Keez is an online accounting platform that leverages data aggregation to help entrepreneurs and companies manage their financial and accounting processes more efficiently through digitalization and automation.
With a team of more than 130 certified accounting experts and over 8,500 active clients, Keez serves businesses across Romania, with more than 70% of its customers operating in the IT and professional services sectors. Their promise is simple: entrepreneurs focus on growing their business while Keez handles accounting accurately and on time.
By integrating FinqData, Finqware’s Open Banking-powered bank data aggregation API, Keez took an important step toward eliminating the manual processes traditionally associated with bank statement collection and transaction reconciliation.
Before implementing FinqData, the process of collecting and importing bank statements required multiple manual steps from both entrepreneurs and accountants, highlighting the lack of automated data aggregation across banking sources. Every month, business owners had to log in to their online banking platforms, download account statements, and upload them to the Keez platform so that accountants could process them.
Key challenges included:
- Treasury data was never fully up to date
- Frequent and accurate reconciliations were difficult to perform
- Bank statements had to be downloaded manually from online banking platforms
- Files had to be uploaded manually into the accounting platform
- Different banks provided statements in different formats
- Delays occurred when clients forgot to send their bank statements
These manual workflows consumed valuable time for both accounting teams and clients, reducing operational efficiency and slowing month-end closing processes.
By integrating FinqData, a real-time multibanking API, Keez automated the import of bank statements directly from connected banks, eliminating file uploads and manual intervention altogether.
Through Open Banking connectivity, FinqData securely synchronizes transactions and provides access to standardized financial data updated daily via real-time bank data aggregation.
Users only need to connect their bank accounts once. After authorization, transaction data is automatically imported into Keez for up to six months without any additional action required.
In short, FinqData delivers:
Ditch the Downloads. Automate Your Accounting. Accelerate Your Business.
The integration was completed via a single API, providing Keez with extensive banking connectivity and standardised Open Banking data aggregation flows.
The end-user journey is simple and intuitive:
The results are instant:
- Automatic import of banking transactions.
- Daily synchronization without bank statement files.
- Standardized and structured transaction data via bank data aggregation.
- Intelligent transaction categorization powered by financial data aggregation.
- Automated transaction reconciliation.
By automating this workflow, Keez significantly reduced its dependence on manual processes and file exchanges between clients and accountants.
Benefits for Keez end-users
Benefits for Keez accountants
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