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ANZ Bank and Reckon join forces for online BankData processing



Reckon Limited (ASX:RKN) today announced its relationship with ANZ Bank to allow for a completely online integrated BankData application.

Reckon Limited (ASX:RKN) today announced its relationship with ANZ Bank to allow for a completely online integrated BankData application.

Australian Reckon One customers can now sign up for BankData for all ANZ cheque and savings bank accounts and Business One Credit Card accounts. Moving from a paper-based process, this new development means that Reckon clients banking with ANZ can set up their BankData feed by simply logging into their ANZ account online.

Through Reckon One’s BankData application businesses can streamline and automate their entire bank reconciliation process. BankData eliminates data entry and has the ability to split different transactions into different accounts. With connections to an array of major Australian Banks already, adding ANZ Bank to fold further strengthens the BankData offering. The relationship allows for enhanced automation and tracking in Reckon One’s already powerful BankData application. ANZ Bank customers are now able to set up a direct feed into Reckon One online, from their ANZ account.

 

Sam Allert, Managing Director, Australian and New Zealand for Reckon said, “We are pleased to welcome ANZ Bank as part of our BankData ecosystem for Reckon One. Not only will this improve the onboarding experience for ANZ Bank customers, but also completely cuts out the previous paper-based process. ANZ Bank customers are now able to electronically set up the feed from their bank account to Reckon One, through the ANZ Bank internet site.

“We will continue to work with ANZ Bank to subsequently roll-out a direct feed from non-business credit card accounts. We’re also focusing on rolling out this facility with other banks.”

ANZ Bank customers simply need to purchase the Reckon One BankData module (from just $3 per month) when they sign up for Reckon One and then log in directly to their ANZ Bank account through the ANZ website and add the feed.