Imagine an accounting program that interacted with your internet banking on such a level, it even processed your bill payments for you?
This is Xero’s Next Generation Banking and it’s Beautiful. Take a peek
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It’s all about convenience and simplifying processes. Making things easier and faster to do. Your transactional data can already be fed directly into Xero by way of the Bank Feeds feature – there is no reason why data cannot flow the OTHER way and not just for bill payments, but for other services as well?
As one member responded, wouldn’t it be great if your bank could predict when you might need a small overdraft put in place to manage a tight spot and overdue creditors?
We’ll be keeping a close on the development of this project and implementation in Australia, shouldn’t be long!!!