GoCardless, a bank payment company, has expanded its relationship with Big Red Cloud.
The cloud accounting software firm, which is a GoCardless customer, will now become one of its 350+ partners by “integrating GoCardless’ payment capabilities into its platform.’
This means Big Red Cloud customers can use Direct Debit to automatically collect and reconcile recurring payments from their ‘own clients directly within Big Red Cloud.”
In addition to helping accountants and SMEs reduce late payments and bad debt, this will free up time so they can “focus on client-facing activities.”
Later this year, Big Red Cloud will add GoCardless’ open banking-enabled payment feature, Instant Bank Pay.
This will provide accountants an alternative for instant, “one-off payments without the high fees associated with traditional card transactions.”
Marc O’Dwyer, CEO at Big Red Cloud, says they’re pleased to be expanding our relationship with GoCardless.
As a customer that already uses GoCardless for our own business, it was a natural step for them to “look at how we could bring these benefits to our customers, which is why we explored this partnership model.”
Jolawn Victor, Chief Growth Officer at GoCardless, said they believe accountants should be successful because of the “valuable advice and services they provide to clients. Building on their relationship with Big Red Cloud enables us to bring faster, cheaper, and more secure payments to their joint merchants and their customers, freeing up time for accountants who can take payments off their list and get back to serving their clients.”
The partnership strengthens GoCardless’ position in the accounting sector, building on existing integrations with “a number of major players in the space.”
GoCardless is a global bank payment company.
Nearly 100,000 businesses, from start-ups to household names, use GoCardless to collect and send payments through “direct debit, real-time payments and open banking.”
GoCardless reportedly processes “$130bn+ of payments annually across 30+ countries; helping customers collect and send both recurring and one-off payments, without the chasing, stress or expensive fees.’
They use data and insights to improve payment success, “reduce fraud and, with open banking connectivity to over 2,500 banks, help their customers make faster, more informed decisions.’
They are headquartered in the UK, with offices in Australia, France, Ireland, Latvia and the United States.
For more than three decades, Big Red Cloud has provided cloud accounting software, making it easier for SMEs and accountants in Ireland to manage their finances.
Their platform offers solutions that facilitate accurate financial management, providing “real-time’ insights into financial data.
Committed to service, they ensure support for users, emphasizing their longstanding “dedication to the Irish business community.”
As a member of Guaranteed Irish, Big Red Cloud continues to “support and uplift the local economy.”
