Merchanter ERP and Xero financials: A perfect match
A lot of our customers use leading accounting packages, like Xero, to handle their financials.
Of course they do – it makes sense. That’s why we design our software so that it can link up with those accounting packages, so you get the best of both worlds: the expertise of an independent, proven financial package, with the added benefits of a merchant trading system that links up every bit of your business.
A dynamic duo
Merchanter handles the intricacies of your merchant business, from stock management to order processing, while Xero takes care of your financial records.
By integrating these two powerful tools, you gain:
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Efficiency, via streamlined workflows and reduced manual data entry.
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Accuracy, thanks to real-time financial data at your fingertips.
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Insights, allowing better informed decision-making based on comprehensive data.
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Flexibility, with the freedom to choose the best solutions for your business.
Why integrate Merchanter with Xero?
Don’t be limited by a monolithic all-in-one business system. Merchanter and Xero together provide the best of both worlds: a specialised trading and stock control tool that integrates seamlessly with your existing accounts package.
You’re busy. You don’t have time to be faffing about double-inputting information. That’s why we’ve built Merchanter to talk to systems like Xero, and to make sure the information’s available to you however, whenever and wherever you want it.
Affordable and accessible
Software like Xero is inexpensive, and is regularly updated to the latest legal requirements. Your accountant can even access it, meaning less work for you.
Faster, cleaner finances
When your Xero financials are fed by detailed, accurate and timely order and stock information from Merchanter, their housekeeping workload is reduced, getting you the financial information you need faster.
Less learning, more leading
You already know Xero. Integrating Merchanter means you can focus on running your business, not figuring out complex new software. Plus, your accounts team won't need extensive training on a new financial system, saving you time and money.
Quick decisions, bigger profits
Having all the right information at your fingertips without complicated, potentially vulnerable work-arounds gives you the power, the insight and the information to get things done quickly, and get them done right. No missed opportunities. Better profitability. A thriving business.
Could I use Xero to run my whole business?
Accounting software, while essential, is just one piece of the puzzle. While it handles your finances brilliantly, it's often very limited when it comes to the sales, purchasing, product and stock management for a merchant business.
Think of it this way - your financials is a navigator. It helps you understand where you've been and where you're going financially, but it doesn't steer the ship.
Your ERP system, like Merchanter, is the captain of the ship, making real-time decisions, navigating obstacles, and ensuring you reach your destination safely and efficiently.
Essentially, your accounting software focuses on the past, while an ERP system helps you build the future.
How does it work?
Merchanter and Xero are connected through a live, automated link that effortlessly shares customer, sales invoice, purchase invoice, and payment data.
Order Processing
When you create a new order in Merchanter, all order details, including customer information, products, quantities, and prices, are captured in one place.
Customer Management
Add new customers or update existing customer details within Merchanter. This information is automatically synced to Xero, meaning your customer database is always up-to-date.
Invoice Generation
Once an order is complete, Merchanter generates a detailed invoice. This invoice, with all relevant information, is then exported directly to Xero.
Live Credit Control
As customer payments are received and reconciled in Xero, the updated account balance and aged debt is fed back into Merchanter. This allows you to manage credit effectively and make informed decisions about future sales.