BankLink

BankLink collects data from over 60 Banks, Building Societies, Credit Unions and Rural Suppliers and sends you secure electronic copies of your clients' statements via the Internet. Every month, you receive all your client data, all at once.

BankLink also provides you with powerful software that can automate your coding and allows you to manage and report on your clients' transactions. Our software integrates with your practice accounting systems to enable the transfer of data to your general ledger or GST totals directly to your tax product. Data entry is eliminated and data accuracy is improved. The BankLink service saves both time and money!

The BankLink Service:

The implementation of BankLink and the associated working practises will save time and improve the effectiveness of your communication with clients. There will be no more unbillable time wasted chasing information or reconciling cashbooks.

BankLink has a track record for providing a reliable and highly cost effective service to the accounting profession. Explore the opportunities BankLink offers and start to work smarter:

How does BankLink save time?

Using BankLink means you save time on processing your clients' accounts. It does this because you:

  • Receive bank statement information earlier in the month

  • Eliminate data entry

  • Improve data quality - by eliminating data entry, miskeying errors and missing data is not an issue

  • Avoid coding repetitive transactions through the use of BankLink's automatic coding tool

  • Code faster using the data sorting facilities

  • Produce an automatic bank reconciliation - you will never have to reconcile a cashbook again

  • Avoid chasing clients for bank statements, or waiting on replacement bank statements

    • Why is BankLink right for you?
    you have clients who...

  • Cause you to write off time due to their poor organisation and record keeping?

  • Send you data files from their computer accounting system that are "less than perfect"?

  • Employ someone to do their books, but their accounts are still "not up to scratch"?

  • Send you manual records such as cashbooks, spreadsheets, bank statements, cheque butts or just a shoebox of various bits and pieces?

  • Lose vital pieces of information?

  • Could benefit from additional management reporting?

    • If you answered YES to any of the above, BankLink can make your practice more efficient and improve the service you offer to clients.

    How can BankLink improve the service you provide?

    There are different levels of BankLink, to suit your clients accounting and computer skills. You can choose to do all the coding in house, or allow your clients to code some or all of the transactions. You can communicate via phone, fax, mail or e-mail. Using our BNotes option you e-mail a file of uncoded transactions to your clients. The client fills in the gaps and e-mails the file back to you. It's so easy and clients love it! Note: There is no extra charge for any of these options. They are all part of the BankLink package.

    After the coding is completed, BankLink can produce meaningful management reports at the click of a mouse. This allows you to improve your service by providing useful information to your clients. It may even result in some new revenue generating opportunities.

    How easy is it to use the software?

    The BankLink software is designed to be intuitive and simple to use. To ensure you get the most from our service, BankLink provides free support. There is also a free interactive training program, a comprehensive user manual and other helpful documentation. You'll be up and running in no time.

    When your practice registers with BankLink, a consultant will call you. He or she will be your implementation assistant, providing guidance to ensure you have BankLink operating efficiently as quickly as possible.

    How much does the service cost?

    There is no initial charge for the BankLink software or any charge for the ongoing software upgrades. You pay a small monthly fee plus a one-off registration charge per account. The total cost of BankLink depends on the number of accounts the practice loads and the number of transactions in each account, but the average cost of an account is about $5 per month. For full charges details contact BankLink on 1800 123 242

    How do I find out more?

    For more information, call BankLink on 1800 123 242 or e-mail sales@banklink.com.au