Feature Release: Link External Bank Accounts to a Centralized Transaction Feed with Clearing
New product feature - bank connections. Connect your external bank accounts to Clearing's platform for automated bookkeeping and efficient financial management.
May 29, 2023
Benjamin
Property managers, especially those handling multiple Short-Term Rentals, often face challenges in managing the financial aspects of their rental business. Many resort to using multiple bank services and complex card structures to make their trust accounting work, resulting in a time-consuming year-end process. During this time, bookkeeping becomes a laborious task as they need to reconcile transactions from various sources to balance their books and complete their year-end accounting.
However, with centralized accounting and financial management software like Clearing, this process can become much simpler and intuitive.
We are excited to announce Clearing's latest product update, which allows you to seamlessly connect your external bank accounts to the platform's transaction feed. This feature empowers property managers and real estate investors to bring all their bank transactions into one place, enabling automated bookkeeping and creating a more efficient accounting experience.
Linking your external bank accounts to Clearing is a breeze and can be done within seconds. This streamlined integration makes financial organization and bookkeeping operations significantly simpler and more effective. By connecting your bank accounts to Clearing's financial management system, you can:
- Link external bank accounts - Clearing's new product update enables you to connect all your external bank accounts to a centralized software for automated bookkeeping.
- Access your transactions - Once all your bank accounts are synced with Clearing, you can easily view any transaction you've made directly within our platform.
- Manage information with ease and consistency - No more logging into multiple websites to manage your financial data. Clearing provides a single hub for all your financial management needs.
- Focus on scaling your business - Linking your bank accounts streamlines property and financial management, especially with our automation capabilities. This means you can save time on financial tasks and concentrate on activities that drive the growth of your rental business.
Clearing leverages Plaid, a secure financial aggregator that allows financial technology companies like Clearing to retrieve financial transactions from multiple institutions. Clearing does not have access and does not store any credential information.
Experience Clearing Now
Clearing is an end-to-end financial management software designed to simplify property finances and accounting. If you're seeking a tool that can make your bookkeeping operations more efficient and effective, your search ends here!
We would love to offer you a demo of how to add bank accounts to your transaction feed, so you can witness the difference it can make in your accounting processes.
Contact us now and discover how Clearing can simplify and automate bookkeeping for you.
Clearing is a Financial Technology Company, not a bank. Deposit Accounts are issued by Evolve Bank & Trust, Member FDIC.
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