Xero integrates with ABA Internet Banking for Business
09/Sep/2021
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 digitalsupport@ababank.com or call our contact center at 023 925 333.
