CLAYMONT, DE — Forwardly has announced a new integration with FreshBooks, further enhancing its suite of accounting software capabilities. Building on existing integrations with QuickBooks Online and Xero, this new feature offers FreshBooks’ U.S. clients faster payment options like instant payments and same-day ACH, along with automatic reconciliation.
FreshBooks, a major player in the accounting software market, boasts over 30 million users worldwide, with 58% of them in the United States. This move opens up access to 17.4 million FreshBooks users, significantly expanding Forwardly’s reach.
FreshBooks users can now benefit from instant payments, streamlined vendor bill payments, and a seamless 4-way sync feature. This integration will automatically sync financial data, including customer and vendor information, between Forwardly and FreshBooks, reducing manual data entry and minimizing financial errors.
“My bookkeeping firm has exclusively served FreshBooks clients for over two years now. I have seen the platform go through so many changes and improvements in that time. I am very excited to see Forwardly build its integration with FreshBooks so that businesses have options to build out their tech stack,” said Kate Josephine Johnson, Founder of Heritage Business Services. “The option for free and instant payments will be a huge benefit for FreshBooks users who want alternative payment solutions.”
With this integration, FreshBooks users can request instant payments for outstanding invoices. Clients receive secure payment links, allowing for convenient and secure transactions. Payments are processed in less than 60 seconds, and Forwardly automatically reconciles payment records in the FreshBooks software, providing real-time visibility into financial transactions.
“We are thrilled to announce the launch of our integration with FreshBooks, further solidifying our commitment to providing U.S. small businesses with cutting-edge payment solutions,” said Nick Chandi, CEO and Co-Founder of Forwardly. “FreshBooks is a fantastic accounting tool for small businesses, and this integration will help their users streamline payment processes and improve overall cash flow management.”
The benefits of Forwardly’s FreshBooks integration for small businesses include:
- Instant Payments: Receive payments instantly for quicker access to funds and improved cash flow management. Affordable at 1% per transaction, capped at $10.
- Free Same-Day ACH: Utilize free same-day ACH transfers for a cost-effective way to move funds quickly, without the need for pre-funding wallets or opening new bank accounts.
- Automatic Reconciliation: Reduce manual errors and gain real-time visibility into financial transactions with automatic reconciliation.
- Seamless 4-Way Sync: Improve cash flow management and financial transparency with comprehensive 4-way syncing of data.
- Rolling Cash Flow Forecasts: Gain insights into future cash flow projections for better financial planning.
- Request Payments for Outstanding Invoices: Easily request payments, providing convenience and security for both businesses and clients.
This integration aims to provide small businesses with a more efficient, less cumbersome way to manage finances and process payments, marking a significant step forward for Forwardly and FreshBooks users alike.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.