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  • PAYfor business
    • Send Payments
      Business transactions made easy
      Defer payments
      Built for growing businesses
      Reconciliation
      Connect for zero friction
      Pricing
      Best prices for your company
  • CONNECTfor fintech
    • Connect for outbound
      Connect for seamless flow
      Insights
      Financial Reports
      Optimise
      Choosing best combination
      Rails
      Payments at scale
      Connect for inbound
      Connect for seamless flow
  • REMITfor personal
    • Send Money
      Money transfer in minutes
      Pay your bills
      Pay it within due date
      Airtime
      Get E-load on the go

  • PAYfor business
    • Send Payments
      Business transactions made easy
      Defer payments
      Built for growing businesses
      Reconciliation
      Connect for zero friction
      Pricing
      Best prices for your company
  • CONNECTfor fintech
    • Connect for outbound
      Connect for seamless flow
      Insights
      Financial Reports
      Optimise
      Choosing best combination
      Rails
      Payments at scale
      Connect for inbound
      Connect for seamless flow
  • REMITfor personal
    • Send Money
      Money transfer in minutes
      Pay your bills
      Pay it within due date
      Airtime
      Get E-load on the go

Sync receivable with leading accounting software

If you’re having trouble keeping your books in order, you’re not alone. If you’re like many of our customers, you utilise various systems for accounting and receivables, things become much more complicated. You can now sync Denarii Business Platform with QuickBooks, Zoho and Xero.

Problems with noncollectable receivables


With this functionality in mind, we looked at the three most common AR accounting pain points and found that synchronising may have the most significant effect.

Assist in tracing


Maintaining good financial health and a strong cash flow requires that you keep track of your receivables and know precisely how much cash you have on hand. Inconsistencies in your financial records might arise when you use several platforms to manage your funds, which brings us to our next problem.

Reduce the amount of time spent on pointless activities


For the sake of accuracy, you or your team may be required to do the time-consuming operation of manually entering the same data into several systems. Furthermore, mistakes might occur, resulting in further downtime as a result of the extra time needed to correct them. This loop may cause you to postpone important strategic activities, which can ultimately harm your organisation.

Consolidate accounting processes


In terms of AR tasks, reconciliation may be the most time-consuming one. Your accounts will be in balance and there will be no missed or doubled payments as a result of this procedure. An extensive amount of detective effort is typically involved when trying to link a post office check with no reference number to an overdue payment, as well as a bank transfer that is barely visible on your bank account.

The advantages of using 2-way synchronization


You no longer have to register receivables on more than one platform when your AR is synchronized between Denarii Business Platform and your accounting software. Denarii Business Platform imports all outstanding and new invoices, as well as client information, so you can conveniently submit payment requests and check their progress.

A cash flow strategy is much simpler to develop when all of your invoices can be seen on both platforms at the same time.

Payments made through Denarii Business Platform are linked to the invoices in your accounting software so that you don’t have to worry about reconciling. Human error and guesswork are eliminated, allowing you and your staff to spend more time on building your company instead of wasting time on mundane tasks.

Half Work – More Accuracy!

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