
Automate bank transaction imports and reconciliation to improve data accuracy and streamline financial processes.
Vendor
Acumatica
Company Website
Bank Feeds software helps businesses automate the import and reconciliation of bank transactions, improving data accuracy and streamlining financial processes. The software connects to over 14,000 financial institutions, schedules bank transaction imports, and matches transactions using artificial intelligence (AI) and machine learning (ML). It supports secure connections with Multi-Factor Authentication (MFA), Advanced Encryption Standard (AES 256), and Transport Layer Security (TLS), ensuring the safety and security of all information exchanges.
Key Features
Bank Integration Connect to more than 14,000 financial institutions to retrieve and format transactions.
- Simplify bank connections
- Ensure data synchronization
Secure Connections Utilize Multi-Factor Authentication (MFA), Advanced Encryption Standard (AES 256), and Transport Layer Security (TLS) for secure information exchanges.
- Enhance security
- Protect sensitive data
Transaction Matching Automatically match bank transactions with Acumatica transactions using AI and ML.
- Improve accuracy
- Reduce manual errors
Manage by Exception Display unmatched transactions in dashboard views for review and manual matching.
- Simplify exception management
- Ensure comprehensive tracking
Benefits
Improved Data Accuracy Enhance data accuracy with automated transaction imports and reconciliation.
- Reduce errors
- Improve financial reporting
Streamlined Processes Automate bank transaction imports and reconciliation.
- Save time
- Increase efficiency
Enhanced Security Ensure secure information exchanges with advanced security measures.
- Protect sensitive data
- Maintain compliance