Power seamless international payments for global businesses
Codat connects your platform to customers’ financial systems and automates their accounting workflows – so you can eliminate reconciliation headaches, reduce costly errors, and capture more of their international transaction volume.
Manual processes are costing you customers.
Every traditional global payment creates hours of bookkeeping work for your customers. They’re uploading statements, matching payments across currencies, chasing FX rates, and reconciling entries one by one. This introduces errors, delays month-end close, and creates friction that drives them to competitors offering automated solutions. The result? Lower engagement with your platform, reduced customer satisfaction, and higher churn.
Streamline workflows from end to end.
Codat connects your platform directly to customers’ ERP systems, so transaction data flows automatically from payment through reconciliation. We handle the multi-currency complexity with standardized formatting in real time – so your customers can avoid manual tasks while you become essential to their daily operations.
The payoff? Higher wallet share, stronger relationships, and a sustainable competitive edge.
Codat gives you everything you need to win and keep key business
Drive higher payment volumes
Frictionless accounting integrations make you the obvious choice for processing international payments – encouraging customers to route more of their transactions through your platform.
Build lasting relationships
By resolving customers’ biggest pain points, you forge operational dependencies that keep them loyal – embedding into their day-to-day workflows, raising switching costs, and giving them every reason to stay.
Accelerate time to value
Launch bank feeds and bill payment capabilities in weeks instead of months, with built-in scalability that lets you add new accounting platforms and expand into new markets – without upping your engineering overhead.
Purpose-built for global transactions
Comprehensive accounting coverage
Automated transaction synchronization
Intelligent multi-currency handling
Standardized data formatting
Integrated bill payment capabilities
Bank-grade security infrastructure
- Seamless connection
Customers connect their ERP system to your platform in minutes through Codat’s secure, embedded OAuth flow – with you in full control of the UX. No spreadsheets, uploads, or exports required.
- Smart data exchange
Codat retrieves the data your platform needs – whether supplier details and invoices for payments or transaction histories for reconciliation – then syncs completed payment data back to the customer’s accounting system.
- Zero-touch reconciliation
Transactions appear instantly in customers’ accounting systems with accurate currency codes, FX rates, and supplier matching – eliminating hours of manual bookkeeping effort.
Leading providers trust us to power their payments
Learn more about accounting integrations for cross-border payments
Frequently asked questions
Which accounting platforms does Codat support for lending use cases?
Codat integrates with 20+ accounting platforms including QuickBooks Online, QuickBooks Desktop, Xero, Sage, NetSuite, FreshBooks, and other systems commonly used by small and mid-sized businesses. You build once to our unified API and gain access to all supported platforms at once, while we handle all details.
How long does it take to integrate Codat’s API?
Most lenders complete the integration process in four to six weeks, on average. Codat’s pre-built SDKs, comprehensive documentation, and dedicated support team accelerate implementation significantly compared to building accounting integrations from scratch – which typically takes six to 12 months per platform.
How does Codat help reduce credit risk?
Codat provides real-time, ongoing access to comprehensive financial data that comes directly from your customers’ accounting systems – including their P&L statements, balance sheets, cash flow data, accounts receivable, and transaction histories. This verified, up-to-date information enables more accurate credit decisioning compared to outdated bank statements or static, manually submitted documents because you can assess your business customers on what their finances look like now instead of what they looked like weeks ago.
Is the financial data Codat provides secure and compliant?
Yes. Codat employs bank-grade security measures including 256-bit encryption, SOC 2 Type II certification, and GDPR compliance. Data is pulled directly from accounting platforms with customers’ explicit consent through OAuth authorization, ensuring the highest standards of data security and privacy.
Can I use Codat for ongoing portfolio monitoring after loan origination?
Absolutely. Codat enables continuous monitoring by maintaining live, ongoing connections to your business customers’ accounting systems. You can refresh their financial data on demand or set up automated data pulls to track performance, flag early warning signs, and make more informed decisions about credit limit adjustments or collections.
What types of lenders use Codat?
Codat serves a wide range of lenders including digital banks, fintechs, equipment finance companies, invoice finance providers, merchant cash advance providers, embedded lending platforms, and traditional banks modernizing their SMB lending processes.
How much does Codat cost for lending applications?
Codat offers flexible pricing based on your specific needs. Contact our team for a customized quote that aligns with your lending volumes and integration requirements.
Do I need accounting expertise to use Codat’s API?
No. Codat standardizes complex accounting data for you into an easy-to-use format designed specifically for business lending use cases. Our API abstracts away the complexity of accounting data, so your team can focus on building great lending products without having to become accounting experts.