Source: Isabel Group
Today, Isabel Group launches Ponto, an aggregation service through which companies can access their own account information from multiple banks.
The solution aggregates access to account information across 9 Belgian banks, and will extend its bank reach in the UK, Benelux and France in the coming months.
Teamleader, a leading CRM platform for small and medium-sized companies, is the first application to offer a connection with Ponto. For Ponto users, Teamleader will enable automated reconciliation of outgoing invoices with payments.
Jeroen De Wit, CEO of Teamleader: “As of today, Teamleader users are able to automatically reconcile invoices with account information. This is a first and important step in enabling bank connectivity and driving automation across financial processes in Teamleader, saving our users a tremendous amount of effort switching between applications.”
For companies of any size
By using Ponto, organizations get instant access to their bank account information across multiple banks and can integrate this into any back-office or financial system. Ponto takes care of all the registration and technical connections to banks and bridges the gap between business bank accounts and back-office systems, such as ERP, invoicing, accounting or financial applications.
Ponto can be used directly by companies of any size, and integrated in the software solution of their choice. Use cases include easier invoice reconciliation, better cash management and faster consolidated reporting. Ponto comes with an intuitive developer platform, clear documentation and online support.
Marc Lainez, VP Connectivity of Isabel Group: “Ahead of PSD2 coming fully into effect in September 2019, we are enabling a new way of connecting financial applications to companies’ bank account information. This is the start of a new wave of automation and productivity for companies. September will see the addition of payment initiation features to Ponto.”