GoCardless with Xero

Improve cash flow with GoCardless

Cash flow problems are a common concern for businesses. Spiraling debtor days and awkward “please pay us” conversations limit your potential to plan for the future, or worse, put you out of business.

As a business we are always looking at ways to improve and when we received the email from Xero about their price increases we wondered how we could better manage the process of collecting the subscriptions without you having to change automatic payments, or updating your internet banking.

We’ve been looking into GOCARDLESS https://gocardless.com/en-nz/ and we like what we see. We think our business clients might like it for their business too!

Collect payments automatically whenever they are due, reduce your debtor days, and get confidence in your cash flow so you can plan the future of your business.

Get set up in minutes and collect payments by Direct Debit. It’s perfect for regular or ad hoc payments, and for fixed or variable amounts.

If you are already using Xero … When you receive a payment from your customer, Xero marks the invoice as paid and reconciles the payment automatically. Xero will record the GoCardless fee as an expense. GoCardless transfers the payout to your account automatically.

So we are keen! We’ll be contacting you once we have it sorted our end for your ONLA regular payments; and once we do it we’ll be able to help or advise you if you think it’s right for your business too.