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Reckon has announced a new partnership with a major bank, which it says will streamline accounting processes for users.
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Reckon partners with major bank
22 July 2015
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4 minute read
The software provider has partnered with ANZ Bank to allow for a completely online integrated “BankData” application.
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Under the partnership, Reckon One customers can sign up for BankData for all ANZ cheque and savings bank accounts and Business One Credit Card accounts.
Reckon said its relationship with ANZ will allow users to streamline and automate their bank reconciliation process and eliminate data entry.
The relationship, which Reckon already shares with some other Australian institutions, provides the ability to split different transactions into different accounts.
Sam Allert, managing director, Australian and New Zealand for Reckon, said he is pleased to welcome a major institution such as ANZ Bank into the BankData ecosystem.
“Not only will this improve the onboarding experience for ANZ Bank customers, but it also completely cuts out the previous paper-based process,” Mr Allert said. “ANZ Bank customers are now able to electronically set up the feed from their bank account to Reckon One through the ANZ Bank internet site.
“We will continue to work with ANZ Bank to roll out a direct feed from non-business credit card accounts. We’re also focusing on rolling out this facility with other banks.”
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