01
Bank connection through Brazil's Open Finance, with statements from every account consolidated and fees split out.
Transfero · Crypto payments
Deposits and withdrawals reconciled and posted to the books
Transfero handles crypto deposits and withdrawals across hundreds of bank accounts. Statements arrive through Brazil's Open Finance, every transaction is categorized and reconciled, and the entry goes by API to Athenas, the company's accounting system.
How the data moves
- 01Open Finance
- 02Categorization
- 03Reconciliation
- 04Athenas
- transactions processed
- 10M+
- of accounting entries categorized automatically
- 98%
- saved every month on statements and data entry
- 80 h
- estimated payback
- 6.5 months
The challenge
Why it's hard.Crypto payments.
In a crypto payments business, every customer deposit and withdrawal becomes a bank movement in reais: incoming Pix (Brazil's instant payments), outgoing Pix and the fee on each one, spread across hundreds of accounts. Closing the books means knowing what every statement line is (pay-in, pay-out, transfer between own accounts or fee) and posting it to the right GL account. By hand, that means downloading statement after statement and typing it in.
From bank statement to journal entry
- Pix receivedR$12,400.00Pay-inCustomer funds to settle
- Pix sentR$8,150.00Pay-outCustomer funds to settle
- Pix feeR$1.20Bank chargesFees
- Transfer between accountsR$50,000.00Internal transferBanks
- Pix receivedR$3,000.00 · unidentifiedTo categorize
Sample data.
The project
How Openi solved it.In 3 steps.
- 02
Payment initiation regulated by Brazil's Central Bank, with Pix transactions added and approved.
- 03
AI categorization with configurable accounting rules, and entries exported automatically to Athenas.
For the team
What's in plain sight.No digging.
- Fees split out of every transaction
- Pay-ins, pay-outs and transfers identified
- Entries logged by account, date and cost center
On the platform
Solutions used.
- Bank and crypto connectivityOpen Banking in Europe and Brazil, direct bank integrations and crypto wallets: accounts, payments and transactions wired into finance and the ERP.
- CategorizationCategory, GL account and cost center suggested from your history and your rules.
- ReconciliationBanks, ERP, card acquirers and invoices matched by rules and AI. Only the mismatches reach your team.
- ERP integration and workflowsSystems connected, data transformed, rules, approvals and runs tracked until the ERP confirms them.
Demo
See Openiin your operation.
Leave your details. An Openi specialist will get back to you by email.
You leave your details
It takes less than a minute.A specialist gets in touch
To understand your banks, your ERP and what takes up the most time today.You see Openi at work
Reconciliation, categorization and reporting in cases like yours.
