TreasurUp, the Dutch channels solutions specialist for Daily Business Banking, and Apideck, the Belgian integration infrastructure company, have announced a partnership that gives business banks an ERP-embedded strategy, ready for execution. TreasurUp provides the bank’s capabilities in, or adjacent to, the ERP system, starting with account balances, payment orchestration and reconciliation.
These core capabilities can be enriched with components for FX execution, FX hedging, cash flow forecasting and liquidity management. All fully white-labelled, bank-branded. Apideck provides the ERP connectivity: one API to 50+ accounting and ERP systems, embedded authentication and connection management, and a pass-through architecture that keeps no copy of the client’s accounting data. Apideck also does the technical build and certification work and guides the bank through each programme, where needed.
Niels van Daatselaar, CEO and co-founder, TreasurUp: “Business clients decide what to execute where, at the moment they book an invoice, place an order or see a cash surplus, and that moment includes their ERP. Banks that are not present there risk losing flow or even the daily relationship.
With Apideck we can provide a bank with a complete and consistent ERP-embedded offer in months, in the bank’s own brand, on top of the Transaction Banking and Markets channels that they already run.”
