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Introducing Fyorin’s Bank Feeds Hub: The Missing Link Between Your Banks and ERP

Product Updates
ERP
Multi-Banking
By
Karolina Jarosinska
|
November 2, 2025
Bank Feeds Hub

Mid-market businesses operating across multiple banks and entities are very familiar with the pain of reconciling transactions from all their providers. The reality of a seemingly simple accounting task is highly manual and time-consuming: downloading bank statements, uploading them while managing different formats and data supplied by banks. The banks and ERP don’t easily “talk to one another,” which creates blind spots, slows down reporting, and inflates risk.

Fyorin’s Bank Feeds Hub closes that gap.

The missing link between your banks and ERP - one connection that standardises transaction data, removes manual bank statements, and keeps everything in sync in real time.

Why Finance Teams Struggle With Multi-Bank Connectivity

As businesses scale internationally, they often maintain relationships with several banks to handle payments, collections, and foreign currency accounts. Each bank uses different formats, authentication methods, and delivers statements in a different form. ERPs, meanwhile, only support a limited number of direct bank connections — if any. Even worse when a local bank is not directly supported by the ERP.

The result:

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    Fragmented visibility across subsidiaries and currencies
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    Time-consuming file uploads, standardisation of data, and delayed reconciliation
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    Inconsistent data formats that introduce errors at month-end
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    Higher risk of compliance gaps and reporting delays

Purpose-Built for Multi-Entity, Mid-Market Businesses

The hub was designed for finance teams managing complex structures without enterprise-level budgets or with lean IT teams. With Fyorin, adding a new bank or subsidiary doesn’t require a new integration project or technical resources.

Businesses get centralised governance and scalable infrastructure - growing from two to twenty banks using the same connection.

Faster, More Accurate Reconciliation

By removing manual statement handling, the Bank Feeds Hub accelerates month-end closing. Transactions appear automatically in your ERP, matched and ready for review.

Finance teams spend less time verifying data and more time analysing it - closing faster, reducing reconciliation errors, and improving overall reporting accuracy.

Stronger Compliance and Audit Readiness

Every data flow between banks, Fyorin, and ERP is fully logged and traceable. The automated, permission-based design ensures consistent audit trails, supporting compliance across jurisdictions without adding administrative overhead.

See the Missing Link in Action

With the Bank Feeds Hub, you gain unified control over your entire banking ecosystem - one connection, one standard, one source of truth.

Connect now to bring every bank feed into Fyorin and keep your ERP up to date in real time.

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Karolina Jarosinska
Product Marketing Manager
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Karolina is the product marketing manager at Fyorin. She deep dives into topics like fintech, payments, unified treasury to extract the recent trends and insights and bring them to Fyorin's audience.

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