Software management platform LicenceOne has partnered with Nordigen to integrate bank data and track user software subscription transactions.
French-based LicenceOne specialises in helping small and medium-sized businesses stay on top of their software subscriptions by creating a dashboard that allows clients to see information about the software products they utilise, including login activity, billing cycles, renewal dates, invoice collection, and overall use. This is accomplished by syncing clients' payment and workspace accounts. With that information, LicenceOne is able to find all the data required to provide a detailed report with an overview of the clients' software information, allowing user companies to save 15-30% on annual subscription expenses and to track employee usage.
LicenceOne provides their users with control and accuracy concerning the software that they use, empowering streamlined use and a more effective workspace. The Nordigen integration adds open banking connectivity to accurately track subscription payments.
"Opting to work with Nordigen was a no-brainer for LicenceOne. We are extremely impressed with their extensive PSD2-compliant AISP coverage across EU business banking institutions. Their support team has remained available throughout the implementation process, and their fully-customisable interface has allowed us to tailor our user experience to our native design with ease. Their service enables us to provide our clients with seamless tracking of their software payments through direct bank integration, removing the risk of unwanted renewals and aiding in the automation of invoice collection," explains Johnathan Bell, CEO of LicenceOne.
Nordigen is a freemium open banking account information service provider with more than 2300 bank API connections across 31 countries that facilitates user-consented third party access to bank account information.
"Nordigen is always delighted to provide companies with open banking connectivity that supports their innovative solutions. LicenceOne offers a great product that simplifies software management for companies and businesses alike. We are happy to see open banking continue to grow and become an integral part of modern business solutions," says Rolands Mesters, co-founder and CEO of Nordigen.