Deliver the table-stakes financial feature modern businesses expect
Automatically stream transaction data into your SMB customers’ accounting software – eliminating manual uploads and data entry, streamlining reconciliation, and embedding your platform into the daily workflows they rely on.
Automate data streams in three simple steps
- For your customers:A quick, secure connection
Customers authorize access to their financial systems in seconds through Codat’s secure connection flow.
Once connected, you can access their data any time – for initial underwriting, periodic reviews, or portfolio monitoring – without them having to lift a finger again.
- For your platform:Push and forget
Use Codat’s simple API to push transaction data in real time.
We handle the complexity of formatting, routing, and delivering that data to each accounting platform according to its specific requirements.
- The result:Reconciliation that runs itself
Transactions appear in your customers’ accounting software automatically – properly formatted and ready to reconcile.
No manual uploads, no data entry errors, and no wasted time. Just a seamless financial data management solution that works.
Codat handles the complexities of data collection, standardization, and normalization for you – so you can build advanced bank feed features without deep knowledge of accounting and financial data.
Keep customers coming back
Stop losing deals
Give customers what they want, and win more business. In today’s market, bank feeds and automated transaction syncing aren’t a nice-to-have – they’re your way out of a competitive disadvantage.
Deepen your relationships
Increase retention and lifetime value. When your platform integrates seamlessly into your customers’ accounting workflows, you become essential infrastructure instead of just another tool.
Launch faster than an in-house build
Skip months of complex development work and years of maintenance. Scale quickly, reliably, and effortlessly with Codat’s pre-built UI and standardized API that covers all major accounting platforms.
Save customers hours every month
Manual uploads waste time and introduce errors. Automated bank feeds save customers an average of 25 hours per month while ensuring their data stays accurate and up to date.
Designed for modern financial platforms
Extensive platform coverage
Seamless account mapping
Real-time transaction sync
Native look and feel
Low-code SDK
Built for scale
The difference is in the details
Purpose-built for your product
Unlike generic integration platforms, Codat’s Bank Feeds API is built specifically for banks, neobanks, corporate card issuers, and payment platforms – with built-in expertise in the nuances of transaction data and complex accounting software requirements.
Maximum conversions from day one
We’ve optimized every step of the user connection flow based on our experience with over 350,000 businesses. Fewer clicks, clearer guidance, and intelligent account filtering mean more customers will successfully complete the setup process.
Streamlined security and compliance
We handle the technical complexity of meeting platform requirements and maintaining data privacy certifications – ensuring you stay compliant, secure, and up-to-date with the latest standards.
Here’s what you can accomplish with Codat in just 1-3 months.
- You’re officially handed over to our Implementation team.
- We set up the project, share resources, and grant environment access.
- All stakeholders align on scope, criteria, and next steps.
- Outcome: Clear plan, clear goals, and the right people ready to help you succeed.
- All stakeholders agree on proposal and project scope.
- You build your configuration of Codat to meet your goals, with support from the Implementation team.
- Our Implementation team are on hand throughout to resolve any technical queries fast.
- Outcome: Your Codat configuration is live and ready for testing within weeks.
- Validate and get confidence in your setup.
- You test your configuration internally and with early-adopter customers (beta).
- Your Implementation Specialist ensures tests are comprehensive and works with you to resolve any issues.
- Take your solution to market.
- We support your go-to-market planning, training, and (if needed) migration prep.
- Your team is fully equipped to roll out your solution.
- You start connecting customers.
- Maximize adoption and long-term value.
- Your Account Manager helps drive customer adoption and activation.
- We work together on a joint long-term success plan to deliver measurable impact.
Proven results at scale
Learn more about bank feeds and accounting automation
Frequently asked questions
What is a bank feed, and why do my customers need it?
A bank feed is an automated connection that streams transaction data from a customer’s financial account directly into their accounting software in real time, eliminating the need for manual CSV uploads or data entry. According to one Xero survey, 71% of users identify bank feeds and reconciliation among their most valued features. For your customers, bank feeds save an average of 25 hours of work each month and ensure their financial records stay accurate and up to date.
How long does it take to integrate Codat’s Bank Feeds API?
Most providers complete the integration process and go live within four to eight weeks. Codat’s standardized API, pre-built ready-to-go SDKs, and low-code frontend components significantly accelerate development and launch compared to building direct integrations in-house to each accounting platform, which typically takes up to 12 months per platform.
Which accounting platforms does Codat support for bank feeds?
Codat supports bank feeds for all major accounting platforms, including QuickBooks Online, Xero, Sage, NetSuite, Sage Intacct, FreshBooks, and more. That means one integration to Codat gives you access to all of the accounting platforms your customers use, with consistent and reliable functionality across all of them at once.
Our company isn’t a traditional bank. Can we still offer bank feeds?
Yes! That’s exactly why we built this product. Non-bank financial institutions like neobanks, corporate card issuers, payment processors, and fintechs are typically unable to access the APIs they need to build bank feeds directly. Codat provides that access, allowing you to offer the same functionality as a traditional bank without having to similarly negotiate partnerships with individual accounting platforms
How does account mapping work for my customers?
Your customers simply authorize a connection to their accounting platform through Codat’s secure OAuth flow. From there, they can either use Codat’s pre-built mapping interface, your own custom UI, or their accounting platform’s native interface to select which accounts should receive transaction data. We’ve optimized this process to maximize completion rates, as customers can set up their bank feed and be up and running in a matter of minutes.
Is transaction data pushed in real time or on a schedule?
Codat supports near-real-time transaction syncing. Once you push transaction data to our API, we immediately write it to the customer’s accounting software. This gives customers up-to-date visibility into their account balances and transaction history for better cash flow management.
What happens if a transaction fails to sync?
Codat provides comprehensive webhook notifications and error handling. You’ll receive alerts about sync status, and our system includes automatic retry logic for transient failures. Our documentation provides clear guidance on how to handle edge cases, and our support team is always available to help you troubleshoot your way through any issues as they arise.
Can customers reconcile transactions automatically with bank feeds?
Bank feeds provide one side of the reconciliation equation: the bank transaction data. For complete automated reconciliation, many providers combine bank feeds with Codat’s Expense Management solution, which syncs the corresponding accounting entries (like categorized expenses with receipts). Together, they create a fully automated reconciliation workflow.
How does Codat ensure data security for bank feeds?
Codat maintains bank-grade, enterprise-level security standards, including SOC 2 Type II certification, 256-bit encryption, and GDPR compliance. All of our connections use OAuth authorization requiring explicit customer consent. In addition, we handle all authentication, secure data transmission, and ongoing security maintenance so you can focus on your core product.
What kind of support does Codat provide during implementation?
Codat provides comprehensive support including detailed documentation, pre-built SDKs in TypeScript/Python/Java, sandbox environments for testing, code samples, and access to our solutions engineering team. We work closely with each and every client throughout implementation and beyond to ensure a successful launch and partnership.