ExpensePlus has launched open banking and automated bank feeds!
This new feature automates the import of bank transactions, making it even easier for churches and charities to reconcile transactions and create accounts.
It also means users can easily keep track of recent financial activity within their bank accounts and view up-to-date account balances within ExpensePlus.
Key Features of Open Banking
- Real-Time Updates: Users can view recent transactions, ensuring they are always aware of their financial activities.
- Enhanced Security: Using the latest encryption technologies, the automated feed ensures that user data remains private and secure.
- User-Friendly Interface: The intuitive design of ExpensePlus makes it easy to view bank statements and quick to reconcile transactions to create accounts.
- Streamlined Financial Processes: ExpensePlus provides churches and charities with a streamlined financial process flow for managing finances.
- Customisable Reports: Budget holders can track expenditure in real-time and view up-to-date drillable financial reports that help inform their decisions.
With the introduction of open banking, churches and charities can now seamlessly and securely integrate with over 100 UK bank providers.
Our goal is to empower churches and charities with the tools they need to take control of their finances. The introduction of automated bank feeds not only saves time but also enhances the overall user experience by providing valuable insights and real-time updates.
Sam Lewis, ExpensePlus
Automated bank feeds via GoCardless
This new feature was developed in collaboration with GoCardless.
Open Banking is securely powered by GoCardless Ltd (Company No. 07495895). GoCardless is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017, registration number 597190, for the provision of payment services, including account information services.
ExpensePlus is registered with the Financial Conduct Authority to act as an agent of GoCardless.
About ExpensePlus
Automated bank feeds are just one of many new features added to ExpensePlus over the past 12 months. This is because at ExpensePlus we are passionate about making better finance software for churches and charities.
ExpensePlus is an easy-to-use cloud-based fund accounting package, that is used by hundreds of churches and charities across the UK. It is rated 4.8 out of 5 stars on Google with over 800 user reviews.
ExpensePlus provides churches and charities with a simple and more effective way to:
- Manage expenses
- Create accounts
- View reports
- Claim Gift Aid
- And much more!
The software enables teams to work remotely and provides staff with accurate, up-to-date, drillable financial reports.
ExpensePlus is fully customisable and comes with brilliant help and support. It also comes with exclusive features you won’t find in other software packages. You can sign up for a free trial at expenseplus.co.uk/free-trial.
