Nook

Nook

Financial Services

London, London 1,218 followers

👋 The all-in-one platform to streamline your B2B payments 💳

About us

👋 Welcome to Nook. The all-in-one platform to streamline your accounts payable workflows. Take control of your business-to-business payments, and get back to running your business with: 🔄 2-way sync with Xero/QuickBooks/Sage 🔎 Review, Edit, and Approve trades from a single platform 💳 Make bulk payments in multiple-currencies ✅ Automatically reconciled saving hours Experience B2B payment perfection.

Website
https://www.nook.io
Industry
Financial Services
Company size
2-10 employees
Headquarters
London, London
Type
Privately Held
Founded
2021
Specialties
B2B Payments , OpenFinance, SMEs, FinTech, SAAS, AP Automation, AR Automation, Payments, E-Invoicing, FX, Accounting Automation, Smart Contracts, Invoice Protection, and Cash Flow Management

Products

Locations

Employees at Nook

Updates

  • View organization page for Nook, graphic

    1,218 followers

    Important security advice from Henry Arnold to anyone selecting an invoice processing product https://lnkd.in/eAbf7Xsm

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    More #payments products are adding #OCR to read supplier #invoices. Nook still has important features that a missing from these competitor products including line item extraction. But what is often hidden to users are important security features. Invoices are hopefully sent from trusted suppliers. However, suppliers systems can be attacked or attackers can impersonate a supplier.  Everyone is familiar with classic attacker who visibly changes bank account details. However, other attacks are possible. Attackers can embed JavaScript in PDFs or images. If the application renders the file in the frontend end they are vulnerable to cross site attacks. This could allow a bad actor to change bank details with an API call. For this reason we re-encode all files we receive. We are aware some of the new competitors do not take this important step. If you would like to test a product download the file the product renders and compare it with the file you sent using the Python code I have left in the comments.

  • View organization page for Nook, graphic

    1,218 followers

    Incredible evening at the Xero Awards 💙 Nook picked up the Emerging App Partner of the Year award! 🏆 Thank you to all our brilliant customers that have supported us and the entire team at Xero

    View organization page for Xero, graphic

    355,405 followers

    Please join us in congratulating our 2024 UK #XeroAwards winners! 🎉🥂👏 Small Firm of the Year: LJM Bookkeeping Ltd Mid-size Firm of the Year: Ad Valorem Group Large Firm of the Year: SHORTS Innovative Partner of the Year: Ecommerce Accountants LLP Bookkeeping Partner of the Year: Accountability Edinburgh Total Xero: Ellacott Morris National Partner of the Year: Azets Community Impact Award: Makesworth Accountants Small Business App of the Year: Dext Practice App of the Year: A2X Emerging App Partner of the Year: Nook Financial Services Partner of the Year: Crezco And our Most Valued Professional award has gone to... Jonathan Gaunt from FD Works! #XeroAwards #Xero

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  • View organization page for Nook, graphic

    1,218 followers

    AI 🤖 - everyone's talking about it and rightly so. It has the potential to change the way we work and how quickly we can get things done. Join Joe Lines on 7th March Wednesday to hear about: ➡ AI's evolution in finance ➡ How finance teams are boosting efficiency with AI today ➡ Nook's new AI features (you'll get to see a sneak preview too 👀). Register now and we'll see you there! 🚀

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  • Nook reposted this

    View profile for Joe Lines, graphic

    CEO & Co-Founder @ Nook

    Banks get a lot wrong for accountant clients. A series on the main challenges we hear from accounting firms and how we’ve built Nook to solve them. Challenge 1 - Complex onboarding ❌ Businesses don’t always have a standard Ltd structure with UK directors. They might use an employee trust, a group structure, or have shareholders domiciled internationally. 🔥 This complexity leads to prolonged account opening times for clients, assuming banks even agree to serve them. It involves excessive paperwork, constant email exchanges, and a lack of transparency, significantly increasing stress for Directors and UBOs. 💙 Nook cuts through the complexity. We’ve built an onboarding experience that is fast, self-serve and transparent. We clearly guide the accountant and client on who and what is required to complete every step. Compliance without complication. 👀 Stay tuned for more insights. Next up is delegate access and why outsourcing supplier payments or accounts payable safely is challenging with existing banking products. Gareth Anderson Sophie Hossack Jason Bland Karen Garrattley Edward Kirkby Sam Wilkinson Grace Bayton Piyush Jain David Kendrick James Lizars FCCA Dayle Rodriguez Josh Bowen

  • Nook reposted this

    View organization page for Nook, graphic

    1,218 followers

    Nook is a finalist for Xero's Emerging App Partner of the Year award and we're ecstatic! 🎉 🎉🎉 A massive thank you, of course, to our customers and partners for supporting us, and a huge congratulations to our team who work tirelessly and always strive to deliver the best customer and user experience possible 💙. And a final, but massive thank you to Xero for the recognition. We can't wait for Manchester in May! 🙌 #XeroAwards

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  • View organization page for Nook, graphic

    1,218 followers

    Nook is a finalist for Xero's Emerging App Partner of the Year award and we're ecstatic! 🎉 🎉🎉 A massive thank you, of course, to our customers and partners for supporting us, and a huge congratulations to our team who work tirelessly and always strive to deliver the best customer and user experience possible 💙. And a final, but massive thank you to Xero for the recognition. We can't wait for Manchester in May! 🙌 #XeroAwards

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  • View organization page for Nook, graphic

    1,218 followers

    Tired of complex accounts payable processes using multiple apps? 😴 Are your supplier payment runs taking days? 📆 Invoice fraud worries keeping you up at night?  👀 Join Nook CEO, Joe Lines, on Wednesday 7th of February (on his birthday!) at 11.30 AM for a walk through of The Perfect Accounts Payable Process. Perfection is possible.👌 Click the link to grab your seat. 👇 (And if nothing else, at least make Joe Lines feel popular on his special day 🙏 !)

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  • View organization page for Nook, graphic

    1,218 followers

    Thrilled to see one of our customers, YardLink, voted as 41st fastest growing technology company in the UK in 2023 Deloitte Technology Fast 50. Huge congratulations to Neeral Shah, Josh Elster and the rest of the YardLink team on this well-deserved achievement! "Engaged Suppliers"👇 👀! We think paying suppliers on time is a big part of this. Want to be like YardLink and delight your suppliers? Get in touch and let Nook transform your accounts payable process (and who knows, maybe you'll find your way to the Deloitte Fast 50 list too 😉)! Link to full article in the comments below. #fintech #accountspayable #payments

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