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Features: Flexible intake and approval workflows, Seamless integration with other business systems and with generalledgers, Creation of rules that reflect the company’s specific policies Record keeping of every dollar spent Easy retrieval of documentation for auditing or booking purposes. Sources: [link] [link] 5.
If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. They're a modern payment-processing company. billion in 2019.
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