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Microsoft Dynamics 365 Business Central and Mambu

Microsoft Dynamics 365 Business Central and Mambu

11/05/2021

Microsoft Dynamics 365 Business Central is the ideal solution for a newly planned or recently launched financial institution built on Mambu. Using Business Central, a bank is able to manage its General Ledger, automate their purchasing and P2P cycle with AI based automation, digitise employee expenses and handle the overall finance operations of a bank in one seamless app. Business Central takes advantage of the benefits and strengths of Microsoft365 to secure your data.

ms dynamics and mambuMambu is a composable banking solution that acts as a bank’s core banking application. The cloud-based solution stores the data for the Financial Institution that is built on top of it.

This data is integrated into the Bank’s GL to store the financial information of the bank. The Mambu-Microsoft Dynamics Connector makes it easy to share transaction information and General Ledger Journal Entries between Mambu and Business Central.

City Dynamics have developed a chart of account based on Business Central that fits the reporting needs of a bank.

The Mambu MPO is used to join with Business Central GL and reporting structure of Business Central. Once set up you’ll be able you to extract all Journal lines created in the previous day from Mambu and post them as Journal Lines within Business Central. The Journal lines contain information regarding the following entities in Mambu:

  • GL account
  • Transaction Id and Type (ex: Disbursement)
  • Product
  • Branch
  • Loan/Deposit Account
  • Client/Group

At City Dynamics we have successfully implemented Microsoft Dynamics 365 Business Central and Mambu at two newly launched banks in London.

To find out more about implementing Business Central at your bank, please get in touch.

Get In Touch

If you wish to get in touch, please contact us using the details below.

City Dynamics . 131 Finsbury Pavement . London . EC2A 1NT