Chargebee, a business-to-business SaaS company that automates online recurring billing and invoicing, now integrates with Xero.
The integration with Xero offers synchronization of invoices, payments, credits, taxes and accurate allocation of liabilities to the cloud-based accounting software, while also maintaining the ledger update from the accounts receivables perspective.
Chargebee services the subscription management lifecycle for Software-as-a-Service and e-commerce businesses from seed to IPO stage, and works with payment gateways such as Stripe and Braintree. Chargebee currently handles merchants’ accounts receivables with invoicing and global taxation.
“We are very excited about being recognized by Xero as a valuable partner among its highly credible marketplace,” said Prasanth Kothari, product manager for Chargebee, in a statement. “With all the global tax overhaul happening around the world, including EU VAT and recent New Zealand goods and services tax rules, it is about time accounts receivables got a major overhaul. We believe that Chargebee and Xero together will make a compelling solution that offers world-class support, using which accountants in recurring revenue businesses can benefit from hassle-free and automated bookkeeping.”
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