Quadient optimizes accounting processing with Xero in North America and the United Kingdom

(Boursier.com) — Quadient and Xero, a cloud-based accounting solution for small and medium-sized businesses, have just announced a strategic partnership in North America and the United Kingdom. Xero is now integrated with Quadient’s cloud-based Accounts Payable (AP) solution to automate and streamline accounting processes.

Xero already helps 3.95 million subscribers worldwide manage their accounting online and from a single interface. With this new integration, the Quadient AP solution helps seamlessly synchronize all business accounting processes, from receiving invoices and purchase orders to capturing payment data. Quadient AP eliminates the need to manually import or export data, reducing the risk of human error, and accelerates cash flow by giving businesses better visibility into the status of their accounts payable. Combined with Xero’s expertise, the Quadient AP cloud solution enables customers to track and manage their finances more accurately. Data can be automatically collected and entered into Xero using Quadient’s optical character recognition capability, which uses AI to eliminate 83% of data entry. This efficiency helps reduce the average cost of processing invoices.