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Parakeet automates the payment and reconciliation of BPAY & EFT bills, including BPAY batching and adds early payment discounts to Xero invoices. Save time and effort by automating your BPAY and EFT bill payments. Enjoy the relief of customers paying your invoices early without chasing.

Overview

Parakeet centralises and automates the payment and reconciliation of all your bills and invoices, straight out of Xero. For bill payments, you can either auto-pay your BPAY & EFT bills or receive a BPAY batch file ready for processing. For invoices, you can now add real-time early payment discounting along with direct debit & BYO merchant card facility options into your Xero invoices. 14 days free trial. Personalised on-boarding and support included.

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Parakeet + Xero

The Parakeet integration provides:

Automated Bill Payment:

  • Schedule, pay and reconcile BPAY & EFT 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
21 Reviews
5 star(95%)
4 star(5%)
3 star(0%)
2 star(0%)
1 star(0%)
SW
steve wall
Posted
5 out of 5 stars

Payments made easy - A must have for Xero customers

I am new Xero customer. Parakeet is an essential part of my accounting solution. BPAY transactions account for 50% of my suppliers and hence it was essential they could be processed along with the standard EFT payments. Parakeet not only gave me BPAY automation but provided the ability for me to process multi bank account payments within the same database. Implementation was simple, backed up with prompt and experienced support.
MC
Maddie Cunningham
Posted
5 out of 5 stars

Massive Timesaver

We have finally found a solution for automating Accounts Payable and freeing up considerable time within our business. Charles and the team at Parakeet have been so responsive to our requests and feedback, even implementing changes to the software in order to suit the needs of our business. Highly recommend!
KP
Kristy Pattison
Posted
4 out of 5 stars

Parakeet has freed up so much of my time!

We had been looking for an automated bill payment program for so long, Parakeet ticked a lot of the boxes and wherever they didn't meet a specific need they were eager to find a solution. Correspondence is always quick and helpful, and they are always willing to take on any feedback we have. Highly recommend Parakeet to anyone looking to free up thier time!

Additional info

Shared data

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