Parakeet is the only app that handles both your invoices & bills from Xero as well as handle the collection & reconciliation of early payment discounting for both your bills & invoices.
On top of that, Parakeet automates & reconcile your bills payments out of Xero, including BPAY & non-BPAY bill payments.
For invoices, you can:
Automate the reduction of invoice amount in exchange for earlier payment from your customers.
Customise the Discount (Returns) on an incremental and static basis
Automate the collection of invoices using your own merchant facility and Parakeet’s direct debit facility.
Have paid invoices reconciled back to your existing accounting software.
For outstanding bills, you can:
Offer early payment discounts via our Discount service.
Automate bills payment, including BPAY & EFT / non-BPAY bills
Centralise your business spending in one place with Mastercard, Visa, Amex and any Australian denominated bank accounts.
Automate your payment based on rules that fits your business.
Control your budget with limit tracking and breach notification.