And what are these tedious tasks in accounting? Well, it's somewhat a matter of preference – but I doubt anyone particularly enjoys manually transcribing long bank statements from foreign banks. You know, when you print out a PDF or CSV, it says "customer" in one column, and you're using a ruler to line up the rows?
I don't know about you, but we believe that's truly a complete waste of time. Of course – if you have plenty of it (time) and your clients pay you handsomely for such tasks – go ahead. However, I still doubt that's the case for most. The truth is that entrepreneurs usually don't really want to pay extra for the additional work these statements bring you.
But there's clearly something very wrong with this picture. You're struggling with transcription, manual data entry, bookkeeping, and verification – and it's quite annoying – and what do you get out of it? Well, now these issues can be a thing of the past for you.
The solution lies in data conversion (DigiAs) – so even for these bank statements (and other Fintech solutions), you'll receive data in a format familiar to you from traditional banks… SEPA XML…
then you simply import it into your chosen accounting (ERP) software – and you're good to go.
And perhaps, on a hot summer afternoon, you'll even have some time left to dip your feet in the pool, the sea, or a basin.
Remember - Let digital become efficient. Your Digi-As :)