Neo-Banking

Neo Banking is a cloud based platform for Securely & seamlessly upload transactions directly to bank and reconciliation back to Tally (No 1 ERP in India) ; so businesses can have a perpetually reconciled state with the Bank
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Features of Neo Banking

Virtual Payment

A virtual payment gateway to facilitate payables & receivables

Integration

Integrating all business banking accounts in one place

Plugins

Third-party plug-ins like Tally

Easy Invoicing

Hassle-free invoicing, payout, and payroll processing

GST Compliance

GST compliant bookkeeping

Building the partnership with Tally

Connected Bank
  • Send e-Payment instructions to Bank in a single click from Tally.
  • Simplifying the way you manage Payments.
Arrive on the go
  • Approve transactions on the GO anywhere, anytime.
Easy Tracking
  • Receive automated status on a single screen in Tally for complete visibility
    of payments.
  • Auto-update of bank transaction reference in Tally.
Security
  • Secure and encrypted mode for making e-payments without any manual intervention.
  • Approval on online banking as per existing controls.
Transaction Advice
  • Automated payment advising via email to beneficiary with invoice
    details.
  •  No more follow up for status or request for payment breakup’s from suppliers.

Specified Channel

Compliance

Open banking regulations

Partnership

To extend the bank's services

Innovation

Creating new products, services, and business models

Transformation

Legacy platforms by moving to modern frameworks, processes, and governance practices

Integration with ERP System (Tally)

To have one point of contact for customer either the bank or Tally

  • Initiate payments at Tally (anytime), Information flows to bank
  • Send Payment links to Customer to collect Payment
  • Import Bank Statement to Tally