BMO has introduced BMO Sync, a new tool that connects BMO Online Banking for Business with ERP and accounting systems. This service, created in partnership with FISPAN, helps businesses automate banking tasks, making financial management easier and more efficient.

BMO Sync eliminates the need for manual uploads by automating payment processes, allowing businesses to handle wire transfers and electronic payments smoothly. It also provides real-time cash flow tracking, giving companies an up-to-date view of their finances to support better decision-making. The setup process is simple, and businesses can start using BMO Sync in under 30 minutes. Additionally, the system automatically records transactions into ERP software, reducing errors and minimizing manual work.

This launch is part of BMO’s Digital First strategy, which focuses on improving online banking services. By integrating banking directly into business operations, companies can save time and work more efficiently. The partnership with FISPAN highlights the power of APIs in modern banking, making it easier for businesses to connect their financial systems seamlessly.

BMO Sync is now available for BMO Online Banking for Business clients in Canada and the US. It works with major ERP and accounting software, helping companies manage their finances more effectively.