CloudBanking Platform provides seamless integration between ConnectWise Manage and Xero Accounting Software. It allows you to sync all your accounting data, including invoices, expenses, procurements, and payments from Connectwise manage to Xero account with the click of a button. In just a few clicks, CloudBanking lets its users enjoy a simplified and automated payment reconciliation process. It guarantees to complete all the succeeding steps—from payment handling and coordination with Xero to payment reconciliation.
CloudBanking is a pioneer provider of payment processing. It provides a single and streamlined cash flow management solution that can manage all payments. It is designed to get customers paid on time, helping them save administration costs for chasing payments and long hours of reconciling payments in their accounting system. CloudBanking wants to enable local and global businesses to grow in the world economy, innovate payment experience, and remove any roadblocks for merchants receiving payments.
Benefits and Features
- Sync accounting information from ConnectWise to Xero seamlessly, including invoices, payments, expenses, and procurements.
- CloudBanking provides an all-in-one system with ConnectWise to Xero integration and payment collection built-in. Don’t pay for two separate systems.
- You can use CloudBanking as a gateway only and use one of our 150+ payment processor integrations.
- Enable failover protection to automatically route traffic to a backup payment processor even if the primary processor cuts you off.
- Accept credit cards or Bank direct debits and give your customers the convenience to use payment options they prefer.
- Avoid Vendor Lock and handle complex recurring payment and billing scenarios.
i. All in one Payment Processor
Make your business payment ready- anytime and anywhere with our Virtual Terminal and Recurring Payment. Accept any card payment or direct debit (ACH payment) and give your customers the convenience to use the payment options. Whether your customers swipe, dip or tap, accept payment easily with a POS or mobile terminal and send receipts to your customers’ inbox.
ii. Integration with Accounting Software
Reduce the time spent on syncing data manually from connects to Xero. Automate payments and minimize processing time by seamless syncing between ConnectWIse and Xero
iii. One system multiple built-in
With CloudBanking, every invoices, expenses, procurements and payment is identified and synced in one processor. Users do not have access to an alternative processor for each activity and can easily sync all accounting data with one click.
iv. Accept any payment via any device.
Accept any payment, credit/ debit card, or direct bank and give your customers the convenience to use the payment options. Whether your customers swipe, dip or tap, make your business payment ready- anytime and anywhere.
v. Secure Vendor migration
Enable your customers to route traffic to any payment providers. With CloudBanking, obtain access to 150+payment providers and ensure ongoing compliance as regulations change.
vi. Avoid technical resource drain.
Seamlessly route your business payments via the CloudBanking routing tool and avoid any time of resource drain of building and maintaining in-house.
vii. Real-time data reporting
Keep track of each transaction, customer interaction and reconciliation report for optimizing payment process and get access to real-time data. CloudBanking gives you unlimited access to detailed transaction information and data monitoring for adequate cash flow.