About this Session
Have you been wondering how you can scale your accounts payable processes with Xero, instead of having to migrate to an ERP system? We've got the webinar for you.
Part of our series, Building an Enterprise-Level System with Xero. You might think you're outgrowing Xero. But this series proves that if you know what’s available, Xero and its app ecosystem can prevent the need to install a complex and expensive ERP system.
Join us and our AP/bill processing partner, Nook, on Tuesday, 26 Sep 2023 10:00 - 10:30 BST for top tips on how to level up your AP/bill processing game and successfully scale your business with Xero.
What to expect:
- Exploring the pains AP/bill processing manifests for larger Xero users.
- Real-world experiences from a finance leader who has grappled with these issues themselves.
- Solutions from a Xero app ecosystem expert, Emily Deakin from Moore Growth Accountants.
- Plus actionable insights from the team at Nook.
We'll be diving into the world of efficient bill processing and bulk payments. Discover how to streamline these tasks, integrating seamlessly with your bank and ledger, and how to optimise your accounts payable process, reduce manual data entry, and ensure timely payments.
Q&A from the live webinar
Q1: Nook seems like a dream come true. I have to log into my bank online account to make payments manually. We have relationships at the bank level because of which we cant just move bank accounts. The bank has a terrible online system for making payments. Can Nook solve this problem? Can we initiate payments from Nook?
A1: Joe Lines: Nook allows you to initiate payments in multi-currencies.
Q2: Does Nook integrate with ApprovalMax directly or does it all have to go through Xero?
A2: Joe Lines: Nook does work alongside Apporval Max!
Q3: What kind of security is required over any sort of app that has Payment control like Nook? I am asking about security and protection necessary inside the app to stop hacks allowing a criminal to get access to my payment system. Also, what security is required from the users? What failsafe's are there to stop thieves? My question isn't Nook specific. I am concerned about online safety checks on any app I am considering letting inside my bank.
Q4: Emily, could you name the app you spoke about please?
Q4: Emily Deakin: I'm assuming you mean the payment solution that doesn't need to connect to your bank would be Telleroo.
Q5: Is Nook available for entities outside of the UK and are there any currency limitations?