Business Moneybase Integrates With Xero To Automate Business Accounting Workflows

Calamatta Cuschieri Moneybase has launched a new integration with the cloud accounting platform Xero, giving businesses a way to synchronise their account statements automatically and cut down on manual accounting work. The move allows companies using Moneybase Business to link their accounts directly to Xero, removing the need to upload statements by hand and helping to keep financial records accurate and up to date.

According to the company, the integration is designed to make account reconciliations simpler while keeping financial data more consistent. For businesses that currently spend time matching statements and re-entering figures, the link is intended to take much of that routine work off their hands.

Alan Cuschieri, Chief Executive Officer of Moneybase, said the partnership marks another step towards building a more connected financial platform for businesses. He said that keeping accounting records up to date remains a costly challenge for many companies, and that the integration now lets financial data flow directly from Moneybase into Xero. He described it as a further milestone in creating a platform where businesses can manage their financial operations more efficiently.

The launch forms part of the continued growth of the Moneybase Business platform, which brings together a range of services in one place. These include global payments, corporate cards, foreign exchange and liquidity management, all managed through a single system.

The Xero integration is now available to every Moneybase Business user. As part of the partnership, the company is also offering new Xero customers a 90% discount on their first six months when they sign up through Moneybase, giving businesses an added incentive to adopt the two platforms together.

Moneybase Limited is licensed by the Malta Financial Services Authority as a Financial Institution, while Calamatta Cuschieri Investment Services Ltd is licensed to provide investment services. Both companies are subsidiaries of Calamatta Cuschieri Moneybase plc.