Avaniko announces a powerful new partnership with FastBank - a global leader in financial automation and banking integration for SAP Business One. Together, We are helping dealers automate up to 80% of manual bank reconciliation tasks and gain real-time visibility into their financial position.
What FastBank delivers
FastBank connects directly to SAP Business One to automate the financial workflows that take the most time and create the most errors. The result is a faster month-end close, cleaner AR/AP records, and a finance team that spends less time on data entry.
Key benefits
- Automate up to 80% of manual bank and credit card posting
- Reduce AR/AP processing time by up to 30%
- Connect to 10,000+ banks globally
- Centralize cash control across multiple accounts
- Automate vendor payments with approval workflows and fraud prevention
- Automatically import, match, and reconcile transactions within SAP Business One
- Access real-time financial data
- Use AI-powered OCR for invoice capture
- Enable text-to-pay and global payment support
What this means for MPS dealers
For dealers managing recurring billing, lease payments, and high volumes of small transactions, month-end close has always been a bottleneck. FastBank's reconciliation engine works directly against your SAP data - no exports, no spreadsheets, no guesswork. Transactions that used to take days to match now clear in hours.
"With Avaniko + FastBank, businesses running SAP Business One can finally experience where finance meets innovation. Real-time visibility, automated reconciliation, and smarter workflows - all in one place."
- Avanue Team
Getting started
The FastBank integration is available now for Avanue customers. Reach out to your account contact or connect with the team to activate it within your platform.