivity and smarter, automated reconciliation.
What is Open Banking?
Open banking enables the secure sharing of banking data (and, in many cases, payment initiation) between banks and authorised third parties, using APIs, so your finance systems can work from standardised, bank-grade connections rather than file-based processes.
Book a demo of Sysynkt Open Banking
Open banking isn’t a trend, it’s becoming the standard
Ireland is entering a faster payments era. The EU’s Instant Payments Regulation accelerates instant euro payments and introduces key requirements including:
• Receiving instant payments capability (Euro area deadline: 9 Jan 2025)
• Sending instant payments capability (Euro area deadline: 9 Oct 2025)
• Verification of Payee checks (Euro area deadline: 9 Oct 2025)
SEPA Instant adoption has historically been much lower in Ireland than across the EU, meaning many organisations will need to modernise quickly as bank capabilities catch up.
Bottom line: If your finance workflows still rely on files, portals, and manual uploads, now is the moment to move to an open banking approach.
What Sysynkt Open Banking delivers for Infor SunSystems
Sysynkt is built specifically to extend Infor SunSystems with cloud-native workflows, including live banking, intelligent matching, automated reconciliation, and payments without moving files around.
Key outcomes for finance teams
Near real-time cash visibility with live bank feeds synced throughout the day
Faster, smarter reconciliation using intelligent matching and automated allocation options
Modern payments workflow: create, route for approval, and initiate payments securely without file transfers
Less admin, fewer errors: reduce dependency on bank portals, exports, and manual uploads
Future-ready controls that align with the shift to instant payments and payee verification requirements across the EU
Where Open Banking Makes a Difference
Cash visibility for treasury and finance leads (live view of inflows/outflows)
High-volume bank reconciliation where month-end pressure is too high
Controlled payment initiation with embedded approvals
Reducing risk as instant payments and payee verification become standard
Pain points → Fix
Still doing any of this?
- Downloading statements manually
- Uploading bank files / CSVs
- Managing different bank formats
- Chasing approvals over email
- Leaving reconciliation until month-end
Replace it with
- Live bank feeds into a controlled workflow
- Intelligent matching and faster allocation
- Standardised connectivity rather than (format sprawl)
- Embedded approvals and auditability
- Continuous reconciliation (not a month-end fire drill)
How Sysynkt Open Banking works with Infor SunSystems
1. Connect your bank accounts via open banking connectivity
2. Sync transactions into Sysynkt for matching, coding, and approvals
3. Post journals / allocations into Infor SunSystems as part of an integrated process
Allocate receipts and payments directly to invoices
Sysynkt Open Banking can allocate:
- cash receipts to sales invoices on the debtor account, and
- manual payments to purchase invoices on the creditor account,
at the same time as posting and / or reconciling bank transactions.
Why Core Financial Systems
Core helps organisations get more value from Infor SunSystems, supporting upgrades, integrations, and finance modernisation initiatives. With Sysynkt Open Banking, we provide:
- Advisory and implementation support
- Infor SunSystems integration expertise
Practical rollout planning for finance teams (process, controls, user adoption).
Open Banking FAQs
No, Sysynkt Open Banking is designed to extend Infor SunSystems with live banking connectivity and workflow automation.
The goal is to reduce reliance on file-based processes by using open banking connectivity for transaction feeds and workflows.
The EU Instant Payments Regulation introduces deadlines for receiving/sending instant payments and for Verification of Payee checks, which drives operational changes across banks and payment providers.
Yes, reconciliation effort, approval controls, audit trail, and cash visibility impact day-to-day finance operations regardless of treasury structure.
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