"The ability to scale connectivity to multiple banks, jurisdictions and payment methods through a single standard connectivity process was a real benefit for us."
Data-rich alternative to Open Banking solutions
Seamlessly collect your global banking data, for robust intra-daily reconciliation and data-driven financial decision-making.
We are the trusted connectivity partners of…
Multi-bank consolidation for faster reconciliation
AccessPay provides a robust, data-rich alternative to Open Banking solutions for automated bank feeds. Our solution is perfect for businesses of all sizes, but especially valuable for organisations who operate a multi-bank, multi-geo banking estate.
No manual intervention needed: Set data retrieval intervals, collect and transform your bank statements into a format that your end-point finance applications like your ERP can automatically digest.
Rather than just receiving credit and debit updates (like with Open Banking solutions) our automated bank feeds provide richer data, supporting reconciliation, reporting and wider regulatory compliance, and ensuring you’re always audit-ready. Speed up your reconciliation process to support strategic business decisions around your company’s cash position with accurate cash transaction data, even on an intra-daily basis.
Why AccessPay?
Connect your ERP, TMS and other back-office systems directly with your banks.
Eliminate the labour-intensive process of manually calculating end of day & intra-day cash positioning.
Eliminate the labour-intensive process of manually calculating end of day & intra-day cash positioning.
Seamlessly collect your global banking data and speed up your reconciliation process with a trusted partner
Get in touch with one of our experts by completing our contact form.
Avoid the limitations of Open Banking
Automating your bank feeds with AccessPay provides a near real-time view of your company’s financial position – you may even receive transaction data from your banks on an intra-daily basis. This significantly reduces the time spent reconciling bank data, especially as your operations scale.
Unlike Open Banking, which often suffers from limitations such as bank-specific availability, limited global reach, and the absence of true end-of-day statements.
- Access richer statement data
- Connectivity to 11,000+ banks
- Global connectivity
Guaranteed data accuracy
Errors in manually reconciling data for cash positioning can lead to you basing strategic decisions on inaccurate data. The key to better decision-making: accuracy, delivered via automated bank feeds. With AccessPay, there are no more errors, formatting issues, and no more costly redundancy of fixing data entry mistakes.
- Intra-day and end-of-day statements through multiple methods
- Configurable notifications for critical conditions, such as deviations from historical averages
- Notifications for peak balances, excessive liquidity usage, or unusually high transaction volumes
Enhanced security and compliance
AccessPay’s automated bank feeds solution strengthens your financial compliance posture by ensuring accurate and timely data exchange. You also have a comprehensive audit trail of financial activity at your fingertips, made easier with the automatic collection and transformation of financial data.
With the integration of CAMT statement data to align with emerging ISO 20022 regulations, AccessPay also alleviates the pressure of in-house financial transformation projects with minimal disruption to your day-to-day operations. By automating bank feeds and adopting ISO 20022 readiness, AccessPay allows for a more secure and compliant financial ecosystem.
- Implement segregation of duties and granular access controls, limiting access to sensitive data and processes to authorised personnel only
- Automate the collections and transformation of financial data, for clear audit trails
- Generate detailed, exportable reports to support internal audits, external regulatory compliance, and financial transparency
"Without AccessPay, we’d have to revert to old manual processes, and we wouldn’t have the oversight of our cash we enjoy now. The platform has transformed the way we work for the better"
Want to know more?
Get in touch with one of our experts by completing our contact form.
How it works
Utilising an API or sFTP connection, AccessPay pulls intra-day statement files from your connected banks and pushed them automatically to your back-office system, automatically transforming them into a format that’s consumable by your ERP, TMS or reconciliation tool.
Ready to explore how AccessPay can help your business?
If you’re looking for a way to automate your bank feeds for full auto-reconciliation, our bank statement retrieval service will help you achieve this.
Speak to one of our team today to find out how you can get the most from your back-office applications to drive greater efficiency and reduce risk across your banking operations by integrating with AccessPay.
Speak to our team ➜