Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Xero and Warehouse Stationery join forces

Media Release
Wednesday 23 July 2014

Xero and Warehouse Stationery join forces to help small businesses save time

Xero’s vision to connect small business to big business is now a reality with Warehouse Stationery today announced as the next major New Zealand corporate to integrate with Xero.

The integration will go live in mid August, allowing Xero customers to have the ability to receive invoices from Warehouse Stationery directly into the Xero platform.

Small businesses will easily be able to pay their bills direct to their bank from Warehouse Stationery through Xero Banking 2.0 initiative which has already gone live with ASB, Kiwibank and TSB Bank.

Xero New Zealand Managing Director Victoria Crone said around a quarter of New Zealand small businesses are using Xero and there is great potential for large companies to interact with our more than 100,000 customers.

“Effectively we’re becoming an Electronic Data Interchange (EDI) platform for New Zealand,” she said.

“We know that cashflow is paramount for small businesses and this latest innovation reduces time consuming manual entry, enabling small businesses to get a faster view of their cashflow position.

“We’re always looking for ways to improve online functionality and make financial management easier for our small businesses.

“Warehouse Stationery is becoming a leader in digital business and we’re super excited to have this major New Zealand brand on board.

“There is so much potential for big businesses to work with small businesses to deliver dual benefits and this is another example of home grown kiwi innovation that once proven locally will be taken globally. Planning is under way for other corporates to join the Xero ecosystem."

Warehouse Stationery CEO Pejman Okhovat said they were delighted to be one of the first corporates on board to automate business transactions through Xero.

“The Warehouse Stationery team is passionate about innovation and continuing the service we offer our customers,” Mr Okhovat said.

“This innovative initiative with Xero will help our business account customers save time in how they manage their businesses. The move also provides a great incentive for our customers to transition to online billing and the realise the efficiencies it offers to both parties."

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news