nBanks introduces Confirmings, a new product within the Financing module that brings all Confirming activity across financial institutions into one centralized view. Contracts, financial conditions, invoices, and supplier payments, previously spread across multiple bank portals, are now available on the same platform you already use to manage your finances.

What is Confirming?

Confirming is a financing solution that allows companies to manage supplier payments through their banks in a centralized and controlled process. The company keeps control over payment schedules and working capital, while suppliers gain the option to receive early payment. The result is a more resilient supply chain and an accounts payable function that becomes a strategic financial capability rather than an administrative one.

The challenge

For companies working with several banks, Confirming information is fragmented. Finance teams have to check each institution individually to know how much of each line has been used, which invoices are pending, and which payments are due. This limits visibility over payment commitments, makes cash flow planning harder, and increases manual effort and operational risk.

Everything in one place

• Contracts — View every Confirming contract across your banks, including financial institution, contract number and description, start and renewal dates, utilization against the contracted limit, and contract status. Search, filter, sort, and export your contracts, and attach supporting documents to each one. Use the Refresh action to get the latest data on demand, and add new bank connections directly from Confirmings, without going to Access Management.

• Contract detail view — Access all information for a contract from a single screen: contract details, financial conditions, associated accounts, related operations, and invoices.

• Invoices — View all invoices linked to Confirming operations, regardless of the bank. Find any invoice by supplier name, tax identification number, or operation number, and filter by bank and status. Pending invoices are shown by default.

• Payments — Track all supplier payment operations, with status filters for Pending, Paid, Overdue, and Cancelled. Data is obtained directly from financial institutions and the complete payment history is preserved, ensuring full traceability over time.

• Financial Summary — See available funding amounts, rates, and financial conditions side by side, making it easier to compare banks and choose the most suitable financing option.

Built for your finance team

• CFO — Gets a consolidated view of Confirming exposure and available funding across all banks, with the financial conditions needed to support better financing decisions.

• Treasury Manager — Plans cash flow with clear visibility over pending and overdue payments, utilization levels, and upcoming renewal dates.

• Accounts Payable Lead — Locates any invoice or payment in seconds and answers supplier queries without contacting each bank.

• Controller — Relies on a complete payment history and centralized contract documentation for audits and internal control.

Learn more about Confirming

Watch the video to see Confirmings in action:

Download the ebook here to explore how Confirming can transform your supplier payment management.

Access and permissions

Confirmings is available through the Financing - Confirming add-on. In multiuser environments, access is controlled through the Financing and Financing - Confirming permissions, the latter defining View Access or Full Access to the product. Refreshing data also requires the Information Update permission.

Benefits:

Financial

• Full visibility over Confirming lines, utilization, and available funding across banks;

• Easier comparison of rates and financial conditions;

• Better cash flow forecasting and working capital management;

Operational

• Contracts, invoices, and payments in one place, with no need to check each bank portal;

• On-demand data refresh and new bank connections from within Confirmings;

• Search, filter, and export across all Confirming data;

Suppliers

• Faster answers to supplier queries on invoice and payment status;

Governance

• Complete payment history for full traceability;

• Contract documents centralized alongside each contract;

• Granular access control through multiuser permissions.

Available in all geographies.

You can try this feature here.