Bluevine, a challenger bank for little-business owners, is introducing capabilities that make it much easier for accountants to do their positions.
On Tuesday it announced the launch of its Accountant Channel, which is meant to increase how accounting pros serve their little-business enterprise purchasers. It lets modest-business house owners with a Bluevine checking account securely grant their accountants access to pick out info with a devoted login. It also has a dashboard in which accountants can obtain customer transactions, download bank statements in bulk and reconcile transactions and expenditures. Modest-organization examining account holders could start adding “accountant users” as of Tuesday.
“We believe that partnership with smaller businesses also means making for accountants and bookkeepers — several of whom are business homeowners on their own — and the do the job they do to assistance tiny companies thrive,” Pete Potsos, senior director of accountant partnerships at Bluevine, said in a press launch. “We are committed to building tools to remedy accountants’ suffering points.”
There is a proliferation of compact-business banking applications, and attributes this kind of as this could help Bluevine stand out in a crowded industry.
Bluevine rolled out its checking account to its wide purchaser base in 2020. It improved the product or service in February, with attributes that permit buyers grant entry to licensed people, manage expenditures and combine the banking application with QuickBooks. Despite the fact that accountants did get substantial-stage accessibility to their clients’ accounts with the February updates, they could not download anything or consolidate consumer information on one dashboard.
Account deposits are held by the $2.8 billion-asset Coastal Local community Lender in Everett, Washington.