Airwallex Integrates With Intuit QuickBooks to Provide Seamless Multicurrency Reporting
26 Junio 2024 - 8:00AM
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
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.
NOTES TO MEDIA
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
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Airwallex press@airwallex.com