Codec collaborates with financial tech firm Yavrio in the Open Banking sector
Yavrio, a London-based fintech company founded in 2022, has formed a strategic partnership with Codec, a Microsoft Dynamics 365 solutions provider. This collaboration aims to bring financial automation capabilities to businesses using Business Central in the UK and Ireland.
Charlotte Huang, a partner success manager at Yavrio, expressed enthusiasm about the partnership, while David Wyke, head of practice at Codec, also expressed excitement. The partnership enables seamless integration of Yavrio's Open Banking platform into Business Central.
Integrating Yavrio's Open Banking platform with Microsoft Dynamics 365 Business Central provides several key benefits. Business Central users will have real-time access to Open Banking data, the ability to embed domestic and international payments directly within the ERP, automation of bank reconciliation, improved cash flow visibility and forecasting, and enhanced financial accuracy and control—all within a single system.
This integration enables businesses to eliminate manual financial processes by accessing up-to-date banking information in Business Central, make payments seamlessly, and automatically reconcile transactions. The platform supports connectivity to over 14,000 banks across 20 countries, ensuring broad banking coverage and secure, FCA-compliant data handling.
This partnership aims to simplify finance for businesses across the UK and Ireland. By streamlining operations and unlocking new efficiencies, businesses can focus on growth and innovation, rather than being bogged down by manual financial processes.
With this partnership, Yavrio continues to fulfil its mission to simplify financial operations by eliminating manual processes and providing businesses with greater visibility and control over their cash flow. For businesses using Business Central, this partnership promises to bring a more efficient, accurate, and streamlined financial management experience.
[1] Source: Yavrio Press Release, date unknown.
- The collaboration between Yavrio and Codec, both fintech entities, aims to simplify finance for businesses across the UK and Ireland by streamlining operations and unlocking new efficiencies through the integration of Yavrio's Open Banking platform into Business Central.
- This integration will enable businesses to eliminate manual financial processes, access up-to-date banking information in Business Central, make payments seamlessly, and automatically reconcile transactions, all within a single system.
- Besides simplifying finance, the integration also promises to provide businesses using Business Central with improved cash flow visibility and forecasting, financial accuracy, and control, as well as real-time access to Open Banking data.
- The platform supports connectivity to over 14,000 banks across 20 countries, ensuring broad banking coverage and secure, FCA-compliant data handling, further benefiting businesses that rely on Business Central for their financial management needs.
