FISPAN's Embedded Banking Boosts Efficiency for Over 1,000 Firms
FISPAN Powers a New Wave of ERP Banking Solutions
FISPAN, in collaboration with Sage, is transforming the landscape of financial operations for businesses. With the adoption of FISPAN's embedded banking capabilities within Sage Intacct, over 1,000 businesses are now unlocking new efficiencies in their financial processes. This achievement marks a significant milestone as demand for embedded enterprise resource planning (ERP) banking solutions accelerates.
Enhancing Financial Workflows
Chip Mahan, Sage's Global Commercial Head of Fintech, Payments & Banking, emphasizes the impact of this partnership: "Our collaboration with FISPAN has been essential in helping businesses optimize financial workflows. By embedding banking capabilities directly within the ERP, we're empowering businesses to save time, reduce risk, and operate more strategically."
Rapid Growth and Increased Adoption
Becoming a Sage Tech Partner Plus in 2023 has allowed FISPAN to expand its reach significantly. In just two short years, the company has welcomed an additional 725 businesses to its platform. Year-over-year customer adoption has surged by 118% from before to after this partnership, followed by an impressive 55% increase in adoption shortly thereafter. This growth underscores the increasing demand for integrated solutions within the financial landscape.
Streamlining Financial Processes
In today's fast-paced business environment, finance and accounting teams face rising demands to improve efficiency and decision-making. FISPAN's integration with Sage Intacct facilitates the adoption of modernized financial practices without necessitating comprehensive changes to existing workflows. This embedded capability provides businesses with the tools they need to streamline operations.
Key Benefits of FISPAN's Embedded Solutions
FISPAN's solutions, directly integrated into Sage Intacct, allow businesses to realize several benefits:
- Automating bank reconciliation and financial workflows to reduce manual data entry and improve the accuracy of financial records.
- Gaining real-time visibility into cash flow to support more confident financial planning and rapid decision-making.
- Simplifying everyday processes, such as payment initiations and approvals, all from within the ERP platform.
Empowering Finance Teams with Valuable Insights
Lisa Shields, the Founder & CEO of FISPAN, expressed enthusiasm about reaching this milestone: "FISPAN is delighted to reach this milestone with Sage Intacct. It means more finance teams benefit from having banking information at their point of decision-making. We're excited to see how this partnership continues to empower businesses through greater speed, precision, and insight."
About FISPAN
FISPAN stands as an industry leader in banking connectivity, working closely with financial institutions to deliver seamless solutions that integrate with both enterprise resource planning (ERP) and accounting software. Their solutions not only automate essential workflows but also enhance visibility and security for businesses. With a robust platform supporting over 4,500 businesses and an astonishing annual payment volume exceeding $100 billion, FISPAN is setting new standards in banking connectivity solutions.
Frequently Asked Questions
What is FISPAN's main focus in its services?
FISPAN specializes in providing embedded banking solutions that integrate seamlessly with ERP systems, enhancing financial operations for businesses.
How many businesses are currently using FISPAN's solutions?
Currently, over 1,000 businesses are utilizing FISPAN's embedded banking capabilities within Sage Intacct.
What advantages do FISPAN's solutions offer businesses?
The solutions offer benefits such as automation of workflows, improved financial visibility, and simplified payment processes.
Who leads FISPAN?
FISPAN is led by Founder & CEO Lisa Shields, who steers the company toward innovative banking connectivity solutions.
What has been FISPAN's growth rate?
FISPAN has seen tremendous growth, with a 118% increase in customer adoption year-over-year, indicating a strong demand for their solutions.
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