BankFeeds
Curated by SignalAccounting solution automating transaction syncing and reconciliation for businesses.
Overview
BankFeeds is a company that focuses on record-to-report accounting solutions. It offers a platform designed to automate the financial closing process for online businesses that utilize Xero. The platform includes a syncing tool and a financial software connector, which facilitate real-time transaction syncing and reconciliation, thereby reducing the manual effort required for bookkeeping. Additionally, it supports historical data to maintain accuracy and completeness in financial records. The company aims to streamline bookkeeping processes, enabling finance teams to concentrate on strategic decision-making. BankFeeds specifically targets online businesses and seeks to address the challenges associated with manual transaction management by enhancing efficiency and compliance through automation and a quick setup.
Key facts
- Founded
- 2015
- Headquarters
- Australia
- Stage
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- Industry
- Financial Technology
Business model
- GTM channel
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- 8 products and services
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- Commercial model
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