Xero connects with over 1,000 apps that assist small companies and their advisors succeed, with most accessible within the Xero App Retailer. Every month we have fun an app companion who stands out for serving to small companies thrive. Discover out extra about changing into a Xero app companion right here.
We’re excited to introduce June’s app companion of the month, EzzyBills – a wise, easy knowledge processing and approvals software for small companies and their advisors. EzzyBills helps enterprise operators save time by automating knowledge seize and streamlining expense approval processes, all of the whereas protecting the numbers up-to-date in Xero. Co-founder, Michael Fitzmaurice, provides us the lowdown on how EzzyBills got here to be, the way it connects with Xero, and what their prospects suppose.
Out with the previous, in with the brand new
EzzyBills was co-founded by Michael and Li Fitzmaurice in 2014 in Australia, after Michael had been creating instruments supporting older, legacy accounting software program to maintain stock and gross sales data up-to-date. By means of his expertise, Michael noticed an even bigger alternative to assist small companies with their payments and bills by way of the cloud.
“I realised that creating a bit of software program that might extract knowledge from payments would create immense worth for a bigger potential buyer base,” Michael says. “Ever since our first buyer bought a subscription in 2015, we’ve supported 1000’s of companies searching for a fast and easy strategy to import their provider invoices into Xero with line-item extraction.”
Extracting the info
EzzyBills works along with Xero to automate time-consuming duties resembling data-extraction from doc line-items, administration expense approvals, normal ledger coding, and e-invoicing.
“The most important good thing about EzzyBills for our customers is the period of time saved. Earlier than subscribing to an app like ours, most companies entered all their provider knowledge into their accounting software program manually,” Michael explains.
Importing paperwork to EzzyBills is completed by means of both e mail, drag and drop, or by way of their cellular app. Every doc is scanned by EzzyBills, and key data is extracted and exported to Xero. Throughout this course of, EzzyBills is ready to join the dots to different necessary data in Xero, like default provider codes and provider fee phrases, and routinely creates and populates a draft provider bill. All that’s wanted subsequent is approvals (which EzzyBills may also assist with) and fee.
“EzzyBills eliminates the necessity for guide knowledge entry in addition to the human error that goes with it. Many companies utilizing EzzyBills have additionally been ready to economize on workers prices as a result of a lot of their knowledge entry work has been automated,” Michael provides.
Hitting the best notes
Since that first buyer in 2015, EzzyBills has grown to function on a world scale, with 1000’s of consumers worldwide who use their product along with Xero on a regular basis to assist run their operations.
“Essentially the most rewarding a part of constructing the enterprise is participating with prospects who wish to speak in regards to the product,” Michael explains. “We get energised when prospects really feel a part of our journey, and are prepared and capable of share their suggestions to assist us enhance EzzyBills.”
With a stable 4.9 stars on the Xero App Retailer, suggestions has been very optimistic, with opinions referring to how easy EzzyBills is to make use of and the way a lot time it’s saving for enterprise operators.
One reviewer says: “This has actually modified the way in which we do enterprise. All our invoices at the moment are saved in Xero, it actually couldn’t be simpler. Greatest character recognition software program I’ve ever used. Add by way of e mail, browser, iPhone app, or drag and drop into Google Drive. Nice buyer assist. And nice. Pricing. Full recreation changer [sic].”
Seeking to the horizon
The workforce at EzzyBills have created one thing that their prospects love, however there’s nonetheless extra they suppose they’ll do. One factor they’ve discovered over time is how necessary training is to assist small companies perceive the worth of what merchandise like EzzyBills can carry to their operations.
“We have to educate them what expertise can do for them and the way a lot money and time they’ll save from automating processes which can be presently carried out manually,” Michael explains.
Within the meantime although, the workforce are enthusiastic about new enhancements and merchandise, like their new software supporting e-invoicing – a brand new approach of sending invoices instantly between purchaser’s and provider’s accounting software program.
“We wish EzzyBills to be often called an accounts payable workflow engine that goes nicely past simply knowledge extraction, in order that purchasers will be capable to use EzzyBills throughout a wider vary of enterprise actions and be capable to automate extra of these enterprise processes,” Michael finishes.
Simplify your knowledge processing and approvals processes with EzzyBills by way of the Xero App Retailer.