Parakeet

    5 out of 5 stars
    Parakeet adds early payment discounting to invoices and automate 100% of your bills, including BPAY Batching. Enjoy the freedom of having your bills automatically paid & reconciled. Experience the joy of customers paying your invoices early, without chasing or borrowing.

    Overview

    Parakeet is a one-stop payments hub to automate the payment and reconciliation of both bills and invoices for businesses.

    Parakeet automates the payment and reconciliation of all bills to reduce bills workload by 76.9%, so businesses can get time back and grow without the cost & operational burden of running a business.

    Parakeet also integrates early payment discounting into invoices, so customers are encouraged and rewarded with real-time discounts for paying early to reduce the burden and relationship strain caused by chasing or borrowing to fund late invoice payments.

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    Parakeet + Xero

    The Parakeet integration provides:

    Automated Bill Payment:

    • Schedule, pay and reconcile all bills using cards or bank accounts
    • Export BPAY batches for upload
    • Request early payment discounts from vendors
    • Earn reward points on card payments
    • Auto reconciliation of discounts
    • 1 click-n-transfer bank reconciliation

    Turn static invoices into dynamic invoices with real-time early payment discounting:

    • Issue invoices with early payment discounts
    • Direct Debit included
    • BYO merchant facilities (e.g. Stripe or any local providers such as ANZ)
    • Choice of incremental or static discounts
    • Auto reconciliation of discounts given
    • 1 click-n-transfer bank reconciliation

    Reviews & ratings

    5.0 out of 5 stars
    14 Reviews
    5 star(100%)
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    1 star(0%)
    DM
    Desmond McLellan
    Posted
    5 out of 5 stars

    Seamless Solution

    Parakeet will allow full integration and seamless financial operational processes in our newly launched card linked platform. The goal was to minimise manual touch points to ensure system integrity and keep costs low. The set up and implementation process was easy and the team at Parakeet were eager to assist and facilitated a great outcome.
    DG
    Daniel Gu
    Posted
    5 out of 5 stars
    PK is good to use with very good support
    SW
    Stephen Woodlands
    Posted
    5 out of 5 stars

    Highly recommended

    Parakeet Payments has saved us lots of time by automating payment of our bills directly through Xero. This gives us the freedom of having our bills automatically paid & reconciled in seconds and means we have more time to help our clients.
    Additional info

    Shared data

    Xero
    Parakeet
    Bank Transactionsshared from Parakeet to Xero
    Bank Transfersshared from Parakeet to Xero
    Branding Themesshared from Xero to Parakeet and from Parakeet to Xero
    Contactsshared from Xero to Parakeet
    Invoicesshared from Xero to Parakeet
    Payment Servicesshared from Xero to Parakeet and from Parakeet to Xero
    Paymentsshared from Parakeet to Xero

    App details

    Added in 2021
    Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.