What's New - February 2026

The team at Prosaic hit the ground running in 2026. February brings some big platform upgrades, including official Open Banking connections, new Developer API integration options, and the first release of Report Packs. We’ve also shipped a solid set of improvements to fixed assets and a handful of quality-of-life updates across files, users, and reporting.

Here’s what’s new this month 👇

🏦 Official Open Banking

We’ve rolled out official Open Banking connections with supported banks (ANZ, BNZ, ASB, Westpac), offering you more reliable and secure bank feeds for clients.

  • Endorsed, supported and regulated by banking industry and government (read more)
  • For new users, official Open Banking Connections are on by default
  • Seamless migration to official Open Banking connections for existing users
  • Authorise bank access from your mobile or internet banking without sharing login or password
  • Smoother connection and re-authorisation flow for clients

Watch the video guide here

🔌 Developer API & MCP Server

Prosaic is now much easier to integrate into other applications, customise workflows, or connect to AI assistants like ChatGPT and Claude for full automation

  • Our Developer API is live with full coverage of most key workflows including bank reconciliation
  • OAuth-based authentication for secure access
  • New MCP Server for advanced automation by connecting AI/agent-style applications
  • Better API docs and tooling for building integrations with practice management, reporting, or workflow tools

Watch the video below, or visit our guide on connecting Prosaic to ChatGPT or Claude


📊 Report Packs — v1

You can now create and share Report Packs for clients by combining common reports (P&L, Balance Sheet, Depreciation) with custom text pages for fields like notes and policies

  • Build report packs from existing reports and free text pages
  • Common formats provides for sole trader and company
  • Export packs to PDF or Excel, or email directly to clients
  • Automatically save published packs to the Files list
  • Clone a previously published report, eg
    • To produce a new year end pack from a previous year
    • To reuse the same content across different client entities
  • Great for year-end packs, board packs, and client reporting

🧾 Fixed Assets — Ongoing Improvements

We’ve shipped a number of improvements to fixed assets this month:

  • Bulk CSV import to create draft assets
  • Full disposal workflow
  • Support for diminishing value depreciation
  • Immediate expense claim / Investment Boost support on activation
  • New Depreciation Schedule report
  • Public API support for fixed assets and asset types

These changes make it much easier to onboard assets, manage their lifecycle, and report on depreciation accurately.


✨ Small Enhancements

A few quality-of-life improvements that make everyday workflows smoother:

  • Delete and restore bank statements including entire imported statements
  • Edit users and clients, usernames, and add trading name for clients
  • Preview files directly in Prosaic without downloading
  • Share GST reports by email to streamline client review


🔮 Coming Soon

We’re already working on the next phase of improvements:

More granular user permissions

  • Let clients reconcile their own transactions
  • Restrict advisor access to specific client entities

Report Packs — Phase Two

  • Edit, save and clone templates
  • More flexible layouts and sections
  • Additional report blocks and customisation
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