Overview
Pay your bills, directly from Xero
Xero direct bill payments (powered by Crezco) make it fast, secure and simple for UK businesses to pay all their bills in one go directly from Xero. See this Xero Central article on how to get started.
No file exports, no switching apps. Simply select the bills you want to pay, approve the batch, and authorise the payment in your banking app. Funds are transferred securely using Open Banking, helping you save time and maintain full control over your accounts payable process.
Key Benefits
- Bulk pay bills: Select and pay multiple bills with a single authorisation.
- Automate reconciliation: Transactions automatically match for easy reconciliation.
- Payment approval workflow: Use Xero’s approval workflow to delegate and authorise payments securely.
- Schedule payments: Set payments to be made on future dates.
- Real-time payment tracking: View payment statuses in Xero, without needing to log in to your bank.
International Payments
In the Crezco application, you can make payments in 30+ currencies and 100+ countries securely and efficiently track your payments.
No e-wallets, Virtual-IBANs, or foreign currency accounts are required, and transactions are securely processed from one bank account to another. In addition, Crezco provides you with competitive foreign exchange rates.
Invoice Payments
Get paid sooner by offering your customers a secure and convenient checkout solution via Crezco. Crezco automatically adds a payment link to your invoices, ensuring you are paid on time to the correct bank account. In addition, account-to-account payments automatically match in Xero, making reconciliation easy.
By using Crezco to collect payments, on average, you:
- Get paid seven days faster
- Save ten hours per month on reconciliation
- Save £350 per month in payment fees
Crezco + Xero
Crezco integrates deeply and securely with Xero to offer a seamless payment experience:
- Direct bank payments: Pay bills directly within Xero using Open Banking, removing the need for manual file exports or switching between systems.
- Automated reconciliation: Payment statuses and matching are handled automatically, ensuring your Xero records are always up to date.
- Invoice collection: Add secure Crezco payment links to Xero invoices, enabling customers to pay you instantly with account-to-account transfers.
- FX and international payments: Initiate payments in 30+ currencies from Crezco’s platform, with reconciliation into Xero.
Getting started
To set up Xero direct bill payments, navigate to the Bills to pay section in Xero and choose Set up direct bill payments. You’ll then be prompted to connect your bank and finish the setup before you can make payments in Xero.
To set up your Crezco account to receive payments, click the Get this app button at the top of this page and follow the steps to set up your account.
