Introduction

BankAuth is a tool that allows teams to verify bank information without a phone call.

What do you mean verify bank information without calling?

Companies can record an audio recording of their bank information and manage approval processes to ensure that only authorized vendors can access their sensitive bank details on BankAuth.

In today’s business environment, many companies implement policies within their accounting departments to verbally verify bank information before processing payments on invoices.

We aim to bridge that gap.

What's the point?

Coordinating with vendors to verify bank information can be tricky, especially when time zones don’t align during typical working hours, like with Chicago and Tokyo. This often means accounting teams have to work closely with vendors—sometimes even outside regular business hours—to arrange verbal confirmations, which can make the process more time-consuming and complicated.