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Xero to buy payments platform Melio for $2.5B

Accounting Today

EDT 3 Min Read Facebook Twitter LinkedIn Email Cloud accounting platform Xero announced it will acquire payments solution provider Melio. The purchase, strategically, will allow Xero to have a native bill pay solution all its own, versus relying on third party integrations (Melio has been integrated with Xero since 2023.

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Control your business cash flow using bank payments within Xero

Xero

Many of the bills generated in invoicing or accounting software like Xero are recurring. Use Xero to automate sending invoices, and GoCardless will automatically collect payment for them when the bill is due. Collecting payments doesn’t need to be painful. Three reasons to use bank payments.

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Tech news: Karbon Practice Management evolves into Practice Intelligence

Accounting Today

An API is a type of software bridge that allows two computer systems to directly communicate with each other using a predefined set of definitions and protocols. Any software integration depends on API access to function. with a Stripe account to accept in-person contactless payments with their iPhone and the Xero Accounting app.

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Three simple ways to transform money management

Xero

Using pull payments During our recent session at Xerocon London, we emphasised that changing the way payments are collected can put businesses, rather than their customers, in control of their cash flow. Find out more about how you can make the most of GoCardless and Xero. Check out GoCardless on the Xero App Store.

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The truth about bank feeds: Busting the top three myths

Xero

Bank feeds truly unlock the power of Xero for a small business. At Xero, we’ve been embracing open banking concepts for over 10 years, but the launch of UK Open Banking in 2018 accelerated the coverage and quality of direct bank feeds. But in reality, Xero bank feeds are protected by multiple levels of security.

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Three top tech tips for US landlords in a challenging real estate market

Xero

Secondly, to employ modern rent collection tools to make it as easy as possible for your tenants to make payments. The tools you employ should allow you to quickly run key reports such as a profit and loss or rent ledger report to easily identify discrepancies between expected and collected rent. Inflation and interest rates.

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10 Best Multi-Currency Accounting Software

Invoicera

billion in 2031 at a CAGR of 25.40% , the demand for multi-currency accounting software is rising. In this blog, well explore the 10 best multi currency accounting software options that simplify global financial processes, providing businesses with the tools needed to stay ahead in a competitive market.