GoCardless has announced that it has launched internationally with the help of Xero. GoCardless’ integration with Xero will allow small businesses in Australia to automate their payment collection and reconciliation via Direct Debit, improving cash flow and reducing administration for businesses around the world. GoCardless integrated with Xero 18 months ago in the UK and has been a catalyst for its launch in Australia following improvements in cash flow for Xero small businesses in the UK.
By using Xero’s GoCardless integration, small businesses can collect payments automatically as soon as they are due avoiding those uncomfortable conversations chasing up their overdue invoices. This in turn makes it much easier to accurately forecast cash flow as business owners know when their invoices will be paid.
The integration provides a seamless set up experience, connecting a user’s GoCardless and Xero account with no additional configuration required. Once the set up is complete and customers have signed up, payments are automatically collected and marked as paid within the Xero account.