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Xero Bill Payments

By Xero
0 out of 5 stars
Pay bills directly from Xero. Bulk pay supplier bills by direct bank transfer (using open banking). Save time, avoid manual errors and maintain control over your accounts payable. View real-time payment status in Xero, and use accurate insights to help manage cash flow.
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Listed for
5 months
May 2024
Key functions
Bills and expenses
Payments

Xero Bill Payments can help your business

Overview

Xero makes it easy to manage, approve pay bills. Select the bills you want to pay using direct bank transfer, and authorise the batch payment directly from your banking app or online banking. Funds are transferred from your bank account by Crezco using open banking - it's all about making life easier and saving time on your accounts payable.

  • Pay multiple bills: Bulk pay bills in a single batch, and save time paying each bill separately or exporting a payment file. Consolidate the bills owed to a single supplier into one convenient batch payment in Xero.

  • Payment approval workflow: Allow employees or your advisor to help prepare bills for payment then handover to you for the final review and payment authentication, maintaining full control over your bank account.

  • Schedule payments: Schedule bills to be paid at a future date. Avoid potential bank charges for same day transactions, missing due dates and manage what comes out of your bank account and precisely when it does.

  • Multi-factor authentication (MFA): Authorise all payments from Xero using multi-factor authentication providing peace of mind that your financial data and money is protected. In addition, if Confirmation of Payee is enabled by your bank, your supplier's banking details will be verified before any funds leave your account.

  • Real-time payment status: View the status of your payments at any time without needing to log in to your bank account. You can also see an overview of all bill payments made using direct bank transfer giving you an accurate, digital record of which suppliers have been paid and when.

Bill payments is available on Xero UK-based Business Edition subscriptions. There are no monthly subscription fees, only pay when you select direct bank transfer as the payment method.

Note: We recommend checking with your financial institution to see if open banking is supported, and if there are any banking rules or restrictions on the type of account or payment limits that may apply.

Xero Bill Payments
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Xero Bill Payments + Xero

Xero has partnered with Crezco, a payment institution that is authorised by the Financial Conduct Authority (FCA) to provide open banking payment services in the UK. Crezco is responsible for providing all payment services when you pay bills by direct bank transfer from Xero.

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Additional info

Countries

United Kingdom

Languages

English

Support

Setup walkthroughContact supportapi@xero.com

Get started with Xero Bill Payments

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.