YouBiz, the corporate card and finance management platform by Singapore’s neobank YouTrip, has partnered with cloud-based accounting software provider Xero.
The partnership aims to equip local businesses and startups with more capabilities to manage their corporate expenses efficiently through the integration of Xero’s accounting software.
Businesses will have a better overview of their spending and effectively digitalises the management of company finances through automated finance workflows.
YouBiz users will also be able to unlock automated sync on all multi-currency accounts with Xero, reducing manual reconciliation of expenses and erroneous accounting entries.
On top of that, YouBiz users who are new to Xero will get 50% off on any of the latter’s accounting plan for 6 months.
“We are excited to work with Xero to offer SMEs more resources for automation of financial processes, an area of business that many companies are laser-focused on this year.
With growing inflation and rising prices, finance automation platforms with enhanced accounting capabilities will allow SMEs to cut down on operational costs significantly and redirect valuable funds and resources towards their global expansion plans,”
said Caecilia Chu, Co-Founder and CEO of YouTrip.