Consolidates multiple payments to the same supplier, reducing bank fees (AP). Matches payments to invoices automatically, even without reference numbers (AR).
Eliminate manual file handling and the risk of human errors. Payments are processed securely in one place.
Gain a comprehensive understanding of your banking activities for better financial oversight and decision-making.
With the collaborative assignment feature, allowing users to assign payments to themselves or other team members. This functionality facilitates seamless collaboration, ensuring that work does not overlap even when multiple users are managing payments for the same company.
Aritma Pay is the ideal solution for businesses seeking a seamless transition from Telepay to the new ISO 20022 XML-standard.
It allows for easy conversion between Telepay and ISO 20022 without the need to upgrade existing payment systems, ensuring a smooth and straightforward switch for businesses.
Beyond converting from Telepay to ISO 20022, Aritma Pay also offers standardized bank integration and automated accounting by streamlining manual payment processing routines.
Telepay is a standard file format for remittance (transfer of payment information) between, for example, accounting systems and banks. The file format is a Norwegian standard that can be used for both domestic and international payments.
Developed in the late 1980s, Telepay has historically been Norway’s most widespread payment format. With the adoption of ISO 20022 as the new standard, the management of Telepay by banks and Bits has ceased, leading to its discontinuation on various dates by different banks.
Norwegian banks have set an end-date for Telepay:
DNB: March 31, 2024
SEB: June 1, 2024
Nordea: June 30, 2024
Sparebank 1: October 1, 2024
Many large companies still use Telepay, especially those with on-premise ERP systems or specialized systems supporting payment processing. These systems can be challenging to maintain and upgrade.
If you don't yet have a plan for transitioning to ISO20022, time is of the essence.
Aritma Finance Manager is an embedded financial automation solution for Microsoft Dynamics 365 Business Central. It helps businesses streamline payments, reconciliation, and liquidity management in one place—without needing external banking portals or manual file handling.
This solution is designed for CFOs, finance teams, accountants, and controllers who want to automate financial processes and gain real-time financial control directly within Business Central.
If your company is transitioning from an on-premise ERP to a cloud-based system, Aritma Finance Manager ensures a seamless integration by automating payments, reconciliation, and cash forecasting—without disrupting your existing workflows.
Unlike traditional financial software that can take weeks or months to implement, Aritma Finance Manager can be fully operational within 2-3 days.
No! With Aritma Finance Manager, payments can be processed and approved directly in Business Central, eliminating the need for external banking logins or manual file uploads.
Aritma Finance Manager is set to launch in Q2 2025. You can [join the waitlist] today to stay updated and be among the first to access it.
Aritma Finance Manager is launching in Q2 2025, and you can be among the first to experience its powerful financial automation features.
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