FEATURES

Intelligent and automated approach
to payment management

BANK STATEMENT IMPORT

All bank transactions directly in Business Central

After connecting Bankfeed to your bank accounts, you will automatically receive the bank statements in Business Central.

In the list of parsed bank statements, you will see the period, the bank IBAN, the currency, the number and amount of debits and credits. You can also deep dive into the transactions of each statement.

PAYMENT RECOGNITION

Customers, suppliers & documents identified automatically

To match payments with invoices, Bankfeed first recognises each transaction.

The customer or supplier can be recognised by their name, IBAN or registration number, while the document to match with is identified using the “Message to Recipient” and the “endToEndID” fields. Additionally, text-to-account mapping is usually used to identify bank fees.

PAYMENT RECONCILIATION

Payments matched with invoices in no time

This might be the biggest time saver of all.

Bankfeed automatically and accurately reconciles payments with previously issued invoices. Note that you are still in full control, so if necessary, make any manual adjustments before posting the journal lines.

Yes, there’s more

SECURITY

Technology governed by the European Banking Authority

Forget the outdated file sharing. Bankfeed connects to your banks through the most thoroughly tested open banking PSD2 protocol. Rest assured, your data is secure.

EASY START

Up for a simple DIY project?

Bankfeed is packed with user-friendly tools for effortless installation and setup.

Current Bankfeed version: 16.0
Updated on January, 2024

…with many more features to come

Once you’ll try it,
you’ll think it’s magic

TRY FOR FREE

STEP 1

Install Bankfeed from Microsoft AppSource

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STEP 2

Connect your bank accounts and make basic settings

STEP 3

Go make yourself some tea. You deserve it.

HURRAY!