Bill.com and Xero announce direct sync for small businesses

Source: Bill.com

Bill.com, a leading business payments network, and Xero, global leader in cloud accounting software for small businesses, today announced the availability of their Direct Sync integration for small and medium-sized businesses. Business owners can now seamlessly sync their Xero and Bill.com accounts to integrate bill pay with online accounting—providing small business owners with a real-time snapshot of their financials.

“Small businesses using Xero can now enjoy a more seamless and fluid way to manage their payments,” said René Lacerte, founder and CEO of Bill.com. “Our partnership with Xero enables businesses to manage their accounting and payment processes with ease and efficiency.”

Bill.com and Xero Direct Sync eliminates the need for double data entry and enables paperless accounts payable, accounts receivable and bill payment workflows. The solution can be up and running in less than an hour, saving business owners time and money. Additional benefits include:

  • Automatically transfer and manage unpaid bills from Xero into Bill.com.
  • Automatically sync a range of data with Xero including accounts, vendors, customers, vendor credits and more.
  • Reconcile payments made through Bill.com using Xero bank reconciliation features.
  • Direct access to world-class customer service and payment support.

“Our partnership with Bill.com will offer a simple solution for managing payments and tracking cash flow - both crucial to the health of small businesses,” said James Maiocco, GM Business and Corporate Development, Xero. “Xero and Bill.com Direct Sync will make life easier for our customers by reducing the time spent on tedious back-office processes instead enabling them to focus on growing their businesses.”

To complement the joint integration, Xero is announcing a new program benefiting Xero Partners, providing accountants with a no-subscription account for their firm, along with a special price on the Bill.com Accountant Program - $30/month (regularly $49/month). This program provides access to client accounts with just a click, free training with CPE credits, certification and discounts.

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