Codat expands its coverage to support Kashoo!
Codat’s new integration will increase its coverage in North America
Codat now supports an additional accounting integration, bringing the total number of integrations to 15. This integration will support our North American expansion boosting our overall coverage of the US & Canadian markets.
This release will allow for the pulling of receivables data such as a businesses customers and invoices, as well as key financial statements such as Profit & Loss and the Balance Sheet.
For an up-to-date list of what software Codat supports see our docs.
Kashoo has an estimated 200,000 users with the majority coming from North America and a smaller number in the UK.
Kashoo’s technology is firmly aimed at the small business segment, charging a flat rate of $199 a year or $19.95 a month.
No user training is required, it's platform is designed to be easy to use; simplifying accounting for those who may have little to no experience.
What data are we pulling?
Codat’s new integration with Kashoo will allow financial service providers to pull receivables data such as:
- Chart of Accounts
- Profit and Loss
- Balance Sheet
- Bank transactions
- Credit notes
This will give providers an up-to-date picture of the financial health of their small business customers.
To gain a full understanding of exactly which data sets will now be available to pull please visit our docs.
For more information on our future plans for our Kashoo integration, keep an eye on our public roadmap here.
Who will stand to benefit?
Providers such as lenders and insurers have found that there has been a lack of financial data on their small business customers. By having a white-labelled and seamless integration with Kashoo, this has now changed.
Codat's API pulls financial data to provide a holistic view of a small business that would not have been possible otherwise. Lenders and insurers are able to get a true understanding of the financial health and changing needs of their small business customers.
This in turn means smaller businesses are benefiting, as they can more easily access credit or insurance as well as benefit from increasingly bespoke products or services.
Codat’s aim is to work with Kashoo to continually add to its capabilities, pushing and pulling more data sets as we go along.
We want to ensure that small businesses that use Kashoo are able to access the full suite of financial services through their ability to quickly and accurately contribute their financial data to all of their providers.