Services · Open Banking Integration
Open Banking Integration with NeoTek's SAMA-Licensed APIs
We integrate and consult on NeoTek's Saudi Central Bank (SAMA)-licensed open-banking APIs, connecting your ERP to all major banks in Saudi Arabia — with consent, controls and audit trails inside your ERP.
What open banking changes for finance
Open banking replaces manual bank files and portal work with secure APIs. Your ERP can read balances and transactions, initiate payments and reconcile them automatically — with the bank's consent and your controls preserved.
Who this is for
- Finance teams still uploading payroll or supplier payment files.
- Businesses reconciling bank statements in spreadsheets.
- Groups that need real-time cash and bank visibility inside the ERP.
- Companies automating collections, SADAD payments or government workflows.
- ERP programmes that need a SAMA-licensed open-banking layer.
What we deliver
- Integration and consulting around NeoTek's SAMA-licensed APIs.
- ERP mapping for bank accounts, payment types and approval limits.
- Consent, security and audit-trail design.
- Sandbox testing and production onboarding.
- Payroll, collections, SADAD and reconciliation workflows.
- Go-live support and post-go-live optimisation.
Use cases
- Payroll and WPS disbursement.
- Supplier and SADAD payments.
- Collections and accounts receivable.
- Bank reconciliation and live cash visibility.
- ZATCA, MOI and GOSI workflow automation.
How it works
NeoTek provides the Saudi Central Bank (SAMA)-licensed open-banking APIs. We design and build the ERP integration around them: financial data flows in, payment instructions flow out, and approvals, limits and audit trails stay inside the ERP.
Banks and coverage
NeoTek's APIs support all major banks in Saudi Arabia. Our consultants have delivered integrations with Alrajhi Bank and Riyad Bank via NeoTek. We assess your bank, ERP and payment flows in the first call.
Security, consent and control
- SAMA-licensed APIs, not screen-scraping or manual files.
- Customer consent and scoped access.
- Approval limits and segregation of duties inside the ERP.
- A full audit trail for every payment and reconciliation.
Our role
NeoTek is the Saudi Central Bank (SAMA)-licensed open-banking provider. Finalytics provides the ERP integration and consulting around its APIs. We do not claim to be a licensed open-banking provider ourselves.
Frequently Asked Questions
Is Finalytics SAMA-licensed?
No. NeoTek is the Saudi Central Bank (SAMA)-licensed open-banking provider. Finalytics provides the ERP integration and consulting around NeoTek's APIs.
Which banks are supported?
NeoTek's APIs support all major banks in Saudi Arabia. Our consultants have delivered integrations with Alrajhi Bank and Riyad Bank via NeoTek.
Which ERPs do you integrate with?
ERPNext and Odoo are our core platforms. We assess other ERPs case by case.
Does this replace our ERP?
No. It connects your existing ERP to your bank and automates the payment, reconciliation and compliance workflows around it.
How long does it take?
It depends on your bank, ERP and how many payment flows you automate. We scope it after a short assessment.
Is it secure?
Integrations run through NeoTek's SAMA-licensed APIs, with consent, approval limits and audit trails inside the ERP.
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