CreDec works seamlessly with all bank account providers and updates bank feeds in real time, so you can see what’s been paid and instantly reconcile your bank payments. Funds are always held by existing bank providers or are paid on to payees.
Final authorisation is confirmed by existing bank personal security credentials holders before any money leaves the bank account.
CreDec uses Xero roles and permissions so only the people you choose can instruct payments: accountants and bookkeepers can securely collaborate with business owners to manage all bank payments in Xero.
CreDec enables businesses to streamline and manage all their accounts payable bank payments activity automatically from Xero - in any workflow or configuration.
CreDec + Xero
CreDec links your Xero organisation to a CreDec virtual account, enabling you to make payments from within Xero. The CreDec bank feed and automated bank transfer features mean you can quickly reconcile transactions with one-click and view exactly what's been paid in real time.
Connecting your Xero organisation and creating a CreDec virtual account is automated by CreDec and takes seconds. Once connected, users with Xero invoice permissions can start paying invoices straight away. Both BACS and Faster Payments are supported, and multiple CreDec virtual accounts for all the bank accounts you want to make payments from in Xero are included.
- Works with Xero batch, single and on account payments
- Same day or future dated payments
- Schedule regular automatic pay runs for bank signatory sign-off
- Automated reminders and prompts for all users
- CreDec Customer support
CreDec in Xero joins up payments and accounting, in real time.
Sign up with CreDec here