Direct bank connections allow you to connect your financial institutions directly to the bank activity feature in Restaurant365 and automatically download your bank activity transactions. The direct bank connection feature allows you to obtain and import your bank activity with a single click, all from within R365.
With direct bank connection, you can enjoy automated bank reconciliation, easily record daily deposits with automated tracking, quickly and securely pay vendors using R365 AP Automation, and save even more time with automatic check signatures.
When I came on board and looked at our accounting system at the time, nothing reconciled — AP ledgers didn’t tie to G/L, intercompany accounts didn’t net, and we had credit balances in inventory accounts. R365 is much more user friendly and helps me prevent a lot of potential errors. I have created a ton of efficiencies just through bank reconciliations and all of the import capabilities.