Open Finance: automatic bank reconciliation

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Every Friday, someone in the finance department opens the bank statement in one tab and the system in another, and starts matching line by line. A PIX payment that came in without identification, a card fee that did not match what was expected, a duplicate entry — this manual check eats up the whole afternoon and, even so, something always slips through.

To take this task out of the manager’s routine, Shooting House brings you Open Finance, a feature that connects the club’s bank accounts directly to the system and updates the cash flow on its own, with no manual entry.

What Open Finance is

 

Open Finance is the standard regulated by the Central Bank of Brazil that allows bank accounts to be securely connected to other systems, with the account holder’s authorization. It is the same technology behind financial apps that already read your statement automatically — now applied to the routine of a shooting club.

How the bank connection works in the system

 

The manager authorizes the connection of the club’s account once. From then on, every transaction — incoming or outgoing — is automatically identified and reflected in the system’s cash flow, without anyone having to open the statement separately or type in amounts.

What changes in day-to-day finance

 

  • Cash flow reflects the real bank balance, not an estimate based on late manual entries;
  • Less time spent checking bank statements against the system every month;
  • Lower risk of duplicate or forgotten entries;
  • Financial decisions based on up-to-date data, not on a spreadsheet from three days ago.

Why this matters for your club

 

A shooting club’s cash flow is concentrated on specific days — membership fee due dates, competition weekends, CR renewal season. It is precisely at these peaks that manual finance falls furthest behind. Automating this reading takes the manager out of the position of always chasing the statement and puts them one step ahead of the problem.

Now available for your club

 

Open Finance is ready and available. Just contact our sales team to enable the bank connection at your club — or check out the Shooting House plans to discover the rest of the system.

One more release designed to take the weight off manual reconciliation and give time back to those who look after the club’s finances.

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