Bank Statement Feeds now available

Bank Statement Feeds

We’re excited to announce the launch of a highly requested feature today: bank statement feeds. The recent trials with selected inniAccounts clients resulted in extremely positive feedback.

We’ve been trialling feeds over the last few months with a small group of clients to ensure a smooth and secure integration of your bank feeds and our software. The results have been impressive.

We appreciate how time consuming bookkeeping can be for clients with a large number of transactions each month. This new feature connects securely to your bank and automatically downloads your business’ transactions directly in to your bookkeeping area, saving time compared to manually matching statements.

Getting started with HSBC

Our first trial with HSBC was a success. If you bank with them, and wish to add this feature to your inniAccounts package, simply contact your account manager today and ask them to set up your feed. They’ll explain how activation works and help you get started. Within a few weeks your bank will notify us that your feeds are ready and you’ll be able to start using your new statement importer.

A small investment in time

HSBC charge £5 per account, per month, and this is why, unfortunately, we’ll have to add the same amount to your monthly bill if you select this feature. This small investment, however, is well worth the time and effort it would otherwise take to complete your transactions manually. Thanks to our innovative intelligent transaction matching, bookkeeping now happens six times faster. In this post you can find out more about why your business will be better off with bank feeds.

Other banks

Following the successful integration with HSBC, we’re now looking for other banks to bring online. We’re currently accepting a limited number of Barclays clients to help beta test Barclays feeds. Barclays provide bank feeds free of charge – if you wish to participate, please contact your account manager for more information.

Your feedback

We’ve been working closely with our clients to implement bank statement feeds. As always, our team monitor your requests and suggestions to make inniAccounts a simpler and enjoyable solution for managing your company’s finances. For more feedback and comments, please leave us a message here or contact your client manager directly.