Check-it is a Spain-based fintech firm that created a tool which enables its business users to manage all their cash-flows in one place, helping streamline accounting processes and stay on top of company funds. Created by accounting and tax experts, as weCheck-it chooses Nordigen as their open banking provider for bank aggregationCheck-it chooses Nordigen as their open banking provider for bank aggregationll as a software team specialising in process automation, Check-it was developed to be genuinely useful and solve existing pain points for their clients.
The platform allows customers to aggregate their bank accounts and manage their transactions, incoming payments and digital invoices. Additionally the platform connects to accounting software, enterprise resource planning tools and company communication channels, and links payments to specific clients. This is performed through a bank reconciliation program that helps filter and organise information such as bank entities, time periods and types of transactions.
“Check-it was created to help streamline accounting processes, and save time and resources for professionals and businesses of various sizes. We are always looking for new ways to develop and enhance our product, which is why we decided to tap into the power of Nordigen and open banking,” explains Álvaro Torralbo, co-founder and Product Manager of Check-it.
Check-it has made the decision to partner with Nordigen to facilitate a quicker direct link to bank accounts. Previously, the system would update daily, however, through Nordigen’s open banking technology, Check-it customers benefit from continuous secure connections, with financial data updated in real time.
“Open banking is a great tool that enables businesses to connect their accounts and manage their finances all in one place, helping stay on top of updated information on company funds at all times. We are happy to be Check-it’s chosen open banking platform and to enable them to enrich their services with up-to-date financial data,” says Rolands Mesters, co-founder and CEO of Nordigen.