Connect Your Financials With Our Open Banking API Integration
How the Open Banking API Works with SoftLedger
With our Open Banking API integration, there’s no need anymore to manually keep batching data between systems.
Connect your data at the transactional level, save time and instantly receive critical details needed for financial analysis and decision-making.
Real-Time Connectivity
Using modern cloud architecture means SoftLedger can connect to your business systems in real-time, supporting bi-directional syncs and more.
Frequently Asked Questions
Open Banking API integration allows your accounting software to connect directly to your financial institutions and pull transaction data automatically. Instead of manually logging into your bank and exporting data, the connection happens in real time at the transactional level, keeping your financial records current without any manual intervention.
SoftLedger is entirely programmable via the Open Banking API, meaning it can connect to your banks, credit cards, and other financial institutions to automatically consolidate financial data in real time. This gives your finance team instant visibility into your finances without the need to manually batch data between systems.
No. With Open Banking API integration, manual bank statement imports are no longer necessary. Transactions are pulled directly from your financial institutions automatically, eliminating the time-consuming process of downloading, formatting, and importing data by hand.
Yes. SoftLedger uses modern cloud architecture to establish secure API connections with your financial institutions. The integration is built to meet banking-grade security standards, ensuring your financial data is protected throughout the connection.
Yes. The Open Banking API integration works in conjunction with SoftLedger's broader platform, including cash flow management, financial reporting, and multi-entity consolidation. Transaction data pulled from your financial institutions feeds directly into your general ledger, keeping your entire accounting ecosystem current and accurate.
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