Increase your customers productivity
Banking Service reduces manual data entry and automates tasks for Sage customers. This service helps businesses become more efficient, enabling customers to automatically download and categorise incoming and outgoing transactions from their bank to their Sage Business Cloud solution.
Said automated bank reconciliation would be the most valuable improvement to their accounting system
Said new or improved bank integrations would enhance their account payable process
Said automated reconciliation capabilities would help relieve their organisations biggest pain points
* Source: IDC EMEA, IDC Europe AP/AR Survey, Sage, October 2021
Capabilities of the Sage Banking Service
Link online bank accounts directly to your solution for automatic import of transaction data.Learn more about bank feeds.
Create automated rules that categorise imported online banking transactions in your solution.Learn more about rules.
Allow customers to import data from their bank in a variety of file formats.Learn more about transaction import.
How your customers can benefit from Banking Service
Reduces the risk of human errors created through manual data entry.
Automatically import and categorise transactions from your bank.
Easy to use
Customers can easily reconcile accounts and categorise transactions with just a few clicks.
Streamlines workflows with the elimination of manual data entry.
See how accounting customers are benefiting
The Provider API enables banks and financial institutions to push customer transactions into the Sage Banking Service,
saved on average reconciling bank transactions.
of time reduced on manual data entry.
of Sage customers find reconciliation easy.
Customer pain points
I spend too much time on manual data entry
The Banking Service capabilities save time by automatically importing transactions from financial institutions,giving customers more time to focus on what their business needs.
I currently have inefficient work processes
The Banking Service capabilities help streamline workflows with the elimination of manual data entry and automated bank reconciliation processes.
I have lack of visibility on the performance of my business
The capabilities enable customers to stay on top of their transactions and keep their accounts accurate, giving them greater visibility and control over their cash flow and empowers businesses with insights to make smarter decisions.
"I can easily access my accounts and I know what’s going on. I can check whether a customer has actually paid me because it’s connected to my bank account."
Janice B. Gordon - Founder, Scale Your Sales
Bank feed capabilities
Allow users to connect their bank account to their Sage product.
Easily connect additional accounts under the same authorisation.
Pull transactional data for the users connected accounts.
Reconnect accounts when authorisation has expired.
Delete or replace transactions that require amendment.
Users can disconnect their bank account when required.