Here are some of the benefits of using Parakeet to collect invoice payments:
Minimal change to your operation (e.g.continue to use your invoicing App). As long as your invoices are centralised into Xero, Parakeet can create the payment request.
You have the ability to offer returns in exchange for early payment at a cost and parameters that are acceptable to you.
You can use your existing merchant and bank accounts which means less paperwork and change in your processes.
You can also manage Payables. So it’s the one place to manage both your receivables and payables.
Simple reconciliation - All your payments (both receivables and payables) are automatically posted back to your source platform, making bank statement reconciliation simple.