Meet Soldo’s new Bank Transfer Access: an easier way to pay that puts Finance in control and empowers teams. 

Bank transfers have been stuck in rigid, centralised workflows for too long. Procurement and AP teams manage every payment, even small, routine ones through slow, manual processes. This protects control but slows everything else down. 

The result? 
Delayed payments, overstretched finance teams, and employees resorting to risky workarounds like personal transfers or card juggling just to keep things moving

Introducing: Bank Transfer Access 

In most organisations, bank transfers sit at the heart of procurement. They’re typically handled by AP or procurement teams via a centralised Source-to-Pay (S2P) process. This ensures control, but often slows down operations. 

This comes with a heavy cost: 

  • Payments are delayed by days, not minutes. 
  • The AP process is overburdened by low value spend. 
  • Finance becomes a bottleneck, and employees bypass the system altogether, using personal accounts or workarounds that create compliance risks and reconciliation headaches. 

With Bank Transfer Access, you can delegate bank payments without giving up control. 

Soldo enables you to define who can send bank transfers, under which conditions, and with what limits – whether on a purchase-by-purchase approval basis or by setting up autonomous rules adhering to Finance policy. 

  • Cut time-to-payment from days to minutes Let teams handle payments without waiting for Finance. 
  • Slash admin time by up to 90% Eliminate manual approvals, email chains, and clunky workflows for low value transfers. 
  • Say goodbye to risky workarounds Give employees a compliant way to pay by bank transfer, with full visibility and tracking. 
  • Stay compliant, automatically Enforce policies through smart controls so finance can stop policing and start enabling it. 

See it in action  

Take the interactive product tour to see how it works: 

Finance sets the rules, the system applies them automatically, and teams move faster – all without losing oversight. 

👉 Launch the Bank Transfer Access Tour 

Why it matters 

Bank Transfer Access isn’t just another workflow feature. It’s a way to: 

  • Speed up operational payments 
  • Reduce admin across Finance and Procurement 
  • Eliminate compliance risks from off-system workarounds 
  • Keep teams moving — without Finance becoming a bottleneck