BMO Sync - FISPAN

BANK FEEDS and Accounts Payable

How BMO Sync can benefit your business

BMO Sync helps you reconcile faster and streamline your accounts payable, allowing you to spend less time on repetitive tasks and more time focusing on growing your business.

Secure transaction flow

Bank feeds you can trust

FISPAN partners directly with BMO to provide a reliable and secure flow of transactions from your bank to your ERP.
Say goodbye to the hassle of bank statement exports and imports, and forget about unreliable third-party connections.
With just a few simple setup steps, your business can start reaping the benefits of direct bank feeds.

No more swivel chair accounting

Streamlined payment processes

BMO’s embedded solution automates payable workflows, eliminating the need for cumbersome file uploads.
Its mixed payment file capability simplifies and centralizes various payment methods within your AP processes.
Pay your bills and employee expenses using a variety of payment methods from your bank, including ACH, EFT, and FedWire.

Easy and Secure Vendor Management

Vendor storage management

BMO’s solution enables you to securely store and manage payment information directly within your ERP system, reducing the risk of entry errors when paying bills.
Simply configure your vendor’s payment details, select the bills you need to pay, and submit the payments—all without leaving your financial management software.

CASH MANAGEMENT AND REPORTING

More visibility and control

View all of your prior day bank transactions directly within your ERP.
Effortlessly track bank balances and prior day transactions—all without the hassle of logging in to multiple bank portals.
Drill down into the details of every deposit, withdrawal, and transfer.

“BMO Sync is very clear and straightforward… It’s much more convenient and easier to work with compared to traditional EFT payments through bank website.”

Hamed Masoumi,
President,
Patty Slaps Restaurant

“Our feedback is positive. This is very helpful in getting all the sweep transfers recorded and not missing anything – it did make the month end bank reconciliation much easier.”