Memo Bank for Accounting Department
Elevate your accounting precision
Tired of the endless quest to track the origin and amounts of financial flows? Seeking better control over the risks lurking within your banking operations? Longing for quick access to dependable data? Memo Bank is designed for accountants. Our offering values your expertise and provides you with access to a solution that speeds up the identification and reconciliation of accounting data.
Revolutionize your accounting reconciliation process
Retrieve any transaction from your history.
Retrieve any transaction from your history. Whether it dates from yesterday or last year, if a transaction has occurred on your account, it will appear in your search results. No need to sift through documents or spreadsheets to find a past operation.
Stop chasing receipts
Are your employees struggling to easily import their expense receipts made by card? Or perhaps they forget to add them? At Memo Bank, you have access to an employee expense management module. Direct import of receipts and our automatic reminders make life easier for your employees and encourage them to add their receipts within the allotted time. On your side, you can filter expenses without receipts or access each receipt with a single click.
Seamlessly assign VAT rates
Stay ahead of your accounting requirements by assigning VAT rates directly within your Memo Bank account. This means you’ll know the applicable rate for each transaction even before opening your accounting software.
Effortless reconciliation with virtual IBANs
Virtual IBANs allow you to link your current accounts to different IBANs. Making it clear where payments originate, even for non-denominated transactions. No more wrestling with complex reconciliations.
Segment your transactions
To organize your banking operations based on teams, customers, suppliers, or expenses, you can open up to 20 current accounts for your company. Each account has its own IBAN.
Streamline outgoing payments
Punctual employee payments
Effortlessly send up to 5,000 transfers simultaneously, with bulk transfers executed in mere minutes. Import your transfer orders in Excel, CSV, or XML format and let Memo Bank handle your transfers on your chosen date.
Pay your suppliers promptly
No longer dip into your cash reserves days in advance to meet your payments on time. No longer suffer from additional costs or low limits for issuing your instant transfers. The standard at Memo Bank: standard transfers issued on day 1 that arrive no later than day 2 or instant transfers up to 100,000 euros, at no extra cost.
Control your employees' expenses
Directly when logging in your account, you can create and configure virtual or physical corporate cards, compatible with Apple Pay and Google Pay. Corporate cards are personalized and can be assigned to each employee or team. Categorize your expenses by card, track them, and control them in real time.
Reduce the risk of fraud
The use of virtual IBANs allows you to never disclose the main IBAN of your bank accounts publicly. This reduces the surface area for fraudsters’ attacks
You can also eliminate the risk of experiencing unauthorized debits by making your primary and virtual IBANs impervious to direct debits.
Take charge of your transfers
Worried about transfer-related errors? Having trouble setting up your transfers? With Memo Bank, you can cancel transfers, make batch transfers, quickly add beneficiaries, send transfer proofs, and much more .
3 Powerful Interaction Channels with Memo Bank
Customized access for your employees
At Memo Bank, you have full control over the tasks your employees can perform on your company’s bank accounts. Create access instantly, modify, or revoke permissions at any time.
Automation of your flows through banking API
Our banking API goes far beyond simple balance inquiries and payment initiation. Collect SEPA direct debits, issue single or batch SEPA transfers, create virtual IBANs, balance your liquidity across your accounts according to your management rules, and more. Our banking API allows you to execute operations and trace your cash flows with exceptional precision and speed.
Seamless EBICS connection
Connect your Memo Bank current account to accounting applications like Sage, Cegid, Quadratus, Exabanque, Kyriba, and more. The connection between Memo Bank and jedeclare.com makes your life easier. The secure EBICS TS protocol ensures seamless, secure data transmission between your accounting tools.
A company thrives through its teams
Our solution is designed to meet the requirements of financial, accounting, and executive management. Its benefits extend to all teams within the company.
Financial department
Memo Bank is a true partner, a bank that knows how to support us when we need it.
Jean-Sébastien Moroni
Chief Financial Officer
of Moroni S.A
