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XU Biweekly - Issue 91 - 19th October 2024

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FR EE !

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How to Sell Accounting Advisory Services

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Saturday 19th October 2024 | No. 91

XU Biweekly

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The independent user news source for accounting apps and their ecosystems

Airwallex recognised on Most Innovative Companies list following new launches in ANZ A IRWALLEX, THE AUSTRALIA-FOUNDED LEADING FINANCIAL PLATFORM FOR MODERN BUSINESSES, HAS RANKED IN THE TOP 10 MOST INNOVATIVE COMPANIES IN AUSTRALIA IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES CATEGORY OF THE AUSTRALIAN FINANCIAL REVIEW (AFR) AWARDS. Announced at a gala ceremony in Sydney last night,

Airwallex was commended for category-disrupting innovation, including the launch of Airwallex Yield. An Australian-first product, Airwallex Yield enables customers to earn an attractive return on multi-currency funds with no minimum lock-up period. Launched in November 2023 to wholesale customers, Airwallex Yield was expanded to all Australian businesses in July this year after becoming the first payments company to

be granted an Australian Financial Services Licence for retail investment products by the Australian Securities and Investment Commission (ASIC). Also this year, the company launched Airwallex for Startups, which has fast become Australia’s most comprehensive initiative for local startups seeking to accelerate their growth.

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Streamline Payments and Contracts with Pinch and Annature Integration

Penfold Unveils Innovative Xero Payroll Pension Integration A

Streamline your business operations with the new Pinch Payments and Annature integration, enabling seamless payment collections and e-signatures without subscription fees.

P

The modern workplace pension with fully automated pension contribution processing

ENFOLD, THE MODERN DIGITAL PENSION PROVIDER, IS THRILLED TO ANNOUNCE THE LAUNCH OF ITS NEW PULL INTEGRATION WITH XERO – AUTOMATING PENSION CONTRIBUTION PROCESSING ENTIRELY. It eliminates the need for manual uploads or button presses, enabling employers and accountants to set and forget their pension processing. Penfold’s the first pension scheme to offer this

kind of powerful integration to a mainstream payroll software. And soon to be the first pension in the Xero App Store!

tions are processed, users receive an email confirmation detailing the pension contributions for the pay period.

For businesses connected to both Xero and Penfold, their contributions are processed automatically every time payroll is run or re-run in Xero. There’s no need for users to log into Penfold to upload contribution files – they can just use Xero as usual and Penfold takes care of the rest. Once contribu-

This integration significantly reduces the administrative burden on accountants, payroll professionals and employers – allowing businesses to save valuable time and resources, and enabling them to focus on more strategic tasks.

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AccountsPrep: New add-on for clients with no ledger

T PINCH PAYMENTS, THEY'RE ALWAYS LOOKING FOR WAYS TO SIMPLIFY AND ENHANCE THE PAYMENT PROCESS FOR CUSTOMERS. That’s why we’re excited to announce a powerful new integration with Annature, the #1 rated e-signature and identity verification platform on the Xero App Store. Together, Pinch Payments and Annature are making it easier than ever for businesses to capture both customer payment methods and e-signatures in a single, seamless step.

With this integration, you can set up pre-approvals for future payments while ensuring that your contracts and agreements are signed and stored securely—all without any ongoing subscription fees. Both platforms operate on a pay-asyou-go basis, which means you only pay when your customers actually use the services.

ing two separate processes can result in administrative headaches, inefficiencies, and errors. By combining these tasks into one streamlined solution, businesses can improve their customer experience, reduce friction, and ultimately save time.

Why This Integration is a Game-Changer

A Seamless Experience for You and Your Customers: The Pinch and Annature integration allows you to capture your customer's e-signature and payment details.

Businesses, especially service-based ones, often struggle with managing both payment collection and contract signing. Manag-

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Saturday 19th October 2024

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Let’s break down exactly how this integration works and why it’s so valuable.

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XU Biweekly - Issue 91 - 19th October 2024 by XU Magazine - Issuu