▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | GreenCity | Italian Channel Awards | Italian Project Awards | ...

Airwallex Integrates With Intuit QuickBooks to Provide Seamless Multicurrency Reporting

Airwallex, a leading global payments and financial platform for modern businesses, today announced an integration with QuickBooks, the leading financial technology software platform among businesses o...

Business Wire
  • Airwallex customers can now readily import their transaction data into QuickBooks Online, slashing the need for manual inputs and helping customers better manage their finances

SAN FRANCISCO: Airwallex, a leading global payments and financial platform for modern businesses, today announced an integration with QuickBooks, the leading financial technology software platform among businesses of all sizes. With the QuickBooks Bank Feed integration, Airwallex customers can connect with the popular accounting software and seamlessly sync their Airwallex transactions across supported currencies into their QuickBooks Online account – eliminating tedious data entry and speeding up the reconciliation process.

“As businesses scale globally, everything gets more complex – including accounting. Airwallex’s Bank Feed integration with QuickBooks means our customers can skip time-consuming, error-prone manual data entry for a faster, more holistic and more accurate view of their books across markets and currencies,” said Ravi Adusumilli, Executive General Manager, Americas, Airwallex. “Ultimately, QuickBooks’ accessibility coupled with our global financial infrastructure and software will enable stronger financial decision-making throughout the reporting process.”

“The global opportunity for small and growing businesses is huge, and business owners need the right accounting and payment tools to capitalize on it,” said Imran Haider, Director of Product Management, Intuit Data Exchange. “We’re excited to work with players like Airwallex to simplify the accounting function for global businesses. By integrating Airwallex and leveraging QuickBooks' Multicurrency feature, we’re powering global money management and reconciliation for our shared customers.”

With this integration, Airwallex customers can eliminate repetitive manual inputs and better manage their time and cash flow. More specifically, Airwallex and QuickBooks customers are now able to:

  • Sync card, foreign exchange (FX), payment, and transfer transactions across Airwallex’s currency balances using the QuickBooks Multicurrency feature.
  • Leverage the OAuth connection service for enhanced security when authorizing automated transaction syncing between QuickBooks and Airwallex.
  • Avoid unnecessary data entry tasks – and potential errors – to more efficiently manage day-to-day financial tasks.

ADAPTOVATE, a global management consulting company headquartered in Sydney, has been an Airwallex customer for four years and a beta customer for the QuickBooks Bank Feed integration.

“As an Australian-founded business with offices across Europe, Southeast Asia, and North America, we need a global and always-on platform to support our financial operations,” said Douglas Ross, Co-Founder, Senior Partner and Managing Director at ADAPTOVATE. “Airwallex’s cross-border payments and card capabilities have been critical to our ability to operate across currencies and manage money responsibly. The unique multicurrency bank feed integration with QuickBooks streamlines our reconciliation and money movement processes even further, helping us get back to what we do best: unlocking value for our global clientele.

“We just wouldn’t be as successful without Airwallex. It helps us move faster and actually deliver. We can’t move money at the speed we can on Airwallex any other way. We now have everything centralized in an all-in-one interface and it really sets us up for growth.”

This integration complements the existing QuickBooks integration for Airwallex’s Bill Pay and Expense Management products, which help businesses manage and track their company and employee spend. In addition to QuickBooks, Airwallex integrates with several leading accounting software platforms including Xero, Netsuite and Sage.

Learn more about the Bank Feeds integration here and Expenses and Bills integration here.


For further information

If you have any questions or would like to request further information, please contact press@airwallex.com.

About Airwallex

Airwallex is a leading global financial platform for modern businesses, offering trusted solutions to manage everything from payments, treasury, and spend management to embedded finance. With our proprietary infrastructure, Airwallex takes the friction out of global payments and financial operations, empowering businesses of all sizes to unlock new opportunities and grow beyond borders. Proudly founded in Melbourne, Airwallex supports over 100,000 businesses globally and is trusted by brands such as Brex, Rippling, Navan, Qantas, SHEIN and many more. For more information, visit http://www.airwallex.com

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

Sparkle works on environmentally sustainable content distribution

The Italian company partners with MainStreaming for high-performance, energy-efficient video streaming

Fintech: Links tests the use of exponential technologies in the banking…

Links Management and Technology just concluded the testing phase of a research project focused on banking transformation

Axyon AI: Italian Artificial Intelligence for Finance applications

Axyon AI offers an AI platform specifically designed for asset management, with several interesting strengths for those approaching machine/deep learning…

Italian Artificial Intelligence tackles medical emergencies at sea

Mermaid-AI is a telehealth platform at sea based on a visor equipped with an AR, medical Artificial Intelligence algorithms, satellite communications…

Most read

GlassHive Announces Integration with ConnectWise to Elevate the ConnectWise…

#businessautomation--GlassHive, a trailblazer in sales and marketing automation, has announced an integration with ConnectWise, a leading provider of…

SaaS Platforms Give North American Insurers Speed, Agility

$III #AI--Insurance companies in North America are upgrading systems and adopting advanced technologies to overcome the limitations of decades-old IT…

Nordic Firms Put Emphasis on Infrastructure, Sustainability

$III #AI--Bucking the trend toward a “cloud first” approach, enterprises in the Nordics have adopted a hybrid cloud strategy that prioritizes practicality…

Faraday Future to Host an Investor Community Day at its HQ in Los Angeles…

Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!