Banking
Allow your customers to synchronise their bank account with their accounting software.
A core feature of any modern banking app is to provide connectivity between the financial platforms that their customers use to run their business.
Why partner with Codat?
-
Provide a core need for your customers, saving them time and effort.
-
Push and pull financial data to and from your customers accounting platforms.
-
Faster, simpler and less expensive than building integrations in-house.
-
A fully white labelled solution.
Benefits of Codat for Banking
Seamless customer experience
Attract and retain customers by providing them with the type of digital experience and connectivity they have come to expect.
Provide a core need
Provide a core need for your small business customers, ultimately saving them time and effort when reconciling their transactional banking data with their accounting software
Improve your product offering
Accurate contributed accounting data from your small business customers allows you to provide a more useful innovative service.
Ongoing maintenance & support
Codat maintains and monitors each connection so you don’t have to. Our developers have designed our system to make it as easy as possible to use and provide expert ongoing developer support.
Simple set-up
Codat could get you up and running in a matter of days. Our solution is faster, simpler and less expensive than building in house.
Increased coverage
Codat provides an integration with all the major accounting platforms your customers use to run their business. That means you can achieve vast market coverage all via one API.
Standardisation
Codat acts as a data processor when building integrations, mapping data in a standard format independent from the accounting software that your customers use.
Industry experts
Codat will work with your team to ensure a bespoke, successful and timely integration. Our experience of tackling the common issues of accounting integration will save you time and frustration.
Tailored to you
Codat enables you to define which datasets are synchronised and at what frequency
How Tide used Codat to power their business
“A wide variety of accounting integrations is a simple requirement for a modern business banking service like Tide. Codat has helped us achieve that requirement several years more quickly than we otherwise would have.”
Our Banking Partners
Codat works with Temenos (Avoka) to help its business banking clients optimise digital sales by enabling a business to pre-fill account opening and lending applications to the bank with their accounting platform data.
Mambu helps financial institutions to rapidly deliver business value in a constantly changing market with leading cloud-native solutions. Codat collaborates with Mambu to create a best-in-class digital business banking and lending experience.
Banking FAQs
Do we handle customer onboarding?
Your customer's onboarding would be defined as level 1 support and be handled by you. Codat does provide detailed instructions for installing and configuring our offline connectors, as well as step by step troubleshooting instructions to help your team diagnose any customer issues
Does Codat Push & Pull data
Codat supports both the push and pull of from cloud and on-premise versions of customers' accounting software
How long is the implementation process?
Speed of implementation will depend on how your company would like to use Codat’s API and the data sets it would like to push and pull that best suit your business needs and the needs of your customers. Depending on this implementation can take between 2 weeks and 2 months.
Is Codat’s offering white labelled?
Codat is a completely white labelled solution.
Is the data secure?
Codat stores data in a Microsoft Azure database as standard, and hosting costs are included within our annual license fee. Penetration test certificate and ISO27001 compliance can be provided on request
What regions do you cover?
Codat’s offering is international and we support the main SME accounting packages in Canada, US, UK, Australia & New Zealand, Netherlands and Hong Kong, and are looking to expand our offering in the near future .
What support do Codat offer?
Codat provides full level 2 developer support to our clients. For end-user support we request our clients contact Codat on their behalf. If Codat needs to do further troubleshooting with the end user, this can then be arranged. Codat provides self-service support documentation which is available for our clients.