Learn how Payflow saves 8 hours a week with automated reconciliation
Request a demo

Announcements

Automate End-to-end Reconciliation with Payable Integrations

We are excited to introduce Payable Integrations - the essential connecting layer between bank transactions and finance tools. Payable Integrations save finance teams hours each day by connecting siloed banking portals, accounting tools and spreadsheets into one single dashboard for complete cash visibility.

Research shows that finance teams still spend up to 10 hours a week on manual tasks, alternating between separate systems, spreadsheets and banking portals. This wasted time could be better spent managing cash flow and collecting payments that are overdue or underpaid.

Unify financial tools for complete cash control

Payable Integrations connects all your invoices, bills and expenses with bank transactions and payments in real time. Our intelligent matching engine automatically allocates payments, reconciles invoices and keeps all your financial tools in sync.

Payable Integrations

Bank and Payment Provider integrations
Aggregate live account balances and transactions from over 2,000 banks and payment providers in a single platform. Monitor your cash flow and money movement across all accounts, currencies or business entities giving real-time insights into your cash position. If you use an e-money solution or bank that’s not available through standard API integrations, we will work out the best way to pull transaction and balance data into the system.

ERPs and Accounting tools
Payable Integrations bring all your bill, invoice, vendor and customer data from leading ERP and accounting tools like Xero and NetSuite. Automate reconciliation from start to end and make your business tools work harder for you.

File sharing and spreadsheets
There are still a number of banks or payment providers that don’t have an integration option to pull through data in real time. Our file uploader means you can add data as it comes - whether it’s a spreadsheet or using file storage (EBICs, CSVs, or XML files or SFTP integrations). Payable Integrations connect any data source via the dashboard or the API to give you a single source of truth for all your cash and transaction data.

Why it’s useful:

  • Save hours of manual data collection with a direct connection to your finance tools and banking partners.
  • Accelerate your financial close with automated reconciliation connecting your invoice data with bank transactions.
  • Eliminate the risk of human error by automating financial data entry and connecting it all in one place.
  • Keep your accounting and ERP tools in sync with real-time updates from Payable when payments are automatically reconciled.
  • Improve cash visibility with a single source of truth for all your cash movement.
💡
Get in touch today to explore how we can unify your finance tools to automate reconciliation from start to end.



profile image

Announcements

A/P Reconciliation: Keep your payables in check, automatically

30 Aug 2023

Reconciliation has always been a headache for finance teams. It is essential to track your expected payments and bills for effective cash flow management and planning - working out which vendor you need to pay and when.

profile image

Reconciliation

Why Using ERPs For Bank Reconciliation Doesn’t Scale

17 Aug 2023

As businesses scale, it becomes more difficult for teams to communicate and collaborate effectively. They use separate systems, processes and software that creates data silos across the business.


Stay updated with the latest news from Payable

By subscribing, you agree to Payable’s Privacy policy

Platform

Cash managementReconciliationPayments automation

© 2023 Payable Ltd. All rights reserved. Payable is acting as an agent of TrueLayer, who is providing the regulated Account Information Service, and is Authorised and Regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 and the Electronic Money Regulations 2011 (Firm Reference Number: 901096)

Privacy policyCookie policyTerms of service