Simplify collection of payments: GoCardless

Simplify collection of payments: GoCardless

Want a better way to collect and manage recurring payments from customers?

GoCardless is a payment processing app that allows users to set up and manage recurring payments online. The app is designed to simplify the process of collecting payments, especially for small and medium-sized businesses.

If you have repeating invoices, then GoCardless is the system for you! Although there are a few ways to manage payments, a simple direct debit system can be set up where customers complete a mandate form for a direct debit authority. When invoices are raised for the customer GoCardless sets the payment to collect on the due date on the invoice. GoCardless then reconciles the payments in Xero.

Below we will look at the key features and advantages of GoCardless. 

Ease of use

One of the key advantages of the GoCardless app is its ease of use. The app is designed to be intuitive and user-friendly, with a simple interface that makes it easy to set up and manage recurring payments. Users can set up new payments in just a few clicks, and can easily manage their existing payments through the app.

Xero integration & automation

A key feature of the GoCardless app is its automation capabilities, especially because GoCardless integrates with Xero seamlessly and that it saves time. The integration sets to collect payments on the due date on the invoice in Xero and allows businesses to automatically reconcile their payments with their invoices, reducing the need for manual data entry. This means that businesses can spend less time on administrative tasks, debt collecting and monitoring debtors and more time on growing their business. 

The GoCardless app can be integrated with a wide range of other business tools, including accounting software, customer relationship management (CRM) software, and invoicing software.

Improved cashflow

Another benefit of integrating GoCardless with Xero is that it improves cashflow. With the integration, businesses can collect payments automatically, which means that they can get paid faster. This helps to improve cash flow, which is essential for businesses that need to pay their bills on time and invest in their growth.

Easy setup

Finally, integrating GoCardless with Xero is easy to set up. The integration can be done in just a few clicks, and once it is set up, businesses can start to enjoy the benefits immediately. This makes it a great choice for businesses that want to improve their payment and accounting processes quickly and easily.

Conclusion

In conclusion, integrating GoCardless with Xero is a great choice for businesses that want to improve their payment and accounting processes. With the benefits of time savings, improved cash flow, reduced errors, better visibility, and easy setup, the integration can help businesses to streamline their processes, save time, and grow their business. 

Get in touch if you’d like to know more or for help setting up GoCardless.

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