Xero has collaborated with British direct debit provider GoCardless to ease payment collection options for small businesses in New Zealand.
Through the integration, businesses can automate payment collection and reconciliation through direct debit.
The aim is to boost cashflow and also, at the same time, lower administration time.
GoCardless founder and CEO Hiroki Takeuchi added: “We see a big opportunity to help Kiwi small businesses take back control of their cash flow and spend more time building their businesses, rather than worrying about reconciliation and late payments.
“We’re already helping thousands of Xero users in the UK and Australia to do just this, and are excited about the opportunity to grow into New Zealand.”
No extra configuration is required for connecting a user’s Xero and GoCardless account.
Xero managing director for New Zealand and Pacific Islands Craig Hudson said: “The integration with GoCardless is very exciting as it provides another string in the bow for Kiwi small businesses looking for ways to remove the pain associated with late payments and chasing invoices.
“Key benefits include the simple onboarding and set up along with auto reconciliation within Xero. This combined with a high level of service and support from the GoCardless team means it presents a positive opportunity for small businesses to flourish.”