Hello, everyone! Craig here, Client Success Manager here at Resident. I am back to share more information regarding using Bank Feeds via Open Banking to increase accuracy and efficiency within your team.
Let’s dig in…
Tired of Manual Transaction Entry? Discover the Power of Resident Bank Feeds
Let’s face it, manually entering bank transactions is time-consuming and prone to errors. But with Resident’s Bank Feeds feature which harnesses the power of Open Banking, you can say goodbye to those tedious tasks and hello to streamlined efficiency.
What are Bank Feeds?
Simply put, Bank Feeds connect directly to your bank accounts, automatically importing transactions directly into Resident every morning. This eliminates the need for manual data entry, saving you valuable time and reducing the risk of human error.
How does it work?
Seamless ‘Open Banking’ Integration: Connect your bank accounts to Resident with ease.
Daily Updates: Every morning, Bank Feeds automatically pulls in transactions from the previous 24 hours, ensuring up-to-date financial information.
Supports Multiple Accounts: Whether you have individual block accounts or a single global account, Bank Feeds can seamlessly integrate with all of them.
Experience the Power of Smart Reconciliation
Reconciling transactions has never been easier. Resident intelligently suggests matches for incoming transactions and outstanding invoices, making the process quick and effortless. Simply select the correct match and move on to the next one.
The Cost of Efficiency
Bank Feeds is available on an annual subscription basis with pricing based on the number of accounts you need to sync. Costs range from a minimal daily fee, making it a highly cost-effective solution that can significantly improve your team’s productivity.
Ready to Experience the Difference?
Contact me today to learn more about Resident Bank Feeds and pricing. Let’s streamline your financial processes and free up your team for more important tasks.
So, if you wish to learn more then please reach out to me directly:
