Connecting your bank account allows Business Performance Insights to use your business financial data to provide cash balance information, transaction activity, spending insights, cash flow forecasting, and other business performance metrics.
Connect your bank account
Sign in to the Lendavo Platform.
Go to your Business Health Dashboard.
Locate the Business Performance Insights section.
In the Accounts card, click Add Accounts.
You may also see a + button next to Data sources in certain Business Performance Insights sections.
Select your bank or financial institution.
Follow the prompts to securely sign in to your financial institution.
Select the business bank account or accounts you want to connect.
Review the requested permissions and complete the connection.
Once connected, Business Performance Insights will begin retrieving the available financial information from your selected accounts.
What information can I see after connecting my bank account?
Depending on the information provided by your financial institution, Business Performance Insights may display:
Current cash balances
Individual checking and savings account balances
Spending activity
Transaction history
Historical cash balances
Cash flow information
Cash flow forecasts
Business performance metrics and insights
You can view your connected accounts from the Accounts section of Business Performance Insights.
Can I connect more than one bank account?
Yes. You can connect multiple eligible financial accounts.
Connecting the accounts your business actively uses can provide Business Performance Insights with a more complete view of your business's financial activity.
To connect another account, click Add Accounts or the + button next to Data sources.
Why are some metrics still unavailable?
A bank connection does not provide all of the information required for every Business Performance Insights metric.
Some metrics, such as accounting-related performance measurements, may require an additional app connection such as QuickBooks.
When additional information is needed, you may see Connect Apps within the applicable section.
How do I know when my information was last updated?
Business Performance Insights displays a Refreshed date within its individual sections.
This date shows when the information displayed in that section was last updated.
What if my bank account stops updating?
Your financial institution may occasionally require you to reconnect or reauthorize your account.
If your information is no longer updating:
Open the Business Health Dashboard.
Go to Business Performance Insights.
Select the applicable connected account or Data sources option.
Follow the prompts to reconnect or reauthorize the account.
Availability and refresh timing may vary depending on the financial institution.
Business Performance Insights is included with an active FundingIQ subscription.