Every month, U.S. small businesses pay fees just to move money from their account to a supplier’s. It’s a cost that adds up, and it’s one that shouldn’t have to exist.
To ease this process, Xero has announced that standard ACH bill payments are now free for all U.S. Xero business plan customers. They can now pay bills directly in Xero with no ACH transaction fees, no extra subscriptions, and no need to log into a financial institution.
Cash flow is the common pain point for almost every small business owner I talk to. And the numbers back that up: nearly half of all invoices are paid later due to lack of funds, more than a third of small businesses struggle to make sure they have enough to cover what’s due, and over half spend more than four hours a month managing accounts payable.
But the bigger issue is often fragmentation. Accounting in one place, payments in another, bank login in a third tab. You end up spending more time piecing things together than actually running your business.
Online bill payments powered by Melio is designed to fix that. Once a bill arrives in Xero, you can approve, pay, and reconcile it without leaving the platform. No separate bank login. No manual matching. No re-entering the same details across different systems.
Small businesses using Xero for bill management save an average of five hours a week. That’s time back to focus on the work that actually grows the business.
With Standard ACH now free on all Xero Early, Growing, and Established plans, that means:
- Pay as many bills as you want via standard ACH with no extra cost, included in your existing Xero plan.
- Schedule payments in advance so you can plan around your cash flow.
- Bills are automatically matched and reconciled in Xero once payment goes through.
- Suppliers get paid however works best for them: standard ACH, wire transfer, check, or virtual card.
Photo credit: Xero
Sign in to get access to this free resource, and all of our whitepapers and reports.
Download this content today!
Register Now Already registered? Click here to Log In
Tags: Accounting, ach, Small Business, Technology, xero