Bank Feeds is Now in EAP!

Ellyn Hassell

We’re thrilled to kick off our Early Adopter Program (EAP) for a brand new feature in Financial Edge NXT! With this release, we introduce Bank feeds – a time-saving feature designed to help you:

 

• Maintain accurate, up-to-date cash balances
• Review and match transactions
• Clear transactions daily in preparation for reconciliation

From Treasury, when Bank feeds are enabled, you can connect the online bank accounts of your financial institutions to your Financial Edge NXT bank accounts. Once you link accounts, you can automatically download and match transactions from your online bank accounts to transactions within Financial Edge NXT.

 

We partner with Yodlee (a third-party financial aggregator) to ensure secure online account information and easy reconciliation, quick access to transactions and their statuses, and up-to-date bank account balances in Financial Edge NXT.




We're excited to review EAP client feedback and look forward to enhancing Bank feeds in preparation for general availability. Stay tuned for updates or contact your account representative for more details.

Check out the following Bank feeds videos for a quick tour!

• Overview
• Download and Match Transactions