Faster, simpler, safer

By integrating your accountancy software, we can access the most up to date and relevant financial information required to make a quick and accurate lending decision. It also makes your life easier - removing the need to manually collate and submit financial information and management accounts. The journey to connect your accounting software should take no more than a couple of minutes and is a quicker and safer way of providing this information.

Currently we support the following accounting packages:

• Clearbooks
• Dynamics 365 Business Central
• Exact Online
• FreeAgent
• Kashflow
• QuickBooks Desktop
• QuickBooks Online
• Sage 50
• Sage Business Cloud Accounting
• Sage 200cloud
• Wave
• Xero
• Zoho Books

We will review the business financial and management data from your accountancy package. This includes but is not limited to: Accounts, Cashflow Statements, Invoices, Balance Sheet and Profit & Loss statements.

For online and cloud based accounting packages, we access your data via the official Application Programming Interface (API) of your accounting package. Once logged in, you’ll be prompted to grant consent for your provider to securely share your accounting information with Atom.

For locally installed accountancy packages, including Sage 50 and QuickBooks Desktop, you will be required to download a software connector to your computer. This must be the same computer where your accountancy package is installed. This will run a one time synchronisation.

You control this access and we never see your accounting package login credentials.

For now, if we do not support your accountancy package we will be able to accept manual documentation. However, we are continuously trying to make our processes simpler and quicker for all our customers - and it may be that we will only accept applications from businesses who have a supported accountancy package in the future.

We are trying to make our lending journey as quick, simple and safe as possible. Removing the ability for customers to submit paper based statements will result in an improved customer experience, a quicker turnaround in lending decisions and ultimately getting the money to you as quickly as you need it.

We have partnered with Codat to provide a solution that enables us to integrate directly via their API to the accounting software used by our small business customers.

Codat provides the technical infrastructure to allow us to access financial information about your business both for lending applications and the servicing of your loan. As part of this service, Codat may use aggregated and anonymised data provided by your accountancy package to provide support to us and for generic product development purposes. Codat will process certain personal data that it receives from us in relation to the provision of the service; and will be responsible for ensuring compliance with data protection laws in relation to such processing.

We will only use your information as required to support the provision and servicing of your loan. By connecting your accounting software, your data is protected via robust bank grade security protocols. Your data is encrypted in transit using SSL and at rest using Advanced Encryption Standard (AES-25) technology and to the standards required by the General Data Protection Regulation (GDPR).

We will only access your data on a one-off basis, either at the point of making a lending decision or when carrying out an annual review of your account. When integrating your accountancy package, you are providing us with consent to access your accountancy data.

There are two ways to revoke this access to your data:

• Login to your accountancy package, and withdraw your consent directly with them;
• Contact us by emailing customersupport@atombank.co.uk with your request and we will revoke your consent within 30 days.

Where necessary, we will retain data in line with our Privacy Policy.