Xero connects with over 1,000 apps that assist small companies and their advisors succeed, with most out there within the Xero App Retailer. Every month we have a good time an app companion who stands out for serving to small companies thrive. Discover out extra about turning into a Xero app companion right here.
It’s October, and we’re stoked to share Xero’s app companion of the month is Sq. – a strong integration that connects Xero with the Sq. platform to assist small companies take and handle funds.
Constructed by trusted Xero app companion Amaka, and dealing intently with Sq. and Xero, the brand new integration replaces an older integration (learn extra about this right here), and makes monitoring and reconciling funds between Sq. and Xero easier than ever.
The previous Sq. + Xero integration is being retired on 30 November 2021. If this sounds prefer it impacts you, try these sources from Amaka about making the swap.
Partnering to assist small companies succeed
Based in 2009 by Jack Dorsey and Jim McKelvey, Sq. has grown to turn out to be one of many international leaders in small enterprise expertise, with a powerful give attention to serving to companies of all sizes receives a commission the way in which that they’d like – whether or not in-person, digitally, or on cellular.
“Sq. helps sellers of all sizes begin, run and develop their enterprise with a set of straightforward administration software program and {hardware} instruments,” says Shawn Jonhson, Sq.’s Head of Australian Partnerships. “By mechanically syncing Sq. with Xero, we may give our prospects extra time again of their day.”
With a earlier integration between Xero and Sq. needing a critical improve, it was clear a brand new strategy was wanted. Sq. enlisted the assistance of Xero app companion Amaka to create an improved and extra highly effective software. With earlier expertise constructing to the Xero platform, and a deep understanding of worldwide accounting requirements, the workforce at Amaka had been a stable alternative.
“At Amaka, we join enterprise programs to cloud accounting software program, serving to to minimise guide, time-consuming bookkeeping processes throughout all forms of industries,” explains Gian Ottavio, Strategic Partnerships Supervisor at Amaka. “It’s been an thrilling alternative to work so intently with Sq. and Xero to ship this integration.”
Holding knowledge up-to-date and correct
Funds are an important a part of a small enterprise’s money circulate, and with Sq. providing such a variety of various fee choices, maintaining a observe of transactions throughout every fee technique may be time consuming.
“Handbook financial institution reconciliation of funds can value enterprise house owners and accountants over 5 hours per week,” says Gian.
Sq. by Amaka works by syncing gross sales knowledge between Sq. and Xero every day, and matching transactions to the financial institution feed in Xero mechanically. Reconciliation is then a breeze, with no guide data-entry required.
“The gross sales synchronisation course of is fast-tracked for accountants, bookkeepers and enterprise house owners,” says Shawn.
A brand new fee module permits customers to supply Sq. as a fee choice for invoices that they problem from inside Xero.
“Because of this small companies can present a simple fee technique to their prospects, to allow them to have their invoices paid and settled in a extra well timed method,” provides Shawn.
Partnering to assist small companies
By partnering with Amaka, Sq. is in a position to make sure that their prospects are getting a top-notch product and the suitable assist.
“By our partnership with Amaka, our prospects have entry to devoted buyer assist and integration specialists, who might help them with setup, troubleshooting and optimisation,” says Shawn.
With the combination being out there throughout a number of international locations, understanding the wants of retailers in every area was essential.
“All through the event course of, we labored very intently with Sq. and Xero to make sure the combination was consistent with anticipated behaviours from retailers in several areas,” says Gian. “Assembly native necessities and buyer wants, whereas sustaining a constant and seamless expertise for purchasers across the globe, was crucial.”
Constructing and bettering
With a 5-star score on the Xero App Retailer, the brand new integration is proving to be a hit already.
“It’s been nice to see such constructive suggestions from our customers, particularly from those that have moved from the previous integration to the brand new one. They’re actually impressed,” says Gian.
Repeatedly bettering the combination is a high precedence for the Sq., Xero and Amaka groups.
“We’re all the time checking buyer suggestions by means of our assist channels and Sq.’s vendor group, and intently monitoring further function requests. The enterprise panorama and expertise is all the time altering, and we’re taking proactive steps to remain forward of the curve,” finishes Shawn.
Precisely observe and reconcile your funds by means of the brand new Sq. integration within the Xero App Retailer.
Please be aware that the Sq. by Amaka integration is at the moment solely out there to subscribers in Australia, Canada, Eire, UK and US.