Xero​ integrates​ with​ ABA​ Internet​ Banking​ for​ Business​

09/Sep/2021

Xero​ integrates​ with​ ABA IBB en

ABA​ Bank​ announces​ that​ Xero,​ a​ popular​ cloud-based​ accounting​ platform,​ is​ now​ integrated​ with​ the​ ABA​ Internet​ Banking​ for​ Business​ platform​ (IBB)​ as​ part​ of​ the​ Bank's​ continuous​ development​ of​ its​ digital​ banking​ channels.

Business​ owners​ can​ now​ link​ their​ Xero​ accounts​ to​ their​ ABA​ company​ accounts​ and​ carry​ out​ bookkeeping​ functions.​ Thanks​ to​ this​ integration,​ Xero​ solution​ users​ can​ access​ the​ following​ benefits:

  • Pull​ transactions​ from​ their​ ABA​ company​ account​ into​ Xero​ for​ the​ real-time​ reconciliation;
  • ​Save​ time​ and​ reduce​ errors​ by​ avoiding​ manual​ entry;
  • Classify​ credit​ or​ debit​ transactions​ automatically​ as​ income​ or​ expense;
  • Access​ up-to-date​ financial​ data​ as​ the​ connection​ between​ IBB​ and​ Xero​ synchronizes​ regularly.​

The​ integration​ helps​ IBB​ users​ to​ save​ time​ by​ simplifying​ tedious​ manual​ accounting​ works​ so​ that​ more​ time​ and​ effort​ can​ be​ dedicated​ to​ their​ business​ growth.

Zokhir​ Rasulov,​ Chief​ Digital​ Officer​ of​ ABA​ Bank​ commented,​ "We​ see​ the​ integration​ of​ our​ iBanking​ for​ Business​ with​ the​ leading​ accounting​ platform,​ Xero,​ as​ another​ one​ of​ our​ recent​ pivotal​ achievements​ in​ efforts​ to​ make​ banking​ with​ ABA​ easier​ for​ local​ small​ and​ medium​ enterprises​ and​ startups.​ The​ combined​ capabilities​ of​ the​ IBB​ and​ Xero​ platforms​ promise​ to​ bring​ our​ business​ clients​ improved​ experience​ in​ their​ financial​ operations​ and​ help​ pave​ the​ way​ for​ increased​ efficiency​ and​ growth."

"Thanks​ to​ this​ integration,​ businesses​ can​ see​ transactions​ from​ their​ ABA​ accounts​ in​ the​ Xero​ platform​ seamlessly​ and​ undertake​ their​ bookkeeping​ work​ more​ efficiently,"​ he​ added.

"We​ are​ excited​ to​ partner​ with​ ABA,​ one​ of​ Cambodia's​ leading​ digital​ banks,​ to​ help​ make​ life​ easier​ for​ SMEs​ in​ Cambodia​ and​ connect​ them​ to​ the​ solutions​ they​ need​ to​ grow​ and​ prosper.​ With​ our​ banking​ integration,​ we​ continue​ to​ deliver​ on​ our​ commitment​ to​ help​ small​ businesses​ run​ more​ seamlessly​ with​ oversight​ and​ transparency​ over​ their​ cash​ flow​ management,"​ said​ Kevin​ Fitzgerald,​ Xero​ Managing​ Director​ -​ Asia.

To​ learn​ more,​ visit​ Integration​ with​ Xero​ webpage​ on​ our​ website.

If​ you​ are​ not​ yet​ using​ ABA​ IBB​ for​ your​ business​ and​ want​ to​ learn​ more​ about​ this​ platform,​ get​ in​ touch​ with​ our​ IBB​ team​ at [email protected]remove-this.ababank.com or call our contact center at 023 925 333.