I hope you’ve had a great week!
The excitement builds up further as we reach our 56th sprint of our new software platform, in particular, working on Open Banking supplier integrations.
Open banking integration
The goal here is to integrate your bank account with our software platform allowing you to reconcile your transactions in real-time. This includes numerous functions such as the ability to pull banking data in real-time and initiate payments for example to pay landlords and suppliers.
By having Open Banking, this avoids agents from having to upload bank statements or search for transactions in order to reconcile their client bank account with the transactions in the system.
What we’ve tried to achieve is to go beyond simply importing your bank statement and making your system compliant with ARLA. The challenge here is to make open banking an integral part of the accounting processes. A well-integrated open banking method means not only saving you time but giving you clarity into your accounts with real-time data.
Stay posted for more updates on open banking and other developments.
Have a lovely weekend!