Codec collaborates with fintech Yavrio in the Open Banking sector
Codec and Yavrio Partner to Streamline Financial Operations for Dynamics 365 Business Central Users
In a strategic move aimed at enhancing financial management for businesses across the UK and Ireland, Codec, a leading provider of Microsoft Dynamics 365 solutions, has partnered with Yavrio, a fintech innovator specialising in Open Banking connectivity and embedded payment technologies.
This partnership brings Yavrio's open banking fintech innovations, which connect to over 14,000 banks across 20 countries, into Codec's Microsoft Dynamics 365 Business Central expertise. As a result, users of Business Central can now access real-time banking data, initiate payments, and automate reconciliation within their ERP system.
Charlotte Huang, partner success manager at Yavrio, and David Wyke, head of practice at Codec, have expressed their excitement about the partnership. Both parties believe that this collaboration will simplify finance for businesses by eliminating manual processes and providing them with greater visibility and control over their cash flow.
One of the key benefits of this partnership is the real-time access to open banking data within Business Central, enhancing financial visibility. Embedded payment capabilities directly inside the ERP system simplify payment processes, while faster and automated bank reconciliation reduce manual effort and errors.
Improved cash flow visibility and forecasting are also achievable, enabling better financial planning. Enhanced financial accuracy and control can be attained by integrating banking data and payments seamlessly with Business Central.
Yavrio's platform, known for its secure and FCA-compliant data handling, ensures a seamless integration into Business Central. Business Central users can now initiate embedded payments directly within the system, and Yavrio's platform connects to over 14,000 banks worldwide.
The mission of Yavrio is to simplify financial operations and provide businesses with greater control over their cash flow. Codec, on the other hand, is committed to empowering businesses to streamline operations and unlock new efficiencies. Together, they aim to bring financial automation capabilities to businesses using Microsoft Dynamics 365 Business Central across the UK and Ireland.
For further reading, you can find information about Yavrio's recent connection with five major US banks.
In conclusion, the partnership between Codec and Yavrio promises to revolutionise financial management for businesses using Microsoft Dynamics 365 Business Central. By streamlining financial operations, businesses can unlock new efficiencies and focus on their core activities.
- The partnership between Codec and Yavrio enables Business Central users to access real-time banking data, initiate payments, and automate reconciliation within their ERP system through Yavrio's open banking fintech innovations, which connect to over 14,000 banks across 20 countries.
- With Yavrio's platform, known for its secure and FCA-compliant data handling, Business Central users can now initiate embedded payments directly within the system, connecting to banks worldwide.
- This collaboration between Codec and Yavrio promises to revolutionise financial management for businesses using Microsoft Dynamics 365 Business Central, allowing them to unlock new efficiencies and focus on their core activities.
- Together, Codec and Yavrio aim to bring financial automation capabilities to businesses using Microsoft Dynamics 365 Business Central across the UK and Ireland, simplifying finance for businesses and providing them with greater visibility and control over their cash flow.
