BP signs up as latest Xero partner
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BP has become the latest company to sign on to Xero Connect, an e-invoicing solution offered by small business platform Xero.
The new partnership was unveiled at Xerocon Brisbane last week, and will see Xero Connect integrate with the BP Fuelcard in New Zealand.
“BP integrating with Xero Connect enables small business customers to streamline bill payments, taking away the pain of daily admin to give small businesses back something they don’t have enough of - time,” explains Jared Baker, platform growth director, Xero.
“We also know that a key pain point for small businesses is the need for real-time financial transparency,” he says.
The new partnership means a small business’ monthly BP invoice will flow automatically into the Xero platform as a draft bill awaiting the business owner’s approval. When the invoice is paid, payment will appear in Xero and is matched to the bill for bank reconciliation.
Baker says Xero Connect has been set up to slash the administrative burden of invoicing and to help businesses avoid overdue payments.
Xero Connect automates the flow of external invoices into Xero, saving small businesses time, eliminating manual data entry, and increasing the accuracy of their invoicing and bill payments.
Michael Hart, general manager of business partnerships, BP Australia, adds, “We are extremely excited about the announcement of our partnership with Xero.
“As a result of this partnership our customers will soon be able to feed their BP Fuelcard invoices automatically into their Xero account,” he says.
“Ultimately, helping customers to save time on administration so they can instead focus on their business priorities. It’s another way BP is providing further value to its fuel card customers,” Hart explains.
Businesses using the BP Fuelcard can purchase fuel at more than 1,400 sites across Australia and 408 sites in New Zealand.
Haley Mahoney, general manager of B2B Sales and Reseller, BP New Zealand, said BP was delighted to be able to bring additional value to Fuelcard customers.