Manchester, UK – December 12, 2023 – AccessPay, a leading corporate-to-bank integration provider, is delighted to announce its collaboration with Sage, emerging as a Sage Recommended Solution. This partnership empowers global customers to enhance the frequency and accuracy of reconciliation processes while reducing manual efforts and mitigating error-related risks.
Through AccessPay’s integration with the SWIFT network, connecting to over 11,000 banks worldwide, Sage customers utilizing AccessPay’s services can seamlessly access comprehensive and detailed statement data from a diverse range of banks. The data is automatically formatted and securely delivered through a unified connection.
The direct integration of bank statement data into Sage significantly improves the precision and efficiency of the reconciliation process. This enhancement facilitates better financial decision-making by providing users with timely and accurate data from their banking partners. The streamlined process eliminates the need for manual downloading and reformatting of statement data, concurrently reducing the risk of fraudulent activity associated with manual manipulation of bank statements.
Chip Mahan, Global Commercial Head of Fintech, Payments & Banking at Sage, expressed, “The partnership with AccessPay gives our customers access to reliable and secure bank connectivity at a global level and across multiple Sage products. It will help them streamline time-consuming manual processes and instead focus on growing their businesses. We look forward to working with AccessPay to enhance our customers’ experience further.”
Graham Morgan, Director of Strategic Alliances at AccessPay, stated, “At AccessPay, we are incredibly proud of our Automated Bank Statement Retrieval solution – a simple yet powerful, user-friendly answer to one of the most challenging issues facing accountants globally. We are also thrilled to be working closely together with a market leader and are ready to add further value to Sage’s innovative solutions and vast user base.”