Frequently asked questions

Using configurable recognition rules, Softera.Bankfeed automatically identifies matching data points.
When a match is found—such as customer number, invoice number, payment reference, or amount—the system links the payment to the corresponding invoice and proceeds to process the next transaction line, ensuring efficient handling of the entire bank statement.

Recognition results depend heavily on proper product settings and the quality of transaction data received from the bank. Typically, Softera.Bankfeed achieves at least a 95% recognition rate.
Each posting of a received transaction, whether recognized by Softera.Bankfeed or by the user, allows the recognition mechanism to continuously improve and enhance future recognition results. The accumulated posting history is used when receiving and recognizing future bank transactions.

To install the Softera.Bankfeed solution and start using the 1-month free trial, click the “Free Trial” button on Microsoft AppSource.

Using the materials provided below, you can install and start using the solution independently in just a few hours:

Setup wizard for general parameters and bank connection – video tutorial available HERE
Wizard to familiarize yourself with Softera.Bankfeed fields, pages, and functions – video tutorial available HERE
Detailed user instructions are available HERE
Clients typically contact us for assistance with payment recognition and invoice reconciliation setup. If you need such assistance, please contact us at support@bankfeed.com.

The solution enables automatic import of payment information from platforms such as Kevin, Klarna, Paysera, PayPal, Stripe, Wise, ConnectPay, Soldo, Skrill, and others.

Artificial intelligence helps analyze financial data faster, identify repetitive tasks, generate summaries, and quickly find necessary information. The practical value comes not from the mere fact of AI, but from the finance team spending less time on routine tasks and more on decision-making.

Business Central is a cloud ERP solution for small and medium-sized businesses. It is designed not just for accounting, but for broader business management: finance, sales, operations, projects, supply, manufacturing, or services—depending on your needs. Its key value is that processes and data are managed in one environment, and the solution works naturally with Microsoft 365, Power Platform, and Copilot.

Microsoft Copilot for Business is an AI solution operating within the Microsoft ecosystem, encompassing Microsoft 365 applications, Copilot Chat, search, agents, and Copilot capabilities in business systems. It helps create content, summarize information, analyze data, and work with organizational context in the daily work environment.

Copilot works in Word, Excel, PowerPoint, Outlook, Teams, and other Microsoft 365 applications, and can also be applied in Dynamics 365 and Business Central or Dynamics 365 Sales scenarios. Microsoft also distinguishes Copilot Search, Copilot Chat, and agent creation with Copilot Studio.

Copilot helps automate repetitive tasks: prepare drafts, create summaries, analyze data, suggest formulas, generate content, and accelerate daily actions. In the Business Central environment, Microsoft emphasizes productivity enhancement, workflow simplification, and reduction of routine tasks.

In Business Central and Dynamics 365 Sales environments, Copilot helps work faster with sales, customer service, finance, and supply processes. It is used for summaries, content generation, forecasts, data analysis, and other tasks that help manage business processes more efficiently.

Power BI is a Microsoft business analytics platform that allows you to visualize, analyze, and monitor company data in real-time. Integrated with Microsoft Dynamics 365 Business Central, Power BI helps make faster and more accurate business decisions.

The Power BI solution is designed for company executives, finance, sales, purchasing, and operations managers who want a clear view of company results, key KPIs, profitability, and operational trends in one place.

Yes. Power BI reports can be automatically updated, so you always see the latest information and can quickly react to changes or deviations from plans.

Yes. Power BI has ready-made integrations with Microsoft Dynamics 365 Business Central, allowing you to analyze financial, sales, purchasing, inventory, and other business data.

Yes. Power BI allows you to analyze data by departments, projects, customers, products, periods, or other selected dimensions, as well as compare results with budgets or previous periods.

Yes. Power BI reports, indicators, and visualizations can be customized according to your business specifics, operating model, and decision-making processes.

Yes. Power BI uses Microsoft security, access, and data protection mechanisms, and user rights are managed through the Microsoft environment and Business Central.

Microsoft Power Automate and Power Apps are low-code Microsoft platform solutions designed to automate business processes and create internal business applications without complex programming. They help companies save time, reduce manual work, and minimize the risk of errors.

Power Automate is used for process automation: data transfer between systems, sending notifications, approvals, periodic tasks.
Power Apps is designed to create user-friendly applications (e.g., for travel expense accounting, reservations, internal request solutions).
These solutions are most often used together to fully automate a process from data entry to accounting or reporting.

These solutions are suitable for:

Small and medium-sized enterprises
Growing organizations with repetitive processes
Companies using Microsoft 365, Dynamics 365, or other business systems
Organizations looking to quickly digitize internal processes without expensive programming