Organizations managing payments across multiple legal entities, banks, countries, and currencies often face increasing complexity as they grow. Different banking requirements, payment formats, vendor preferences, and regulatory standards can create manual work, increase the risk of errors, and make accounts payable more difficult to manage.
Gravity Software Version 7.0 introduced capabilities that simplify domestic and international payment processing while giving finance teams greater control over how payments are created, approved, and processed.
As businesses expand into new regions, acquire additional companies, or work with more vendors, payment processing requirements become increasingly diverse.
Finance teams often need to:
Traditional accounting software often requires custom development or third-party tools to accommodate these changing requirements. Gravity Software Version 7.0 was designed to provide the flexibility organizations need while reducing payment processing complexity.
Every bank has unique payment requirements. Rather than requiring software customization each time an organization adds a new bank or payment format, Gravity Software allows finance teams to configure payment processes that fit their banking relationships.
Organizations can configure payment methods that align with their banking requirements, including:
This flexibility allows finance teams to standardize payment processes while accommodating different banking institutions and regional requirements.
One of the most significant enhancements in Version 7.0 is the Export Definition Tool, which enables organizations to create payment export files without custom software development.
Finance teams can define payment export formats required by financial institutions worldwide without custom software development. Whether a bank requires XML files commonly used throughout Europe, fixed-width text files used by Australian financial institutions, or other bank-specific formats, organizations can create payment files that meet their banking requirements using Gravity Software's Export Definition Tool.
This reduces implementation costs while making it easier to onboard new banking partners.
Different vendors often require different payment methods.
Version 7.0 allows organizations to assign preferred payment methods at the vendor level, helping accounting teams process payments using each vendor's preferred format while maintaining consistent internal workflows.
Whether vendors receive payments through Direct ACH, NACHA files, printed checks, or other supported methods, finance teams can manage payment preferences from within Gravity Software.
Growing organizations frequently process payments across multiple legal entities.
Rather than creating separate payment batches for each legal entity, organizations can consolidate payments across multiple companies in a single batch. Gravity Software automatically maintains accurate due-to and due-from balancing, reducing manual work while simplifying multi-entity payment processing.
Combined with Gravity Software's native multi-entity accounting capabilities, finance teams can reduce administrative work while improving payment accuracy and visibility.
Organizations operating internationally can pay vendors in their local currencies while supporting country-specific banking requirements and regional payment standards. Whether paying suppliers in U.S. dollars, euros, or other supported currencies, finance teams can manage global payments from a single cloud accounting platform.
Modern finance teams need payment processing that scales alongside the business.
By reducing manual processes and providing flexible payment configuration, Gravity Software Version 7.0 helps organizations:
Built on the Microsoft Power Platform, Gravity Software provides a secure cloud accounting platform that combines flexible payment processing with comprehensive financial management, consolidated financial reporting, and intercompany accounting.
Learn more about how Gravity Software helps growing organizations modernize financial management with:
Whether your organization processes payments across multiple companies, manages international vendors, or simply wants to reduce manual accounting work, Gravity Software provides the flexibility and scalability to support continued business growth.
Gravity Software.
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Updated on July 29, 2026