Finexer Featured in ERP News: How ERP Platforms Are Rebuilding Workflows with Open Banking APIs

Reconciliation, payment execution, and financial reporting in most ERP platforms still run on batch processing. Bank statements arrive periodically. Payments get uploaded in files. Reports reflect historical snapshots. For platforms whose clients expect continuous financial visibility, that model creates friction.

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The piece explores how Open Banking’s account information and payment initiation capabilities are replacing file-based workflows with event-driven reconciliation, direct payment execution, and real-time financial data across UK scaling platforms.

About the Author

Finexer
Finexer

The Finexer Team is a collective of fintech engineers, payments specialists, and Open Banking experts working on financial infrastructure for UK businesses. Finexer builds API-driven solutions that allow companies to access real-time bank data, initiate Pay by Bank payments, and integrate financial services directly into their products.