Integrate Xero with Arthur Online

As of late, the accounting software industry has seen a major shift from being just a few large players to being dominated by a wide range of software and apps that are available on the internet. Xero is one of these software application providers. It is a cloud based accounting spution and an online payment processing service with global reach. Arthur Online is an accounting software application that helps small businesses to become more efficient and effective through simplified bookkeeping. Its easy-to-use interface allows users to focus on growing their business instead of on tracking their finances.

When Xero announced that it was partnering with Arthur Online in October 2015, the news was warmly welcomed by both accounting and SME professionals. Their cplaboration would help small businesses to take care of their day-to-day bookkeeping needs as well as their tax obligations. In addition, integration between the two platforms would make it possible for users to view financial transactions from anywhere and on any device. This article will discuss the benefits of integrating Xero and Arthur Online as well as the integration process.

Integration of Xero and Arthur Online

When Xero and Arthur Online announced their partnership, they also declared that they would be working together towards making it easier for their users to access financial records of their businesses’ customers in real time. In order to achieve this goal, both companies partnered with CheckFree PayStream (CFS. to connect the two platforms. CFS is a leading provider of electronic bill presentment and payment services in the United States. To connect Xero and Arthur Online, CFS uses General Interbank File Exchange (GIFEE. which is a secure messaging system that enables banks and financial institutions to send each other information about payments. With GIFEE, CFS is able to use real time payment data that it receives from over 2,500 financial institutions to connect Xero and Arthur Online.

After connecting Xero and Arthur Online, CFS sends data from financial institutions to both Xero and Arthur Online. This means that users can view payment information from all these financial institutions directly on the platform. Users can then reconcile transactions instantly and export reports directly into Excel or PDF formats for further analysis.

Benefits of Integration of Xero and Arthur Online

A significant benefit of integrating Xero and Arthur Online is that users will be able to view their customers’ financial transactions in real time. They will be able to get a complete picture of their customers’ finances without having to juggle multiple accounts or applications. Another benefit is that users will be able to easily reconcile transactions. Users will no longer have to wait for customers to submit statements or invoices because they will be able to view payment information directly on the platform. This feature will save users a lot of time and effort that they would otherwise spend reconciling transactions manually. Finally, when users integrate Xero and Arthur Online, they will be able to manage their customer list efficiently. They will be able to create customer profiles for each of their clients in order to view transactions pertaining to one specific customer.

Xero helps its users manage their accounting processes while providing them with advanced analytics tops that help them make better decisions about the future of their businesses. On the other hand, Arthur Online simplifies the book keeping process by allowing users to download financial data into Excel spreadsheets for further analysis or review. By partnering with each other, Xero and Arthur Online have made it possible for small businesses to take advantage of a comprehensive set of integrated sputions that effectively combine accounting, payments, billing, and reporting tasks in a single platform.

The process to integrate Xero and Arthur Online may seem complicated and intimidating. This is why Appy Pie Connect has come up with a simple, affordable, and quick spution to help you automate your workflows. Click on the button below to begin.