Financial Management Bank Feeds
Link savings, checking, and corporate credit card accounts to cash and expense accounts inside Acumatica. Eliminate manual reconciliation and matching with default settings, artificial intelligence, and machine learning.
Save Time and Improve Data Accuracy with Automated Bank Feeds
Schedule bank feed imports for savings, checking, corporate credit cards, investments, loans, and other financial accounts. Connect to multiple banks with varying import schedules per account. Powered by artificial intelligence with embedded machine learning, real-time activity downloads provide automated smart matching to existing transactions.
Key benefits of Acumatica Financial Management Bank Feeds Software
Automate Processes
Schedule bank feed imports to occur automatically based on flexible, user-defined schedules. Smart matching powered by Artificial Intelligence with Machine Learning eliminates reconciliation for recognized transactions.
Streamline Expenses
Use Bank Feeds with Advanced Expense Management to automate expenses for corporate credit cards. Advanced Expense Management streamlines business expenses with flow-through to customer projects for review and customer billing. Automatically create expense receipts based on downloaded transactions and send them for approval.
Setup in Minutes
Connect to financial institutions in minutes with your corporate or personal credentials. Link financial accounts to General Ledger accounts with a few clicks.
Important Features of Acumatica Financial Management Bank Feeds
Powered by Plaid, Bank Feeds supports over 14,000 financial institutions globally.
Multi-Factor Authentication (MFA), Advanced Encryption Standard (AES 256), and Transport Layer Security (TLS) ensures safety and security for all information exchanges.
Default settings, artificial intelligence, and machine learning automatically match bank transactions with Acumatica transactions.
Match one bank transaction to one or more payments, invoices, or receipts.
Match one bank transaction to one or more payments, invoices, receipts, credit memos, and debt adjustments.
Unmatched transactions are conveniently displayed in dashboard views for review and manual matching or categorization in Acumatica.
Write-offs of AR balances and credits are supported.
Bank feed updates are logged at the record and field level in Acumatica, providing traceability for all financial data transactions.
Advanced mapping and custom data provider connections provide flexibility to automate virtually any business scenario.
