Isabel Connect: finance, ERP, and multi-banking combined
Both business leaders and finance experts want a detailed view on their cash positions, without having to leave their familiar ERP environments. Thanks to a direct link between the bank and the customer’s business applications, Isabel Connect guarantees a smooth and integrated experience.This is a multi-banking API that allows customers to access account information, process bank statements and initiate payment flows directly from their familiar finance applications.
In Belgium, the Isabel 6 platform supports 50,000 businesses and 70,000 users in their daily banking transactions. Isabel Group believes that building strong partnerships with technology experts is key to their strategy of facilitating access to payments, documents and identities across the financial value chain.
Those who’ve subscribed to the Isabel 6 platform can now use the Isabel Connect API to access account information and automatically reconcile transactions across 26 Belgian banks. Its multi-banking features also allow to upload payment files directly from a finance or ERP package, taking into account comprehensive approval flows and corporate mandate structures. As such, organizations can better manage cash, automate administration, and provide more accurate financial reporting.