If you are a treasurer or a banker you probably work with BAI 2 files. Unless you have well established business relationships with the banks where you have your accounts, chances are, that you are downloading your BAI files by logging in to your bank’s website and grabbing a copy on a daily basis.
How do you analyze these files?
Unless you are a super hero or serious treasury professional who remembers the specification and every single BAI code off the top of your head, you probably struggle with these files as you try to make sense out of them.
The BAI to Excel is a free service from the labs of Treasury Sciences. Put simply; if you are into banking, it is our humble attempt at making a small dent in your universe. All we are trying to do with this service is to try and make your struggle to understand BAI files a little easier. We do this by converting boring BAI files to easily readable and understandable; Excel file.
You can sign up for this service for free and you can login using your newly created account. From that point on the service is simple; Stupid simple.
All you do is --- you download the BAI files from your banks website, you upload them one at a time and for every BAI file that you upload, the system gives you a crisp, well formatted, easy to understand, human readable excel file back.
The parser behind this free service that converts your BAI files to Excel is the same parser that powers our flag ship product CMO and processes thousands of transactions from seven top US banks on any given day.
If you are a treasurer who is looking for an intelligent, web driven treasury workstation you might want to try out CMO.
On the other hand, If you are someone who just wants to parse BAI files and analyze them on a file by file basis you should take a look at the free BAI to excel service and consider using it.
You can try out the service here.
We would like to hear from you. If there are any comments you have after trying out the service feel free to send them to me at rajiv@treasurysciences.com or leave us a comment on this blog.
If you like the service and you know others who might want to use it, spread the word.
If you don’t like it we would really like to hear from you on areas where we can improve.
Send us your suggestion.
Just in case you do not have a BAI file handy but you still want to try out the service, you can get a sample BAI file here.
If you would like you see a sample copy of the output generated using the service before you signup you can get a sample Excel file here.
More treasury goodness, fun tools, useful utilities and useful features to be announced soon.
Stay tuned.