The April 2024 report addresses common questions on ERP banking, highlighting that banks must move beyond traditional APIs toward BaaS and embedded banking to meet rising client expectations. Specializing in specific economic sectors helps banks deepen relationships and understand client operations. Large and midsize firms commonly use ERP systems like SAP, Oracle NetSuite, Microsoft Dynamics, Sage, Xero, and QuickBooks, making integration priorities clear. Successful ERP integration requires aligning data, processes, and functions, plus capabilities in cash management, collections, and liquidity management. While differentiation is possible, ERP banking is likely to become commoditized.

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