Streamlining Payments and Accounting with SOTpay and Xero Integration
A well-established business steps forward to digitally transform their business to take more payment in more channels. They have a steady stream of customers who prefer to pay via bank transfer, which can be a timeconsuming process to reconcile with their Xero accounting system. The company was looking for a solution that would streamline the payment process and integrate with their existing accounting software.
The primary challenge for the business was the timeconsuming process of reconciling bank transfers with their Xero accounting system. They were also experiencing delays in receiving payments from customers who were slow to complete the bank transfer process. This delayed cash flow created challenges in managing their business finances and made it difficult to make informed decisions.
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