QuickFee says the update provides a simple solution for accountants and bookkeepers to accept payments online, including credit card, bank transfer, and payment plans in one place.
Combined with the new QuickFee application, Xero’s platform simplifies everyday business tasks.
QuickFee Australia managing director Bruce Coombes claims the integration would eliminate tedious data entry work and allow firms to reduce ageing receivables as customers could simply click a link within their invoice to pay it directly from their browser, phone or tablet.
“There are two challenges we hear from accounting firms: The need to get paid on time while remaining empathetic to a client’s cashflow circumstances, and the need to cut down on manual data entry tasks for busy staff members,†Coombes says.
Coombes notes that with the Xero integration, “QuickFee solves both these challenges and delivers an end-to-end payment experience, just as we have done over recent months for other clients such as GreatSoft.â€
QuickFee US CEO Eric Lookhoff points out there’s an urgent need for intelligent automated solutions that goes beyond the cost analysis.
“This integration presents an opportunity for firms to provide a more streamlined payment solution and connect with their clients throughout the invoicing process,†says Lookhoff.
According to QuickFee, the other benefits of the integration include real-time receipting of client payments, credit card processing without the firm wearing the cost of a merchant account, full PCI compliance managed by QuickFee, and field completion direct from the Xero invoice.
QuickFee claims its application is also easy to set up. Existing users can activate the new payment service from their QuickFee login and choose to start accepting a range of payment methods, including payment plans.