Xero: Partners With Transferwise To Help SMBs With Cash Flow
- New Zealand cloud accounting startup Xero, is collaborating with British payments startup Transferwise
- The new tools intended to help small- to medium-sized businesses (SMBs) manage revenue
- Xero stepped up the launch of three pilot tools so businesses could get a clear picture of their financial situation
- Business Snapshot helps SMBs compare numbers during different time periods in one streamlined report
- In addition, SMBs can pay and reconcile multiple bills on the Xero platform with Pay through Transferwise
- It anticipated that restarting and reinventing the U.S. economy will involve accounts payable (AP) automation
