Unlock bookkeeping efficiency with Sesame Data - and offset implementation costs with the Jersey Better Business Grant

For trust companies, efficiency and accuracy in bookkeeping are paramount. Yet, many trust companies in Jersey still rely on manual processes that consume valuable time and resources. Enter Sesame Data, an innovative solution designed to automate and streamline bookkeeping, offering unparalleled productivity gains and operational efficiency.

The trust company productivity revolution with Sesame Data

One trust company has already reported that Sesame Data is two-thirds faster than their most experienced bookkeepers. This translates into significant time savings, allowing teams to focus on higher-value tasks such as reconciliation, rather than mundane and tedious data entry. Another firm has successfully automated four out of five bookkeeping transactions, reducing human intervention and minimising errors. 

Sesame Data is an API-based solution that seamlessly delivers data from custodians, banks, and investment managers into the ERP and bookkeeping systems of trust companies. This eliminates the need for labour-intensive data processing, enabling trust companies to scale their operations more efficiently.

Key Benefits of Sesame Data for Trust Companies in Jersey

• Reduce costs and save time: By eliminating manual data processing, companies can cut down on operational costs and allocate resources more effectively
• Scalability without bottlenecks: Winning new clients no longer means hiring more staff - Sesame Data automates the heavy lifting, making growth seamless
• Receive timely and accurate data: With a rigorously validated T+1 data feed from 500+ custodians globally, firms can benefit from faster and more reliable data
• Empower staff with technology: Freeing employees from repetitive tasks allows them to focus on strategic initiatives, ultimately enhancing job satisfaction and retention

Offset the cost of Sesame Data with a Better Business Grant

Implementing Sesame Data not only enhances operational efficiency but also positions your trust company to benefit from Jersey's Better Business Grant. This initiative offers up to 50% matched funding for projects aimed at improving productivity and efficiency within local businesses. 

Eligible projects under the grant include investments in technology and process improvements, making the adoption of Sesame Data a qualifying project. By leveraging this financial support, your trust company can significantly offset the costs associated with implementing Sesame Data, accelerating your journey toward streamlined bookkeeping operations.

For detailed information on eligibility criteria and the application process, visit the Better Business Grant page.

The Future of Bookkeeping is Here

Trust companies in Jersey now have a clear path to digitalising their bookkeeping processes. With proven time savings, seamless automation, and a chance to secure financial backing through Jersey Business, Sesame Data is the ultimate tool for trust companies looking to enhance efficiency and stay ahead in a competitive market. 

Funding from the Better Business Grant is limited and will be allocated on a first-come, first-served basis, so speed is of the essence. Learn more about how Sesame Data can revolutionise your trust company’s operations here.