Bank Sync feature – no longer lose time inputting transactions into spreadsheets, Pandle automatically syncs all of your transactions for you from your various accounts. As not only is the process of manually inputting figures into spreadsheets – or word docs – time consuming, but it can provoke further time wastage, from incorrectly inputting data.
Automatic error detection – Pandle will automatically notify users if an error arises within their accounts. This prevents users from having to analyse lists of transactions to locate an error, and stops users from submitting incorrect tax returns which can delay submissions, incurring loss of time and penalties.
Payment reminders – through automated payment reminders your business can schedule alerts to go out to clients, to prompt customers in advance prior to deadlines. Not only does this ensure employees nudge clients enough so that your business receives payments punctually, but also stops employees deviating from their roles to chase payments.
Bank Rules – Pandle-users can employ Bank Rules for when transactions have been imported, they can automatically be sorted into a category and applied VAT, without being checked and confirmed by the user. This is time-efficient and prevents an employee from having to manually categorise and VAT transactions, whilst avoiding manual error.