Simplify payment reconciliation in Microsoft Dynamics 365 Business Central
with Bankfeed

Bankfeed automates reconciliation directly within Microsoft Dynamics 365 Business Central, helping businesses save time, reduce errors, and gain real-time financial visibility.

What is payment reconciliation?

Payment reconciliation is the process of verifying bank transactions against customer payments or invoices to ensure your financial records are accurate. Within Microsoft Dynamics 365 Business Central, this step is critical for maintaining clean, up-to-date financial data.

However, manual reconciliation in Business Central can be time-consuming and error-prone. Finance teams often deal with:

  • Manually importing bank statements daily,
  • Struggling to match payments across large transaction volumes,
  • Managing multiple bank accounts without centralized visibility,
  • And delays in accessing real-time financial status.

Key features of Bankfeed.com

Designed specifically for Microsoft Dynamics 365 Business Central, Bankfeed.com offers powerful features that automate and simplify the payment reconciliation process. From seamless bank statement imports to secure, PSD2-compliant connections, each feature is built to save time, reduce errors, and improve financial visibility.

Automatic bank statement import

Imports statements from 12300+ banks and payment platforms into Business Central.

Customer/supplier recognition

AI-powered matching by name, IBAN, or registration number.

Payment-invoice reconciliation

Automatically matches payments to invoices with manual adjustment options.

Security & technology

Uses PSD2 open banking protocol for secure connections.

User-friendly setup

Easy installation via Microsoft AppSource.

Multi-bank and currency support

Manages multiple accounts and currencies.

Benefits of using Bankfeed.com

Bankfeed.com brings powerful, real-world value to Microsoft Dynamics 365 Business Central users by automating payment reconciliation. From reducing reconciliation time from 5 hours to 5 minutes to achieving up to 98% matching accuracy, Bankfeed helps finance teams work smarter. Enjoy lower costs, stronger compliance, and real-time insights – all in one streamlined solution.

Increased accuracy

AI-driven matching ensures up to 98% reconciliation accuracy.

Time savings

Reduces hours of work to minutes (e.g., 5 hours to 5 minutes).

Cost reduction

Minimizes manual effort and errors, lowering costs.

Fraud prevention

Real-time monitoring detects anomalies.

Improved efficiency

Frees teams for strategic tasks.

Real-time insights

Provides up-to-date financial data in Business Central.

Compliance and audit

Simplifies audits with traceable records.

How to choose the right payment reconciliation software

STEP 1

Assess business needs

Evaluate transaction volume, number of bank accounts, and Business Central integration needs.

STEP 2

Evaluate features

Prioritize automation, real-time visibility, and multi-bank support.

STEP 3

Ensure integration

Confirm seamless compatibility with Business Central, as Bankfeed.com offers.

STEP 4

Check scalability

Ensure the software supports growing transaction volumes.

STEP 5

Review support

Look for robust customer support, available via Bankfeed.com

STEP 6

Analyze costs

Compare pricing and ROI; Bankfeed.com offers flexible plans.

STEP 7

Check reviews

Seek testimonials from Business Central users.

Getting started with Bankfeed.com

Getting started with Bankfeed.com is fast and hassle-free. Simply install the app from Microsoft AppSource, connect your bank accounts, and configure your settings – all in under an hour.
Explore full functionality with a free 30-day trial, and if you need help, our team is here to support you every step of the way.

Install via Microsoft AppSource

Connect bank accounts and configure settings

Explore full functionality with a 30-day free trial

Access support for setup or issues

…Or watch a quick video

Frequently asked questions

What is payment reconciliation software?

Payment reconciliation software automates the process of matching bank transactions with invoices or customer payments to ensure accurate financial records. It reduces manual effort, minimizes errors, and provides real-time financial visibility, especially when integrated with systems like Microsoft Dynamics 365 Business Central. Tools like Bankfeed.com streamline this process by importing bank statements and recognizing payments automatically.

How does automated reconciliation work?

Automated reconciliation works by importing bank transactions and automatically matching them with corresponding invoices or payments in your accounting system, like Microsoft Dynamics 365 Business Central.

With Bankfeed.com, this process is seamless: bank statements are pulled in via secure, PSD2-compliant connections, transactions are recognized using smart rules (like matching IBANs or invoice numbers), and unmatched items are flagged for review. This saves time, reduces errors, and gives you real-time visibility into your financials.

What are the benefits of using reconciliation software?

Reconciliation software automates the matching of bank transactions with invoices, saving time and improving accuracy. Key benefits include:

  • Automates daily reconciliation, cutting hours of manual work.
  • Error reduction: Minimizes mistakes from manual entry.
  • Provides up-to-date financial visibility.
  • Improved compliance: Creates clear audit trails and supports regulatory readiness.
  • Handles high transaction volumes and multiple bank accounts with ease.

Solutions like Bankfeed.com offer these benefits directly within Microsoft Dynamics 365 Business Central.

How long does it take to implement reconciliation software?

Implementation time depends on the software and your system setup, but with Bankfeed.com, setup takes less than an hour.
You can install it directly from Microsoft AppSource, connect your bank accounts, and start automating reconciliation right away, with full support available if needed.

How does Bankfeed.com integrate with Microsoft Dynamics 365 Business Central?

Bankfeed.com integrates natively with Microsoft Dynamics 365 Business Central through a certified add-on available on Microsoft AppSource.
Once installed, it connects your bank accounts via secure, PSD2-compliant APIs to automate bank statement imports, payment recognition, and reconciliation – all within the Business Central interface. No third-party tools or manual uploads required. It’s a seamless, real-time solution built specifically for Business Central users.

Which banks are supported by Bankfeed.com?

Bankfeed.com supports over 12,300 banks and payment platforms across Europe, the UK, the USA, and Canada. This includes major institutions like Barclays, Santander, ING, Chase, Bank of America, and many more.
You can search the full list of supported banks here to check compatibility with your financial institution. If you don’t see your bank, contact our team for assistance.

Can Bankfeed.com handle multiple currencies and bank accounts?

Yes. Bankfeed.com is designed to support businesses with multiple bank accounts and currencies. You can easily connect accounts from different banks and countries, and reconcile transactions in various currencies – all within Microsoft Dynamics 365 Business Central.
It’s an ideal solution for companies operating across regions or managing high transaction volumes.

What is the setup process for Bankfeed.com?

Setting up Bankfeed.com is quick and simple. Here’s how it works:

1. Install the app from Microsoft AppSource.
2. Connect your bank accounts using secure, PSD2-compliant APIs.
3. Configure your reconciliation settings in Microsoft Dynamics 365 Business Central.
4. Start your 30-day free trial and begin automating bank imports and payment matching.

Most users complete setup in under an hour—with full support available if needed.

How does Bankfeed.com ensure data security?

Bankfeed.com ensures data security through PSD2-compliant, encrypted connections governed by the European Banking Authority.

All data transfers use secure, regulated APIs, and sensitive information is protected with end-to-end encryption.

We never store unnecessary financial data, and all integrations are built with strict security standards, so your bank information remains safe, private, and fully compliant.

How much does Bankfeed.com cost?

Bankfeed.com offers flexible pricing based on the number of connected bank accounts. Whether you’re a small business or managing high volumes across multiple accounts, there’s a plan to fit your needs.
You can explore all features with a free 30-day trial. For detailed pricing information, visit the Bankfeed Pricing Page or contact our team for a custom quote.

Still have questions?

[email protected]

Let’s simplify
your reconciliation!