Bank statements give you a report of all movements in and out across all your accounts.
Are you still bank statements them manually? Isabel makes all that a thing of the past! Simply ask your bank to receive your statements digitally (CODA, MT 940, CAMT) in your Isabel environment.
You will then be able to import those electronic statements in your accounting package to initiate a (semi-)automatic invoice reconciliation process.
Do you prefer a fully automatic import of account statements in your accounting package?
There is an alternative to the Export Account Information (CODA) module: with Isabel Connect, bank statements can be automatically imported in your accounting package without any manual intervention. With Isabel Connect, you don’t need the Export Account Information (CODA) module itself, as it’s already included in Isabel Connect!
Contact Isabel Group for more information about the compatibility of Isabel Connect with your software.