BUSY accounting software, reconciliation with ICICI bank

BUSY, a business accounting software, partners with ICICI Bank for banking solutions. The integration will help BUSY users achieve better accessibility in the management of their banking operations, thus improving the efficiency of their business.

As part of this partnership, ICICI Bank current account holders can securely connect their bank account to the BUSY accounting software. This integration will allow BUSY users to automatically reconcile their bank statements, do the accounting, retrieve bank details, make payments, and more, directly from the software, according to a company statement.

MSME sector clients will no longer have to switch between money transfer platforms or make unnecessary mistakes during reconciliation. They can experience contextual banking by connecting their banking and accounting, which was only available to large companies with large IT setup and infrastructure budgets. In addition, users who do not have an ICICI Bank checking account can easily request a new one from the BUSY software itself.

BUSY’s goal has always been to simplify and streamline the day-to-day business activities of MSMEs and SMEs. The statutory part is already streamlined in BUSY, like GST invoicing and filing, e-invoicing, e-invoicing, etc. We now have plans to connect our software to banks and payment gateways from which the user can handle all of their business banking needs online. We look forward to a successful partnership with one of the reputable banks in India – ICICI. We are also looking for other similar collaboration opportunities in the near future, ”said Rajesh Gupta, co-founder and director of BUSY Accounting Software.

ICICI Bank aims to simplify the banking experience of its clients’ businesses with innovative and future technological solutions. We are delighted to partner with BUSY. This collaboration aims to promote the concept of “integrated banking” through “banking plugins” that allow businesses and MSME entrepreneurs to perform various banking functionalities such as invoice collection, payments and automated reconciliations on one platform. -common shape. We believe that access to this type of technology will help MSMEs improve their operational efficiency and grow their business.Pankaj Gadgil, head of the self-employed segment at ICICI Bank, stressed.

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