article thumbnail

Xero Partners With Square For Faster B2B Payments

PYMNTS

Cloud accounting firm Xero and payments services company Square are collaborating to offer small businesses a tool for faster invoicing and payments, according to reports on Tuesday (Feb. This integration is intended to make it easier for SMBs to track sales and simplify reconciliation.

B2B 83
article thumbnail

EY Joins Forces With GTKonnect For Global Trade Services Expansion

PYMNTS

The teams of EY will tap into the software technology of GTKonnect, which covers a number of areas with the inclusion of free trade agreements, import/export compliance, country of origin, master data management, foreign trade zones and tariff classification as well as reconciliation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

FinTech Targets The Cash Flow Needs Of CPAs

PYMNTS

We saw that a vast majority of payment solutions available to CPA and accounting firms today were broadly created for general use by businesses across virtually all industries,” Hall told PYMNTS in a recent interview. These solutions create a disjointed, and sometimes ‘bloated’ experience for accounting professionals.”.

article thumbnail

ACH Shows Signs Of B2B Payments Dominance

PYMNTS

“Payments are rapidly evolving for accounting firms, as digital payments are now more often used than paper checks,” said Bill.com Senior Vice President of Engineering Vinay Pai in a statement. Yet, when paying their clients’ bills, less than 1 percent said they use cryptocurrency.

B2B 63
article thumbnail

In B2B, Embedded Payments Make For Attractive Acquisitions

PYMNTS

The benefits of automating this process include reduced overhead, a streamlined payment reconciliation process and a shortened payment cycle for the payee.

B2B 56
article thumbnail

Aussie Accountants Brace For Industry Disruption

PYMNTS

Further, industry trends have led the traditional accountant model to become “obsolete,” reports said, meaning accountants have to embrace the more strategic role of advisor. “By However, in order for accountants to remain relevant in an intensely competitive market, a new paradigm and mindset is needed.”.

article thumbnail

Xero, GoCardless Enable Recurring Payment Collection For US SMBs

PYMNTS

Small business cloud accounting firm Xero is strengthening its partnership with U.K.-based The firms announced their expanded collaboration via press release Tuesday (Oct. Those authorized collections are then integrated into the Xero platform for streamlined accounting and reconciliation. joint customers.