Unlike the other accounting apps in your stack, traditional banks struggle to integrate with your most important tools, such as QuickBooks Online and Xero. Even when they do, the connection can be unreliable, sometimes even breaking—causing a lot of extra work for you and your team just to get basic bookkeeping done. In addition, when you need access to bank accounts and data, clients don’t have an easy way to invite you without introducing liability risks. This dilemma results in more work for you and slower access to financial insights for your clients.

Learning Objectives:

• Determine whether your business is a good fit for introducing an operating bank account into your workflow


• Determine how to use flexible checking accounts to accommodate different cash flow management methodologies


• Identify the easiest and fastest ways to integrate and automate accounts payable directly through banking


• Practice a more efficient bookkeeping process as a result of enriched transaction data and a more robust paper trail at the bank level


• Recognize how to get best-in-class settlement times to free up cash flow in the business