Today, we’re excited to share that we’re launching a new bill payment experience in the UK. We’re the first major small business cloud accounting software in the UK to offer on-platform bill payments using open banking. This gives you a simple and secure way to manage, approve and pay bills, without leaving Xero. And if your employees or advisor are preparing bills for payment, they can easily hand them to you for final review and payment authentication, so you stay in control of your bank account. For our bills payments experience, we’ve partnered with Crezco, a payment institution that’s authorised by the Financial Conduct Authority to provide open banking payment services in the UK.

The new technology is underpinned by open banking, which is quickly becoming a best practice standard in the UK for securely sharing financial data between banks and third-party providers. Thanks to open banking, funds are available to your suppliers almost immediately. Best of all, there are no monthly subscription costs — once you’ve connected your bank account, you only pay when you select direct bank transfer as the payment method.

Unlocking the power of open banking: a simple and secure way to pay bills without leaving Xero

All pricing plans cover the accounting essentials, with room to grow.

Accounting software

Xero adapts to the needs of your industry with customisable reports and tools, including third party apps. You’ll also need to log in to your online banking to complete the set up. This is all done securely and with your consent, every step of the way. You can enjoy our bill payment experience free for 30 days if you sign up before 31 December 2023 (usually £0.20 per bill payment — price is in GBP and excludes VAT). You can send reports to ATO each payday without any hassle so you have more time for the rest of your business.

Data safety

Xero’s accounting software has flexible plans so you can adjust your subscriptions to access the features you need as your business grows. With Xero’s accounting software for transportation you can claim expenses, set up bank feeds, collaborate with your accountant or bookkeeper all online. Manage your finances, control cash flow and integrate with apps. Explore Xero accounting software and its tools for small businesses, brigade outsourced accounting for small businesses and non-profits accountants, and bookkeepers. This feature is one that we know you’ve been waiting for — it’s been in our top 10 Xero Product Ideas for a while.

1. You can handle your financial admin whenever it works for you and your transportation business.
2. Our new bill payments experience means you can now complete your entire accounts payable workflow in Xero, from start to finish.
3. This is all done securely and with your consent, every step of the way.
4. The Xero App Store has hundreds of apps to help you run your transportation business with Xero’s accounting software.
5. It’s free and easy to set up — all you need to do is connect your bank in Xero (don’t forget to check that your UK bank supports bulk payments via open banking).
6. MFA extra layer of security by checking that it’s really you when you log in.

Xero connects to third party apps like Stripe and Vend so you can build a system to your botkeeper raises $25 million in series b to continue helping cpa firms thrive business’s needs. The mobile app lets you whiz through admin while on the go. Access Xero features for 30 days, then decide which plan best suits your business.

The Xero App examples of key journal entries — accountingtools Store has hundreds of apps to help you run your transportation business with Xero’s accounting software. Work smarter, not harder with Xero’s intuitive accounting software. You can handle your financial admin whenever it works for you and your transportation business. Our new bill payments experience means you can now complete your entire accounts payable workflow in Xero, from start to finish. There’s no need to pay each bill separately, fund external wallets and accounts, enter credit card details, or export payment files.