FastBank and LAKE Help UK SMBs Automate Finance with SAP

By
Fastbank
July 21, 2025
5 min read
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PRESS RELEASE

Irvine, CA and Leeds, UK – June 30, 2025 – FastBank, a leading provider of financial automation solutions, is proud to announce a strategic partnership with LAKE, a UK-based specialist in ERP and performance management solutions. This collaboration will help mid-market organizations accelerate financial automation by integrating FastBank's intelligent reconciliation and payments tools with LAKE’s expert implementation of SAP Business One.

“Partnering with FastBank allows us to expand our value proposition for clients seeking to digitize and streamline their finance operations,” said Ed Bentley at LAKE. “FastBank’s SAP-integrated platform offers a seamless way to reduce manual work and improve control—something our clients are increasingly demanding.”

FastBank delivers advanced automation capabilities, including AP/AR automation, NACHA file processing, and real-time bank reconciliation—all within a user-friendly platform built to integrate directly with SAP Business One. Organizations using FastBank report 20–40% reductions in manual finance work, faster month-end closings, and increased payment accuracy.

“LAKE’s track record of helping UK organizations modernize ERP workflows makes them an ideal partner for FastBank. Together, we’re empowering finance teams to save time, reduce errors, and improve audit-readiness,” said Sudeep Patel, CEO at FastBank.

About LAKE

LAKE is the UK's fastest growing SAP Business One partner. LAKE solutions combine sector expertise in manufacturing, food & drink, and wholesale distribution with SAP Business One - the market-leading ERP software for small and mid-sized companies. Learn more at www.lake.co.uk  

About FastBank

FastBank is a modern SaaS platform that automates bank reconciliation, invoice processing, and secure payment operations. With native integration to ERP systems like SAP Business One, FastBank simplifies how finance teams manage transactions. By eliminating manual entry and reducing errors, FastBank helps businesses improve accuracy, reduce costs, and close the books faster.

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