Banking - Pay Bill electronically from within Xero
Ability to automatically pay supplier bills from within Xero, withouth having to login to online banking.
Purpose: To make it easier to pay bills, rather than having to jump between two different platforms.
Charmaine Goddard commented
I would really appreciate a function that allowed me to pay reconcile to statement and pay a bunch of invoices in one go - from within Xero... but I cannot even get my bank feeds to work...
I have read a lot of interesting comments on this thread. Many are voicing a similar concern to mine... Xero seem bent on adding "trivial" features which detract from the value rather than necessary ones which would add to it. They never fail to increase their prices each year though. Sad Xero. Listen to your clients!!!
Kellie Galati commented
I am finding so many useful features change to useless ways of doing things... bit over it to be honest.
Allen Bronton commented
This seems to be the path of Xero now, remove useful efficiency, add virtually useless and trivial features while ignoring years of calls for extending the number of digits from 4 to 6 in invoices, etc.
Oh, did I forget that while they make the software less useful, they increase the cost? I guess not.
Samantha Blunt commented
Removing this feature is a real step backwards, as this a value add feature. Xero, you should be investing in this feature with all banks or true straight through processing, not removing this feature which makes life easier for your customers! This is not a good move!
Andrew J commented
Xero literally just announced that they are removing this feature for NZ ASB customers.
We use this for almost every bill payment.
It loads every payment into the bank for us, and then we just have to do into the bank to make a bulk approval.
The announcement says they are instead prioritizing features that add value for customers, which hardly explains why they are removing value!
Apparently Xero has new requirements that the banks can't comply with currently. Here's an idea... Use the existing method!
It's like building a very smart car that considers some intersections to be unsafe, so refuses to drive through them.
Instead we now have to download a CSV and upload to the bank (1972 tech).
Or pay each bill manually.
So I guess don't hold much hope Xero will 'add' this feature when they are actively removing it from jurisdictions that have it.
Michelle Potter commented
Payedge has stopped working for us with xero so we would like to have something in place asap
Fran Fellows commented
Crezo can process bulk payments in the UK and this auto reconciles the transactions within Xero!
A Klein commented
can this feature be added urgently.
Simon McIntyre commented
Xero used to offer this in Australia for Nab customers. It was great! For some reason, they decided to remove this time saving functionality.
If Xero is going to remain relevant, they need to focus on adding meaningful innovation and value to users rather than reducing functionality and increasing prices. Come on Xero, give us some innovation that we actually need rather than changing the style of reports etc
Luke Abbott commented
With the strides forward that are being made in open banking, this kind of function should be more than possible now, though understandably it does require the co-operation of the banking tech teams to allow this to happen fully.
Kelly Nour commented
Again, this feature should be standard in a modern accounting software package. You should at least be able to do a payment run in Xero and generate an ABA file to upload to your banking platform
Kellie Galati commented
This would be awesome and also for payroll rather than going between payroll and bank
Daniel Harper commented
I'm experimenting with make.com I use revolut to bank.
Currently you can only create draft payments using make.com but it's better than nothing.
Allen Bronton commented
Bluevine is already doing this with QBO. I suggested to Bluevine that they consider integrating with Xero. Their response was that they would like to integrate whereever practicable.
Michael James commented
Crezco is a great solution in Uk for faster payments
Rosie Leong commented
Eliminate another layer of login - Time saver and not requiring any 3rd party apps
Pam van Muijen commented
Relay Financial Bank is a wonderful option for those that qualify.
Dusty Accounts commented
We do this all the time by making a batch payment of just one transaction. Works well with Kiwibank at least.
Win Smith commented
I understand the complexities/barriers with electronic bill payments, however, if in partnership with Stripe you could facilitate a way to initiate ACH from within Xero you would negate the need for 3rd party apps like bill.com that dramatically undermine the experience of using Xero in the first place. I chose Xero over Quickbooks because of the seamless integrations and web-native structure. Phantom transactions that arise, sync errors that cannot be resolved, countless times bill.com has created an error in my accounting ultimately reflects on my xero user experience. Please do something to alleviate the difficulty of 3rd party bill payment apps.
Colm Walsh commented
With so many new FinTechs like AirWallex, Wise, OFX, the neobanks etc I'm just surprised none of them are doing it - would be a massive differentiator for them, and make much stickier for customers.