Paycycle – Effortless collections for Xero customers.
Paycycle is a Xero integrated collections engine which automates your entire collections cycle, straight from Xero.
Our integration with Netcash allows customers to work directly in Xero and the colletions on invoices raised in Xero happens through Netcash automatically. We reconcile all payments against invoices and post the transactions back into Xero for you.
Key features
Works straight from Xero
Our Xero and Netcash integration allows you to keep working within Xero while Paycycle takes care of the rest. You do not have to learn to work another system – it’s all beautifully integrated!
Automatically manage recurring collections
Recurring collections runs automatically through Netcash’s Debit Order system without the need to manually submit a batch file ever again!
Automated mandate management
Set up and manage your customer mandates electronically.
Your customer can approve the amount or increase their limit from a notification email.
Customisable collections settings
You are in complete control of your collections and can choose to run it with simple, system based defaults, or choose exactly how you would like to structure your collections by customising your collections settings.
Automated reconciliation and post back into Xero
We collect, recon and post back into Xero making sure the entire process is effortless.
Integrated to:
Software screenshots
The history of Paycycle
Paycycle supports automated mandate management, to accurately collect fluctuating amounts and our advanced reconciliation integration with Xero, ensures the entire recon is taken care of accurately and efficiently. Paycycle is a hands-off automated collections enhancement to Xero and makes getting paid, effortless.
Benefits of using an integrated Billing solution:
Issue an invoice for easy online payment
Send your customers an invoice from your accounting software for immediate online payment. Many of the integrated solutions allow for invoices to have multiple Pay Now payment options on the footer, including a ‘click to pay’ button.
Offer multiple payment options
Make paying more convenient for your customers so that you get paid quicker. Payment options available include Instant EFT, Bank EFT, Credit Card, Visa Checkout, Cash Payments and QR using major wallets or banking apps.
Automated reconciliation
Easily reconcile your invoice payments to accounting software off a single Netcash statement. Save time, increase accuracy and eliminate the risk of misallocation.