Liquidity Manager SeeDCash Teams Up with Nordigen for Enhanced Financial Data Process

Spanish Fintech platform SeeDCash has chosen Nordigen for an enhanced financial data import process.

SeeDCash is described as an intuitive and advanced analytical system for managing and predicting companies’ liquidity and finances.

The application reportedly includes custom payment and transaction categories, automated daily treasury processes, custom collection and payment alerts, treasury diagnoses and forecasting software.

Teresa Nuñez, CEO of SeeDCash, stated:

“Our application enables entrepreneurs to take full control of company finances and predict the future of their assets. The service can be customised to fit the client’s needs and allows them to easily make financial decisions, such as whether a certain purchase should be made. Nordigen has helped further automate financial data input onto our platform, through the use of open banking APIs,”

SeeDCash has turned to Nordigen for connections to banking platforms, enabling their clients to link up their business accounts to the platform.

The integration aims to ensure that data provided to the platform is consistently up-to-date and financial decisions are made based on relevant data.

Rolands Mesters, co-founder and CEO of Nordigen, remarked:

“We are delighted to be helping new applications make use of open banking through our platform. Financial management is crucial to businesses, regardless of the size of the enterprise. Accurate financial data transported straight from a bank account onto an analytical accounting platform ensures that future forecasts and liquidity management are as accurate as possible.’

As covered recently, Ebitly and open banking platform Nordigen have joined forces to offer financial information straight onto the program from clients’ bank accounts.

Ebitly is a real-time cashflow planning platform, which is focused on giving SMEs access to smart and robust financial management tools. The program’s interface is intuitive and comes with many handy features. The toolset reportedly includes a “virtual CFO” which offers clients with financial suggestions, payment analysis as well as reminders, and risk assessment capabilities.

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