We have collaborated with Salt Edge, a leading fintech offering open banking solutions to our customers’ financial data aggregation process, especially bank reconciliation.
In Deskera, we are continually looking to improve our products to bring better user experiences and efficiency to our SME customers.
Since the pandemic, traditional work processes have been disrupted, with most business transactions, willingly or not, being forced to jump into the digital realm as soon as possible to keep afloat. However, during this process, most SMEs are still tied down with a clunky, traditional accounting infrastructure and the habit of visiting the banks in person for their financial needs. Maintaining these practices are no longer a viable option.
As a company that creates software products for SMEs, we knew the pandemic was an opportunity to assist our SME customers. To solve the problem, we have collaborated with Salt Edge, a leading fintech offering open banking solutions to our customers’ financial data aggregation process, especially bank reconciliation.
”The last few months have been challenging for businesses, especially small and medium enterprises across the globe. They are in a transformative phase with evolved financial needs. Going digital is the key to the success of these companies. Deskera has been committed to bringing technology to their businesses and helping them grow. Our collaboration with Salt Edge will allow Deskera users to connect with hundreds of banks in an instant, which means our small business customers will spend less time on tasks like reconciling their banking transactions and can focus on their business and increase productivity. This partnership makes the entire process a lot easier, productive and safer for SMEs.” - Somesh Misra, Vice President at Deskera
Salt Edge’s APIs enable the aggregation of data from more than 5000 financial institutions in over 50 countries to offer financial situation overview for businesses. Instead of manually entering data or uploading CSV files, bank data will instantly be available to our SME customers for digitising their daily business accounting needs from invoices, orders, bills, and receipts to inventory and tax-related calculations. Salt Edge API provides our customers with their transaction information in a tidy and easy-to-understand format. Transactions can be aggregated from all types of data sources, including e-wallets, banks and crypto-wallets.
“Digital transformation means that keeping finances in order and tracking them is much easier, as businesses can access all their accounts in one click. At Salt Edge, we are glad that we can help Deskera bring the benefits of open banking to its customers in 8 countries, simplifying internal processes and helping businesses thrive. We hope that our partnership with Deskera will continue evolving into more open banking exploration for the Asian market.” - Vladimir Pintea, Head of Open Banking at Salt Edge
In all, we hope our collaboration with Salt Edge will drive a better user experience and improve the efficiency of our customers’ business processes.
If you are a business owner looking for a solution to go digital, hit us up here! We provide simple yet effective digital solutions to address your needs in accounting, inventory, sales and HR.
Related Articles
Jing Wen Ang
Shashank Dixit