Frequently Asked Questions

You get a ready-to-use, standardized solution covering financial management, sales processes, inventory accounting, data analysis, and integrations.
The system is adapted to Lithuanian legislation, supports VAT, i.SAF, i.VAZ, SAF-T, GPM, “Sodra”, GPAIS, and other mandatory reports, and also allows working with multiple currencies and company groups.

Yes. Business Central is designed to be useful for the entire team.
The company director sees KPIs and financial situation in real time, the finance director automates accounting and manages costs, and the purchasing and sales manager works with all order and supply processes in one system.
Everyone works with the same data – without interpretation or errors.

Yes. Business Central fast launch is fully adapted for Lithuanian businesses.
The system supports local tax and accounting requirements, automates declaration completion, and ensures that financial data is managed according to current legislation.

Yes. Business Central has an open API, making it easy to integrate with e-commerce platforms, HR, banks, document management, or other business systems.
As needs grow, functionality can be expanded with add-ons or custom solutions – without losing the already implemented system and data.

You gain access not just to one person, but to a team, clearly defined processes, greater continuity, and a standardised system with real-time financial data.

Yes. We work with companies in Lithuania, Latvia, Estonia, and Poland, ensuring consistent accounting practices and smoother consolidation of group-level financial data.

We provide not only accounting services, but also management accounting information and analytical reports that help executives make faster and more informed decisions.

We begin by assessing the current situation, existing processes, and data sources. We then prepare a handover plan and transfer accounting management in stages to ensure a smooth transition.

Yes. The scope of services can be tailored to your company’s structure, processes, and specific needs.

We work with a secure business management system that includes access controls, centralised data management, and standardised processes designed to minimise the risk of errors and data loss.

Our service includes more than just salary calculation—it’s a comprehensive payroll process package with a digital employee portal, automated requests, documents, business trip accounting, and declarations. We work on a team basis, so the service is not interrupted by vacations, illness, or employee turnover.

All data is stored according to Microsoft security standards, using encryption, restricted access rights, and continuous monitoring. We ensure that information is protected from unauthorized access and complies with applicable GDPR requirements.

All calculations are performed by our experienced payroll and labor law specialists with 17 years of market experience. Our team constantly monitors legislative changes and ensures that processes are performed correctly.

Typically, the startup takes 1–2 weeks. First, a meeting is scheduled with our payroll team, we clarify your expectations and needs, customize the appropriate plan for you, and activate the system.

Yes, the service is modular. You can choose only payroll calculation and add personnel administration or additional solutions later.

If you need additional solutions or have individual requirements—we will customize the service to your business specifics. The Enterprise plan allows you to create custom processes and integrations.

The monthly fee starts from €45/month and depends on the number of connected bank accounts. More details and the pricing calculator are available here. Pricing is calculated per Business Central production environment.

If you are an accounting firm, please contact hello@bankfeed.com for tailored pricing.

Softera.Bankfeed enables automatic import of bank statements from all European banks operating under the open banking framework.
Clients in Lithuania and internationally already use the solution with banks and payment platforms such as SEB, Swedbank, Luminor, Citadele, Medicinos bankas, Stripe, Revolut, Paysera, Santander, and others.

Bank transactions are automatically imported into Microsoft Dynamics 365 Business Central, where payment journal entries are created. Incoming transactions are then automatically and accurately matched with issued invoices through customer, vendor, and document recognition, ensuring reliable and consistent reconciliation.
Depending on the configuration, transactions are matched either automatically or manually. Incoming payments are accurately reconciled with issued invoices through customer, vendor, and document recognition. Any unmatched entries remain in the payment journals for user review and can be reconciled manually.