Nordea

Integration Overview

Fenerum's integration with Nordea simplifies your SaaS company's financial management by automating bank reconciliation and payment reminders. With the integration, your bank transactions are automatically matched with open invoices, eliminating manual work, reducing errors, and freeing up time to focus on growing your business.

Benefits of the Nordea Integration

• Automated Bank Reconciliation: Incoming payments are recorded and automatically matched with open invoices in Fenerum, removing the need for manual input.
• Automatic Payment Reminders: Fenerum sends automatic reminders to customers with overdue payments, ensuring you get paid on time.
• Efficient Payment Handling: Matches 95-99% of payments without the need for human intervention.
• Daily Updates: The integration's automated system synchronizes your transactions daily, keeping your data always up-to-date.
• Time Savings: By eliminating manual reconciliation, you can focus on growing your business.

By integrating Nordea with Fenerum, you can optimize your financial management and create a seamless experience for both your company and your customers.

About Nordea

Nordea is one of the largest financial institutions in the Nordics, offering comprehensive solutions for businesses and individuals. With their Corporate Access solution, Nordea provides businesses with advanced tools to efficiently and securely manage daily financial activities.

The integration between Fenerum and Nordea ensures a reliable and automated payment handling solution, ideal for businesses looking to reduce the complexity of manual bank reconciliation.

Frequently Asked Questions

How does the integration between Nordea and Fenerum work?

The integration allows Fenerum to monitor your Nordea account for incoming payments and automatically match them with open invoices in the system. This ensures your finances are always accurate and up-to-date.

What benefits does the Nordea integration bring to my business?

By using Nordea with Fenerum, you can automate bank reconciliation and payment reminders, save time, and minimize errors.

How do I set up the Nordea integration?

Setting up the Nordea integration is easy. Follow our step-by-step guide in the documentation here. The process requires minimal technical expertise.

Is the integration updated daily?

Yes, Fenerum automatically synchronizes transactions from your Nordea account daily to ensure your data is always up-to-date.

What is the system's success rate for matching payments?

The system matches between 95-99% of incoming payments without the need for manual intervention. This significantly reduces time spent and ensures precision in your finances.

How do I access Corporate Access from Nordea?

You can access the Corporate Access solution by contacting Nordea or visiting their official site here.