How it works
The financial web: creating a more connected world for every small business
Together we can help drive efficiencies for small business
When small businesses have easier access to capital and financial services, it’s easier for them to run their business and grow. And if small businesses thrive, they create jobs and fuel the economy, so we all benefit.
Here’s how we can work with you to support small business.
1. Bank feeds
Bank transactions flow directly into Xero giving businesses an instant up-to-date view of their cash flow.
Businesses can offer online invoice payment options so they get paid faster. Paying bills and wages is streamlined.
Access to up to date reports from Xero makes the lending application and approval process faster and easier.
The Xero platform unlocks the financial web
The financial web and the opportunities it opens up are possible due the unique combination of cloud accounting and Xero’s single ledger, open API and global presence.
Anywhere, anytime access
Small businesses on Xero can run their business from anywhere and access the numbers anytime.
Small businesses can share up-to-date data in Xero so it’s easy to review, advise and collaborate.
Xero’s open API allows banks to develop new, scalable, financial services solutions.
Over 1 million subscribers in more than 180 countries use Xero. And more and more of them are trading globally.
Open Banking means even better bank feeds
The UK’s biggest banks have been told to make it easy for customers to share banking data. It means more direct bank feeds than ever – and that’s great for business.
Learn more about Open Banking >
Supporting the priorities of financial institutions
Xero’s intention is to enable (not compete with) financial institutions. For financial institutions, reciprocal data sharing and integration with Xero is a powerful way to capture transaction accounts, gain market share, and retain customers; while integrating lending services with Xero creates opportunities to cross-sell.