Quadient Integrates with Xero to Automate and Streamline Accounting for Small and Medium Enterprises
19 Dezember 2023 - 7:04PM
Business Wire
- Xero’s customers can take advantage of Quadient’s
intelligent Accounts Payable automation capabilities for further
efficiencies
Quadient (Euronext Paris: QDT), a leader in helping
businesses create meaningful customer connections through digital
and physical channels, and Xero, a cloud-based accounting software
for small to medium-sized enterprises, have today announced a
strategic partnership in North America and the United Kingdom. Xero
integrates with Quadient’s Accounts Payable (AP) capabilities to
fully automate and streamline accounting processes.
Xero helps 3.95 million subscribers worldwide to run their
business accounting online and in one place. When combined with
Quadient’s AP automation solution, users benefit from seamless
synchronization of all AP processes. From receiving invoices and
purchase orders to inputting payment data, Quadient AP eliminates
the need for manual data import or export, reducing the risk of
human error, accelerating cash flow, and giving businesses a
clearer understanding of their AP status.
Combined with Xero’s proven expertise, Quadient AP—recently
named a Leader in Quadrant Knowledge Solutions' report SPARK
Matrix™ for Accounts Payable Automation—enables customers to track
and manage their finances more accurately. Data can be
automatically collected and inputted into Xero using Quadient’s
optical character recognition capability, which uses AI to
eliminate 83% of data entry. This efficiency helps to reduce the
average cost of processing an invoice from €15 to €2.
Prudence Musubi, Senior Accountant for ArcFyre International, a
joint customer of Quadient and Xero, commented: “One thing that I
love about the system is that it effectively eliminates duplicate
payments, flagging such invoices for investigation. And I like the
fact that once you code everything on the system, it's a quick
process. We can easily pull any report and verify if the content
system has captured accurately the data in the invoices. We then
know that the system is working perfectly. The onboarding of
Quadient AP with Xero was smooth, and we are already seeing
positive results from the streamlined process.”
“We are excited to welcome Xero to our growing partner program,”
said Chris Hartigan, Chief Solution Officer, Intelligent
Communication Automation at Quadient. “Quadient's strategy is to
establish partnerships with the world’s major enterprise resource
planning and accounting platforms to bring industry-leading
technology solutions to our mutual customers. By partnering with
Xero, we are expanding access of Quadient AP to more accounting
teams so they can focus on deeper, more strategic decisioning
rather than manual invoice and payment processing.”
Quadient’s API integrations enable data accuracy, consistency,
security, and regulatory compliance, ensuring transparency and
trustworthiness.
About Quadient®
Quadient is the driving force behind the world’s most meaningful
customer experiences. By focusing on three key solution areas,
Intelligent Communication Automation, Parcel Locker Solutions and
Mail-Related Solutions, Quadient helps simplify the connection
between people and what matters. Quadient supports hundreds of
thousands of customers worldwide in their quest to create relevant,
personalized connections and achieve customer experience
excellence. Quadient is listed in compartment B of Euronext Paris
(QDT) and is part of the CAC® Mid & Small and EnterNext® Tech
40 indices.
For more information about Quadient, visit www.quadient.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231219113776/en/
Quadient UK press contact: Dominic Walsh, Spark Communications
+44 (0)20 7436 0420 or quadient@sparkcomms.co.uk
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