LITTLE ROCK, Arkansas — April 9, 2026
Executive Summary
Encore Bank has announced the launch of Encore Embedded Finance, introducing ERP Banking as a new capability designed to integrate banking services directly into enterprise resource planning (ERP) and accounting platforms used by commercial clients. The solution enables businesses to access core banking functions within systems they already use, including Sage Intacct, Workday, Microsoft Dynamics Business Central, and NetSuite, with additional integrations planned.
The initiative allows clients to initiate payments, view balances and transactions, and support reconciliation processes without relying on separate banking portals. According to the company, the launch reflects its continued focus on embedding financial services into operational workflows while maintaining security, control, and service standards. The solution is powered through a partnership with Koxa and is now available to eligible commercial clients.
Announcement Overview
Encore Bank has formally introduced Encore Embedded Finance, anchored by the deployment of ERP Banking, a solution that integrates treasury and banking services directly into widely used ERP and accounting systems. This launch represents an expansion of the bank’s digital capabilities, allowing commercial clients to manage financial operations within their existing enterprise environments.
The ERP Banking functionality enables businesses to conduct core financial activities—including payment initiation, balance visibility, transaction monitoring, and reconciliation—without transitioning between multiple systems. By embedding these capabilities into ERP platforms, Encore Bank aligns financial processes with operational workflows already in place across organizations.
The system is powered by Koxa, which provides the infrastructure enabling this integration. Through this collaboration, Encore extends its banking functionality into ERP environments while maintaining a bank-led structure. The solution is designed to support mid-market and growing businesses that rely on ERP and accounting platforms for financial and operational management.
The launch is positioned as part of Encore’s broader embedded finance ecosystem, which focuses on integrating financial services into client workflows and reducing operational complexity associated with traditional banking interfaces. ERP Banking is now accessible to eligible commercial clients, marking the operational rollout of this capability.
Key Announcement Details
Announcement Identity and Timing
- Announcement Type: Launch of embedded finance solution with ERP Banking capability
- Product Name: Encore Embedded Finance
- Core Solution Component: ERP Banking
- Announcement Date: April 9, 2026
- Announcement Context: Official company release communicating product launch and partnership
- Announcement Nature: Official company-issued product and platform launch communication
- Solution Positioning Statement: New solution integrates banking services directly into ERP and accounting systems
Product and Solution Architecture
- Primary Platform Name: Encore Embedded Finance
- Core Module Introduced: ERP Banking
- Solution Classification: Embedded finance solution integrated within enterprise systems
- Architecture Objective: Direct embedding of banking services into ERP and accounting environments
- System Design Principle: Deliver banking capabilities within the systems where businesses already operate
- Operational Philosophy: Integration without requiring displacement of existing enterprise systems
ERP Banking Definition and Functional Intent
- ERP Banking Definition: Capability that enables businesses to access banking services directly from ERP and accounting platforms
- User Interaction Model: Banking executed inside ERP systems rather than external portals
- Functional Intent: Align treasury and financial operations with enterprise workflows
- Operational Mechanism: Integration of banking functions into accounting and operational systems
- User Experience Goal: Seamless execution of financial activities within existing enterprise environments
Core Functional Capabilities Within ERP Systems
- Payment Initiation Capability: Ability to initiate payments directly from ERP systems
- Balance Visibility Capability: Access to account balances within ERP environments
- Transaction Access Capability: Viewing transaction history and activity from within ERP systems
- Reconciliation Support Capability: Support for reconciliation processes using integrated financial data
- Workflow Execution Capability: Execution of treasury operations within ERP interfaces
- System Navigation Impact: Elimination of the need to switch between ERP and banking portals
- Operational Continuity: Maintenance of workflow continuity within a single system environment
“Swivel-Chairing” Elimination and Workflow Integration
- Swivel-Chairing Definition (as referenced): Switching between ERP/accounting systems and separate banking portals
- Operational Change Introduced: Removal of the need for separate banking portal access
- Workflow Integration Outcome: Consolidation of financial and operational workflows into ERP systems
- Efficiency Implication: Reduction in time and effort associated with multi-system navigation
Treasury and Financial Operations Alignment
- Treasury Integration Objective: Align treasury services with accounting and operational workflows
- Operational Alignment Mechanism: Embedding financial services into ERP-based processes
- Financial Management Outcome: Simplification of day-to-day financial management activities
- Oversight and Control: Maintenance of appropriate controls and oversight within integrated workflows
Supported ERP and Accounting Platforms
- ERP Platform: Sage Intacct
- ERP Platform: Workday
- ERP Platform: Microsoft Dynamics Business Central
- ERP Platform: NetSuite
- Integration Expansion Statement: Additional platform integrations coming soon
- Platform Targeting Strategy: Focus on widely used ERP systems among commercial clients
Technology Enablement and Infrastructure
- Technology Provider: Koxa
- Solution Enablement: ERP Banking powered by Koxa
- Infrastructure Role: Facilitates embedding of banking services into ERP and accounting systems
- Integration Capability: Extends bank functionality directly into enterprise platforms
- System Connectivity Model: Direct integration between bank systems and ERP environments
Koxa Platform Capabilities (Detailed)
- Payment Submission Capability: Submit payments from within ERP systems
- Payment Approval Capability: Approve payments inside ERP workflows
- Payment Release Capability: Release payments without leaving ERP systems
- Payment Tracking Capability: Track status of payments within ERP
- Auto-Reconciliation Capability: Automatically reconcile settled payments
- Reporting Data Access: Pull statements and financial reporting data inside ERP systems
- User Workflow Continuity: No requirement to exit ERP environment for banking tasks
Client Segmentation and Usage Context
- Primary Users: Commercial clients of Encore Bank
- Business Segment Focus: Mid-market businesses and growing enterprises
- Operational Environment: Organizations using ERP and accounting systems for financial management
- User Roles: Corporate treasury teams, accounting departments, finance operations teams
- Use Case Context: Businesses seeking integration of banking into operational systems
Operational Benefits and Workflow Enhancements
- Workflow Simplification: Simplified financial management through system integration
- Operational Efficiency: Faster execution of treasury processes
- System Consolidation: Reduced reliance on multiple systems
- Portal Dependency Reduction: Reduced need for separate banking portals
- File Upload Reduction: Reduced dependency on manual file uploads
- Data Accessibility: Continuous access to financial data within ERP
- Reliability Improvement: More reliable treasury workflows through integrated systems
Security, Controls, and Service Continuity
- Security Assurance: Maintenance of banking-grade security within ERP integration
- Control Retention: Preservation of financial controls within embedded workflows
- Service Level Continuity: Delivery of Encore’s service standards within integrated environment
- Operational Oversight: Continued visibility into financial operations
Strategic Initiative and Ecosystem Context
- Ecosystem Name: Encore Embedded Finance
- Strategic Direction: Streamlining complex financial processes
- Digital Strategy Objective: Deliver fully embedded digital banking experiences
- Partnership Strategy: Expansion of technology partner ecosystem
- Partnership Impact: Strengthening of Encore’s technology integration capabilities
Industry Vertical Integration History
- Previously Embedded Verticals: Title and escrow
- Previously Embedded Verticals: Law firms
- Previously Embedded Verticals: Property management companies
- Integration Approach: Embedding payment and treasury solutions within industry-specific workflows
- Expansion Continuity: ERP Banking extends this embedded finance approach
Leadership Statements
- Encore Representative: Kala Forehand, Director of Treasury and Liquidity
- Statement Focus: Banking integrated into how clients operate within ERP systems
- Key Emphasis: Maintaining security, controls, and service levels while embedding banking
- Koxa Representative: Camellia George, Co-founder and Chief Technology Officer
- Statement Focus: Eliminating the need to choose between banking relationships and integrated operations
- Key Emphasis: Delivery of secure, bank-led ERP banking with real-time access to financial functions
Availability and Client Access
- Availability Status: ERP Banking is currently available
- Eligibility Scope: Available to eligible Encore commercial clients
- Deployment Context: Accessible within supported ERP and accounting platforms
- Adoption Scenario: Designed for businesses seeking integrated financial workflows
Encore Bank Organizational and Growth Details
- Founding Year: 2019
- Formation Event: Acquisition of controlling interest in Capital Bank and rebranding to Encore Bank
- Initial Scale Metrics: $159 million in total assets, seven employees, single office
- Current Asset Size (as of March 31, 2026): $3.5 billion
- Office Network: 19 offices
- Geographic Presence: Seven states
- Headquarters: Little Rock, Arkansas
- Institution Type: Privately held, commercially focused bank
- Operational Approach: Combination of experienced bankers and innovative technology
- Service Model: Hospitality-inspired concierge approach
- Product Scope: Full suite of financial products and services
- Service Philosophy: Delivered with purpose, passion, and precision
Koxa Organizational Details and Positioning
- Company Type: ERP-banking technology company
- Core Function: Connecting banks to corporate treasury clients
- Primary Capability: Enabling banking directly from ERP systems
- Partnership Model: Works with banks to extend digital banking functionality into ERP platforms
- User Value Proposition: Eliminates need to leave ERP for banking activities
- Operational Coverage: Payments, reconciliation, reporting, and financial data access within ERP
Banking Experience and Value Proposition Statements
- Client Expectation Addressed: Banking integrated into existing workflows
- Experience Objective: Seamless and embedded financial operations
- Operational Value: Reduction in system fragmentation
- Technology Value: Direct ERP-based access to banking functions
- Relationship Value: Retention of banking relationship alongside modern operational capabilities
- Real-Time Capability: Access to financial functions and data in real time
- Workflow Benefit: Alignment between banking services and operational processes
Additional Explicit Statements
- Client Demand Insight: Clients want banking to fit naturally into how they operate
- Operational Delivery Statement: ERP Banking meets businesses inside their ERP systems
- Control and Service Statement: Maintains security, controls, and service levels expected by clients
- Strategic Milestone Statement: Launch reflects long-term commitment to embedded finance
- Integration Statement: Creates seamless connection between banking and financial operations
- Workflow Performance Statement: Enables faster and more reliable treasury workflows
- Technology Partnership Statement: Partnership with Koxa strengthens technology ecosystem
- Experience Statement: Provides fully embedded digital banking experience for commercial clients
Encore Embedded Finance and ERP Banking: Core Functionality and Scope
Integration of Banking Services into ERP and Accounting Platforms
Encore Embedded Finance introduces ERP Banking as a mechanism for embedding banking services directly within enterprise systems used by commercial clients. This integration allows users to interact with financial services from within their ERP environments rather than accessing separate banking portals.
Supported ERP and accounting platforms include:
- Sage Intacct
- Workday
- Microsoft Dynamics Business Central
- NetSuite
Encore has indicated that additional platform integrations are expected to be introduced over time, expanding the reach of ERP Banking across a broader ecosystem of enterprise software solutions.
Embedded Financial Operations Within Existing Workflows
ERP Banking enables businesses to perform financial tasks within their existing workflows. These capabilities include:
- Initiating payments directly from ERP systems
- Viewing account balances in real time
- Accessing transaction data
- Supporting reconciliation processes
By embedding these functions into ERP systems, Encore Bank aligns treasury services with operational processes, enabling financial activities to occur within the same systems used for accounting and enterprise management.
Elimination of Portal Dependency
The solution removes the need for users to switch between ERP platforms and external banking portals. This eliminates what is commonly described as “swivel-chairing,” where users alternate between systems to complete financial tasks. Instead, ERP Banking centralizes financial interactions within a single interface.
According to the company, this approach supports more streamlined financial operations while maintaining required levels of control and oversight.
Operational Capabilities and Workflow Alignment
Payment Initiation and Approval Within ERP Systems
ERP Banking allows commercial clients to initiate payments directly from within their ERP environments. This capability integrates payment workflows with accounting processes, enabling finance teams to manage disbursements without transitioning between systems.
Real-Time Access to Financial Data
Clients are able to view account balances and transaction activity within their ERP systems. This provides visibility into financial positions without requiring separate logins or external interfaces.
Reconciliation and Financial Management Support
The solution supports reconciliation processes by enabling financial data to be accessed and managed within ERP platforms. This integration allows accounting teams to align banking data with internal records more efficiently.
Centralized Financial Workflow Execution
By embedding banking services into ERP systems, Encore enables a centralized approach to financial operations. This reduces fragmentation across systems and aligns treasury functions with accounting workflows.
Partnership with Koxa and Technology Enablement
Role of Koxa in ERP Banking Deployment
The ERP Banking solution is powered by Koxa, which provides the infrastructure necessary to connect banking services with ERP systems. Koxa enables banks to extend digital banking capabilities into enterprise software environments.
Bank-Led Embedded Finance Model
The collaboration between Encore Bank and Koxa supports a bank-led approach to embedded finance. This structure allows banking services to remain under the bank’s operational framework while being delivered through integrated platforms.
Extension of Digital Banking Capabilities
Through Koxa’s infrastructure, Encore Bank extends its digital banking functionality into ERP systems, enabling commercial clients to access financial services within their operational environments.
Leadership Commentary
Kala Forehand, Director of Treasury and Liquidity at Encore Bank, stated:
“Our clients want banking to fit naturally into how they operate. ERP Banking allows us to meet businesses where they already work—inside their ERP—while maintaining the security, controls and level of service they expect from Encore.”
Camellia George, co-founder and Chief Technology Officer of Koxa, commented:
“Businesses shouldn’t have to choose between great banking relationships and modern, integrated financial operations. Together with Encore, we’re delivering a secure, bank-led ERP-banking experience that gives commercial clients real-time access to the financial functions they depend on every day.”
Encore Embedded Finance Ecosystem and Expansion
Long-Term Commitment to Embedded Finance
The launch of ERP Banking forms part of Encore Bank’s broader Encore Embedded Finance ecosystem, which focuses on integrating financial services into client workflows. This initiative reflects the bank’s continued efforts to streamline financial processes and deliver digital experiences within operational systems.
Expansion Across Industry Verticals
Encore Bank has indicated that it has embedded payment and treasury solutions across multiple industry verticals, including:
- Title and escrow services
- Law firms
- Property management companies
These implementations reflect the bank’s approach to tailoring financial services to the operational requirements of different sectors.
Technology Partner Network Growth
The partnership with Koxa contributes to Encore’s expanding network of technology partners. This network supports the bank’s strategy of integrating financial services with enterprise software platforms and delivering embedded solutions to clients.
ERP Banking for Mid-Market and Growing Businesses
Support for ERP-Driven Organizations
ERP Banking is designed to support businesses that rely on ERP and accounting platforms for managing financial operations. This includes mid-market and growing companies that require integrated financial workflows.
Enhanced Treasury Workflow Efficiency
According to the company, clients benefit from faster and more reliable treasury workflows through ERP Banking. The integration reduces reliance on manual processes such as file uploads and external portal access.
Seamless Connection Between Banking and Operations
The solution establishes a direct connection between banking services and financial operations within ERP systems. This alignment supports a unified approach to managing financial activities.
Availability and Client Access
ERP Banking is currently available to eligible Encore commercial clients. The rollout marks the operational availability of the solution following its launch announcement.
Encore Bank has indicated that additional platform integrations and enhancements are expected over time, supporting broader adoption of ERP Banking across its client base.
About Encore Bank
Encore Bank was established in 2019 following the acquisition of a controlling interest in Capital Bank, which was subsequently rebranded. The bank began operations with $159 million in total assets, seven employees, and one office.
Since its founding, Encore has expanded to 19 offices across seven states. As of March 31, 2026, the bank reported $3.5 billion in total assets. Headquartered in Little Rock, Arkansas, Encore Bank operates as a privately held, commercially focused institution.
The bank combines experienced banking professionals with technology-driven solutions to deliver services through a hospitality-inspired concierge approach. Encore provides a full range of financial products and services designed to meet the needs of its commercial clients.
About Koxa
Koxa is an ERP-banking technology company that connects banks with corporate treasury clients by enabling financial services to be delivered directly within ERP systems.
Koxa’s platform allows businesses to:
- Submit, approve, and release payments
- Track payment status
- Automatically reconcile settled payments
- Access statements and reporting data
The company enables banks to extend digital banking functionality into ERP and accounting software, supporting integrated financial operations for corporate clients.
Media Contact
For additional information, visit bankencore.com.
Source Attribution
Source: Company announcement
