Still manually entering bank transactions? Try Bank Feeds!

Transactions flowing from several client bank accounts into Resident via Open Banking

Still manually entering bank transactions?

There's a faster way.

Resident Bank Feeds automatically bring transactions from your client bank accounts straight into Resident — ready for you to reconcile.

Saving an estimated 80% of the time normally spent manually entering transaction information.

How it works

1

Connect your bank accounts

Resident Bank Feeds use Open Banking to securely connect your client bank accounts to Resident.

Once connected, Resident can automatically pull transactions from multiple client accounts into their respective accounts in Resident.

The Bank Feeds screen in Resident showing client bank accounts connected via Open Banking
2

We bring in the transactions

No downloading bank statements.

No manually entering each transaction.

Resident brings your up-to-date transactions into the system automatically, ready for your bookkeeping team to work with.

Imported bank transactions appearing automatically in Resident
3

You reconcile

Your transactions are there in Resident, ready to be reconciled.

Less manual data entry means less time spent on routine bookkeeping — and more time for everything else.

The reconciliation screen in Resident, with bank transactions ready to match

80%

less time spent manually entering transactions

And Bank Feeds aren't just about saving bookkeeping time.

Your bank account balances are displayed on Resident's dashboards, giving your team access to up-to-date financial information and improving transparency for RMC directors and leaseholders.

The Resident dashboard showing an up-to-date client bank account balance

Already a Resident client but not using Bank Feeds?

FIND OUT MORE

Or speak to the Resident team and we'll be happy to show you how it works.

hello@resident.uk.com  ·  020 3751 5628