Xero (now over a million customers) and Capital One, have joined forces to automate small business accounting.
Creating on demand financial data through secure banking integration.
With a direct, secure integration through Capital One’s new application programming interface (API), small businesses will be able to connect their Capital One financial data with their Xero cloud-accounting solution through a fully digital process.
Together with their trusted advisors, small business owners can better manage daily bank reconciliation activities and understand cash flow in real time. Business owners can make smarter decisions, fuelled by a feed of accurate and comprehensive financial data without the hassle and costly mistakes caused by out-of-date cash flow information.
This is the media release:
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