Vendor collaboration bank changes
This content is archived and is not being updated. For the latest documentation, go to What's new or changed in Dynamics 365 Finance. For the latest release plans, go to Dynamics 365 and Microsoft Power Platform release plans.
|Enabled for||Public preview||General availability|
|Users by admins, makers, or analysts||-||Jul 5, 2021|
Setting up bank information that lets you pay vendors electronically is time consuming. Now vendors can enter their own bank information directly into your Dynamics 365 Finance deployment using the Vendor collaboration workspace. After vendors enter their bank information, you can review and approve it so it can be used for payments.
This feature lets vendors view the bank accounts that they’ve set up for the business they conduct with your organization. They can also disable existing bank accounts and add new ones. A new inquiry will let accounts payable users review updated bank information. After the new accounts have been reviewed and the primary payment method has been manually updated, the records can be marked as reviewed so they’re removed from the list.
Configure vendor collaboration (learn)