Plastiq, a U.S.-based intelligent payments solution for small businesses, announced on Wednesday it has fully integrate Intuit QuickBooks Online into its payments platform. Plastiq reported that the integration will help businesses save time and money with a claim of an even more seamless, automated way to reconcile payments, bills, and invoices with their accounting system with no manual entry required.
Plastiq further revealed the new integration will import invoices directly from QuickBooks, quickly identifying and populating all essential information such as vendor, amount due, invoice due date, and more. Speaking about the integration, Eliot Buchanan, CEO and Co-Founder of Plastiq, stated:
“Time and again, we’ve heard from our customers how crucial QuickBooks is to their recordkeeping, but as a small business ourselves, we also recognize how time-consuming and error-prone it can be to manually maintain accurate QuickBooks records. By integrating QuickBooks into Plastiq, we’re giving businesses back vital time and resources while greatly reducing the chances of human error, enabling businesses to keep their eyes on innovating and propelling growth.”
As previously reported, Plastiq enables SMBs to use their credit cards for virtually any expense, even where credit cards aren’t accepted, so they can maximize the working capital they already have while also conserving cash during periods of economic uncertainty.
“Driven by significant SMB customer momentum, the funding will be invested in the rollout of Plastiq’s offerings to champion the underserved SMB market by enabling simpler, faster integrated payments that maximize profits and protect cash reserves.”