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GLOSSARY

Integration and finance data glossary.

71 terms in plain language, from accrual accounting to webhooks, each with an example and how it shows up in integrations.

A

  • Accounts payable (AP)

    Accounts payable is the money a business owes its suppliers for goods and services received but not yet paid for.

  • Accounts receivable (AR)

    Accounts receivable is the money customers owe a business for goods or services already delivered and invoiced.

  • Accrual accounting

    Accrual accounting records revenue when it is earned and expenses when they are incurred, regardless of when cash changes hands.

  • Agentic commerce

    Agentic commerce is buying, selling and back-office work carried out by AI agents acting on behalf of people or businesses, within set limits.

  • AP automation

    AP automation is software that captures, approves, pays and records supplier bills with less manual work in the payables process.

  • API passthrough

    API passthrough lets you call a platform's native endpoint through an integration provider, reusing its authentication, rate limiting and logging.

  • API rate limit

    An API rate limit caps how many requests a client can make in a time window; requests beyond the cap are rejected or delayed.

  • Audit trail

    An audit trail is a chronological record of who did what, when and to which record, kept so changes can be reviewed and explained.

B

  • Balance sheet

    A balance sheet reports what a company owns, owes and the owners' equity at a specific date, where assets equal liabilities plus equity.

  • Bank feed

    A bank feed is a stream of account transactions sent into accounting software so bookkeepers can reconcile them against the ledger.

  • Bank reconciliation

    Bank reconciliation matches the cash transactions in a company's ledger to its bank statement and explains every difference.

  • Bill pay

    Bill pay is the process or software for paying supplier bills, by ACH, card, wire or check, and recording each payment against the bill.

C

  • Change data capture (CDC)

    Change data capture detects inserts, updates and deletes in a source system and emits them as a stream of change events.

  • Chart of accounts

    A chart of accounts is the list of every account a company uses to record transactions, grouped into assets, liabilities, equity, income and expenses.

  • Connector

    A connector is the code that implements an integration with one platform: its authentication, endpoints, data mapping and error handling.

  • Credit note

    A credit note is a document a seller issues to reduce what a customer owes, for returns, pricing errors or goodwill.

  • Cursor pagination

    Cursor pagination uses an opaque token that points to a position in a result set, so each request returns the records after that point.

D

  • Data mapping

    Data mapping defines how fields in one system correspond to fields in another, including any transformations between them.

  • Data model

    A data model defines the objects a system works with, their fields and types, and the relationships between them.

  • Data residency

    Data residency is the requirement or choice to store and process data in a specific country or region.

E

  • Embedded iPaaS

    Embedded iPaaS is integration infrastructure a software vendor builds into its own product so its customers can connect their other tools.

  • Embedded lending

    Embedded lending is credit offered inside a non-bank product, such as a software platform or marketplace, at the moment a customer needs it.

  • ERP (enterprise resource planning)

    An ERP is a business system that runs finance alongside operations such as purchasing, inventory, orders and manufacturing on one database.

  • ERP consolidation

    ERP consolidation combines financial data from several ERPs or entities into one view for group reporting, without necessarily replacing any system.

  • ETL (extract, transform, load)

    ETL is the process of extracting data from source systems, transforming it into a target shape and loading it into a destination such as a data warehouse.

  • Event-driven integration

    Event-driven integration connects systems by reacting to events, such as an order placed or an invoice paid, instead of polling on a schedule.

G

  • General ledger

    The general ledger is a company's complete record of financial transactions, organized by account, from which financial statements are produced.

  • GTIN

    A GTIN, or Global Trade Item Number, is a globally unique product identifier from GS1, encoded in barcodes such as UPC and EAN.

I

  • Idempotency key

    An idempotency key is a unique value sent with a write request so that retrying the request never performs the action twice.

  • Incremental sync

    Incremental sync transfers only records that changed since the last sync, instead of copying the full dataset every time.

  • Integration platform

    An integration platform provides the shared parts of integrations, such as auth, connectors, sync and monitoring, so teams do not rebuild them.

  • Intercompany transaction

    An intercompany transaction is a sale, loan, charge or transfer between two entities that belong to the same corporate group.

  • Inventory level

    An inventory level is the quantity of a SKU at a location, usually split into on hand, committed to orders and available to sell.

  • Invoice

    An invoice is a seller's request for payment that lists goods or services delivered, amounts, taxes and payment terms.

  • iPaaS (integration platform as a service)

    iPaaS is cloud software for building, running and monitoring integrations and automated workflows between applications.

  • Item master

    An item master is the ERP's authoritative record for each item a business buys, makes, stocks or sells, with its codes, units, costs and accounts.

J

  • Journal entry

    A journal entry records a financial transaction as balanced debits and credits to accounts in the general ledger.

M

  • Marketplace settlement

    A marketplace settlement is the periodic statement and payout a marketplace sends a seller, netting sales against fees, refunds, reserves and adjustments.

  • MCP (Model Context Protocol)

    MCP, the Model Context Protocol, is an open standard for exposing tools and data to AI models through a consistent client-server interface.

  • Multi-entity accounting

    Multi-entity accounting keeps separate books for several legal entities in one system, with shared structures and consolidated reporting.

N

  • Normalized data

    Normalized data has been converted from many source formats into one consistent structure, field naming and set of value conventions.

O

  • OAuth 2.0

    OAuth 2.0 is an authorization standard that lets a user grant an application limited access to their account on another service without sharing a password.

  • Open banking

    Open banking lets customers share their bank account data with, or initiate payments through, third-party providers via secure APIs, with consent.

  • Order management system (OMS)

    An order management system collects orders from every sales channel and manages them through allocation, fulfillment, returns and refunds.

P

  • Pagination

    Pagination splits a large API result into pages that the client fetches one request at a time.

  • Pass-through API

    A pass-through API forwards each request to the source platform in real time and returns the result without storing the data.

  • Payout

    A payout is a transfer of funds from a payment processor or marketplace to a merchant's bank account, net of fees, refunds and reserves.

  • PIM (product information management)

    A PIM is a system that stores and enriches product data, such as titles, attributes, images and translations, then publishes it to sales channels.

  • Profit and loss statement

    A profit and loss statement shows revenue, costs and expenses over a period, ending in net profit or loss.

  • Purchase order

    A purchase order is a buyer's document authorizing a purchase from a supplier at stated quantities, prices and terms.

R

  • Reconciliation

    Reconciliation is the process of comparing two sets of records, such as the ledger and a bank statement, and resolving any differences.

  • Reverse ETL

    Reverse ETL copies modeled data from a data warehouse back into operational tools such as CRMs, ad platforms and support systems.

S

  • Sales tax nexus

    Sales tax nexus is a connection to a US state strong enough that a business must register, collect and remit that state's sales tax.

  • Sandbox

    A sandbox is an isolated test environment with sample data, where you can build and test an integration without touching real customer accounts.

  • SKU

    A SKU, or stock keeping unit, is a code a business assigns to each distinct item it sells or stocks, down to size and color.

  • SOC 2

    SOC 2 is an AICPA attestation framework in which an independent auditor reports on a service provider's controls for security and related criteria.

  • SP-API (Amazon Selling Partner API)

    SP-API is Amazon's REST API for sellers and vendors to access orders, listings, inventory, reports, finances and fulfillment data programmatically.

  • Subsidiary

    A subsidiary is a company controlled by a parent company; in an ERP, it is the entity record that keeps that company's books separate.

  • Supplier enablement

    Supplier enablement is the work of identifying a business's suppliers and moving them onto a new payment method, such as virtual cards or ACH.

  • Sync-and-store

    Sync-and-store is an integration model that copies data from source platforms on a schedule and serves reads from that stored copy.

T

  • Three-way match

    Three-way match checks a supplier invoice against the purchase order and the goods receipt before the invoice is approved for payment.

  • Token refresh

    Token refresh exchanges a long-lived refresh token for a new short-lived access token, so an integration keeps working without the user signing in again.

  • Trial balance

    A trial balance lists every general ledger account with its debit or credit balance at a date, where total debits must equal total credits.

U

  • Underwriting data

    Underwriting data is the financial and operating information a lender uses to decide whether to extend credit, how much and on what terms.

  • Unified API

    A unified API is one interface and data model over many similar platforms, so you integrate once instead of once per platform.

V

  • Variant (product)

    A product variant is one specific version of a product, defined by options such as size, color or material, usually with its own SKU, price and stock.

  • Vendor bill

    A vendor bill is a supplier's request for payment, recorded in accounts payable as money the business owes.

  • Virtual card

    A virtual card is a card number issued digitally, often for one supplier or one payment, with its own limit and expiry.

W

  • Webhook

    A webhook is an HTTP request a system sends to your endpoint when something changes, so you learn about events without polling.

  • White-label authentication

    White-label authentication is a connection flow shown under your brand, so customers authorize third-party systems without seeing the vendor behind it.

  • Write-back

    Write-back is when an integration creates, updates or deletes records in the source system, not only reads from it.

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