We are thrilled to announce that a trailblazer in Spain’s Microsoft Dynamics 365 Business Central services, PKTech, has become our new partner.
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We are thrilled to announce that a trailblazer in Spain’s Microsoft Dynamics 365 Business Central services, PKTech, has become our new partner.
Check out the features of Bankfeed.
At the heart of every successful venture lies the power of collaboration and partnership. Today, we are pleased to announce our partnership with PKTech, a trailblazer in Spain’s Microsoft Dynamics 365 Business Central services.
With over a quarter-century of experience, PKTech set itself apart in comprehensive implementation services, project management, and consulting. But what truly makes PKTech unique is their dual expertise in IT and the business world. It enables them to not only understand their customers’ current needs but also sense what solutions will be crucial for them in the future.
“We believe solutions like Bankfeed will soon become indispensable for companies looking to streamline their accounting processes. Our experience with Bankfeed, spanning across integrations with various banks like Banco Santander, Revolut, and Renta 4, has been extraordinarily positive. We’re excited to recommend Bankfeed to our customers and are assured that it will save time and elevate effectiveness in their accounting processes”, shares Antonio Checa, Managing Partner at PKTech.
Having tested similar solutions, Antonio specified the main reasons for choosing Bankfeed:
The partnership between Bankfeed and PKTech is an important step in bringing the benefits of automated accounting processes to accountants and business managers all over Spain.
“We couldn’t be happier to be teaming up with PKTech. Their proactive and hands-on approach from the start has impressed us. Antonio thoroughly tested our solution before offering it to the first customer, and we are thrilled to see that both the customer and the partner are satisfied with Bankfeed. We are confident that this collaboration will bring numerous benefits for Business Central users in Spain.” – concludes Povilas, Partner Manager at Bankfeed.
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Feel free to leave your question here and we will email you the answer as soon as possible.
Hello, I found this Dynamics 365 Business Central add-on that would save me tons of time by automatically importing bank statements and matching payments with invoices. It has certain technical requirements like an up-to-date Business Central version and banks that comply with the PSD2 open banking protocol. Could you please check the requirements and let me know if we are able to use the Bankfeed app? The requirements are here: www.bankfeed.com/faq/, or you may contact the add-on’s developers at [email protected].
Bankfeed works as an add-on for Microsoft Dynamics 365 Business Central. Therefore the usage of this ERP system is necessary. The solution works best with the three latest versions of Business Central. Before installing Bankfeed, we recommend checking if the following conditions are met: 1. Open banking API (PSD2) is not occupied. If you use online payment provider services (Wordline, Wordpay, etc.), they might be connected through an open banking API. Therefore, Bankfeed will not be able to connect to this API as it is already occupied. In these situations, we can connect Bankfeed through the bank’s direct API, known as a Gateway. However, it usually requires additional banking fees and additional implementation hours. 2. Banks provide the information required for recognition and reconciliation. Even though open banking is regulated using the PSD2 protocol and is mandatory for all EU banks, the banks treat these requirements differently. The amount of information provided through the APIs and its quality can differ depending on the bank. This can lead to a situation where Bankfeed will not be able to properly identify customers/vendors or documents because of the lack of data. Here is a list of mandatory bank fields needed to enable Bankfeed’s payment recognition and reconciliation. Please check HERE if the banks you are using provide the information from these fields:
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