Setting up Bank Data Integrations

Overview

By integrating your bank data, you can allow Finley to auto-populate reports and funding requests with bank data without needing to send regular updates manually. To do so, navigate to the Settings page, then to the “Bank Integrations” tab. You can connect to your bank account(s) via Plaid or Teller. To do so, click “Connect new account” under your platform of choice and follow the prompts in the pop-up window.

Step-by-step instructions

  1. Log in to your financial institution account in Finley’s Settings page. Navigate to the Settings page within Finley and select the Integrations tab. Then, click the “Connect new account” button. You’ll see a prompt that allows you to choose your financial institution and enter your login information. (Note: It may take a few minutes to integrate your bank account after logging in. You will see a message appear from the top of the screen indicating that the integration is in progress.)

  2. Once you’ve connected your financial institution, you’ll need to select which accounts should have an active connection Finley and how each account should be classified. Any account that needs to be monitored or reported on as part of your debt raise should be “Active.” The three account classification options are Parent Operating Account, Collections Account, and Other Reserve Account. Finley will automatically save your configuration changes as you make them.

  3. Repeat Steps 1 and 2 for all relevant financial institutions. If all of your debt capital-related accounts are provided by the same bank, you only need to complete Steps 1 and 2 to complete your bank data integration setup. If you have accounts across multiple banks however (a Parent Operating Account with Chase and a Collections Account with Wells Fargo, for example), you’ll need to repeat Steps 1 and 2 for all required financial institutions.

Questions?

If you have any questions, please reach out to support@finleycms.com and our team will be in touch shortly.

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