PayTraq Blog

A Cloud-based Business Suite

A new release of PayTraq Mobile App

We are excited to announce that the new major release of PayTraq Mobile is available for download from the iTunes App Store and Google Play Store.

The app has been completely redesigned from scratch and now has a new and fresh look and feel. We have improved the overall user experience and made the UI more clean and understandable.

The main goal of the App is still the same - to let you get a clear picture of your business while you’re on the go. The application provides convenient access to the major business data including sales, purchases, expense claims, contacts and products. Activity Stream and Notifications will give you a quick view to all business activities at a glance.

Mobile POS

Mobile POS has also been redesigned to make the overall process more straightforward and simple and of course it's still an easy way to create sales orders

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Posted in updates, mobile, ios, android

Direct Integration with Nordea Web Services

Starting today, all Nordea customers can take advantage of using an e-banking channel for automatic uploading of bank reports to PayTraq and receiving notifications about both incoming and outgoing payments.

With Nordea Web Services, you no longer need to enter your Online Banking to export your bank statement, all banking transactions are updated in PayTraq online.

The advantages of an e-banking channel include:

  • Eliminates the need to enter data manually, automatically uploads all banking operations to PayTraq
  • Improved speed and accuracy of the data entered
  • All operations in your bank accounts are updated in real time reflecting the current financial position of your business.

How to enable Nordea Web Services?

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Posted in accounting, updates, bank feeds, integrations

PayTraq and Zapier Integration. Connect PayTraq with over 500 other popular web apps.

PayTraq always strives to keep all your business data connected. Which is why there is an ongoing effort to integrate it with all your favorite tools. Meet our latest great integration: Zapier.

Zapier is an action automation cloud tool that makes it easy and effortless to pass data between two separate apps. It lets you make hundreds of different connections between different cloud services. Right now there are over 500 different services Zapier can talk to. It is easy to create your own connections without any knowledge of the code or APIs behind it.

Whether it’s your CRM, e-commerce shopping cart, cloud storage, email marketing tool or even just a spreadsheet, Zapier can help you connect all the tools you use on a daily basis.

With the help of Zapier, you can connect PayTraq with popular web apps like Google Drive, OneDrive, WooCommerce, Magento, Google Contacts, Slack, Trello, Pipedrive,

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Posted in integrations, PayTraq features, updates

The Use of Matching Rules for Bank Reconciliation

Recently, we announced a new Automatic Bank Reconciliation feature available in PayTraq.

With Auto Reconciliation, you can easily match most of your statement lines from your uploaded bank statements just in one click.

Auto Reconciliation is available both for the manually uploaded bank transactions and automatic bank feeds. It saves users a lot of time, while making the process quick, reducing the manual effort and improving accuracy.

As of now you can create your own custom bank reconciliation rules to match even more transactions automatically. These are additional rules that can be set up for automatic reconciliation of those bank transactions for which no matching primary documents or journals have been found. Such transactions include bank fees, money transfers, tax payments, transfers from a merchant account, loan payments, etc.

The bank statement line description may contain certain values that help you identify the transaction. You can use part of this

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Posted in updates, bank feeds, accounting, PayTraq features

Announcing PayTraq and Slack Integration

We are pleased to announce that PayTraq can now be integrated with Slack.

What is Slack?

Slack is a powerful collaborative chat app that can be used by organizations to connect various services into a single communications platform.
Slack makes it easy to communicate with your team and keeps all of your communication in one place, instantly searchable, and available wherever you go. If you’re not already using Slack, you can check them out here:

How does the integration work?

The PayTraq/Slack integration will push all notifications delivered to PayTraq Notification Center right into your Slack Channel. You can use these notifications to collaborate with your team in real time without even leaving your chat room.

How to set up a Slack integration?

Step 1: Create a new Incoming Webhook in Slack

You will be prompted to choose a channel or create one, this is

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Posted in integrations, updates, PayTraq features