Singapore - October 2nd, 2024 – Aspire, leading all-in-one finance platform, today announces the launch of Aspire Connect, an innovative API bank feed integration set to transform accounting workflows for small and medium-sized businesses. This new solution automates the traditionally time-consuming reconciliation process, turning a tedious, stress-inducing task into a seamless, efficient one.
“Manual reconciliation has been a major pain point for businesses and accountants for far too long,” says Andrea Baronchelli, CEO and Founder of Aspire. “Aspire Connect represents a leap towards our mission to create the most user-centric financial stack for businesses. It isn’t simply about eliminating the burden of manual reconciliation - it’s about fundamentally transforming the financial workflows for businesses, making it stress-free to empower businesses to focus on strategic growth.
SMBs spend an average of 15 hours per month on manual reconciliation. Aspire Connect eliminates this burden, allowing businesses and accountants to close their books up to four times faster. By automating reconciliation, the integration reduces manual work and significantly lowers the risk of errors.
Aspire Connect allows businesses to seamlessly integrate their Aspire accounts with their existing accounting software, through which transaction data will transfer automatically, securely, and accurately to their accounting software in real time.
Aspire Connect has already gained traction in the accounting industry, with several leading firms integrating the solution as launch partners including Osome and Jaz.
Helena Flores, Global VP of Accounting of Osome, a leading online platform for business incorporation and accounting stated, "Aspire Connect has significantly streamlined the way our clients closed books. The real-time data flow and automated reconciliation have reduced errors and freed up countless hours for more impactful work."
Ajay Gopal, founder of Jaz, an AI-first accounting software said, “We're excited to partner with Aspire to help users switch from manual workflows to fully digitized and automated experiences”.
These partnerships are set to benefit thousands of businesses by reducing manual work, minimizing errors, and streamlining financial workflows for better operational efficiency.
Learn more about how you can help your clients close their books 4x faster with Aspire Connect at https://aspireapp.com/partners#aspire-connect.
About Aspire
Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, expense management, payable management, and receivable management solutions - accessible via a single, user-friendly account
Headquartered in Singapore, Aspire has over 600+ employees across nine countries and is backed by global top tier VCs, including Peak XV Partners, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability.