Wednesday, 04 April 2018 10:49

BPAY launches new BatchMaker payments solution

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Payments provider BPAY Group has launched BPAY BatchMaker, a solution designed to help small businesses pay multiple suppliers at the same time, thus creating efficiencies by reducing manual processing.

The company announced that cloud accounting provider QuickBooks is its first partner for BatchMaker, with the app now available to QuickBooks customers free of charge, via the QuickBooks app store.

QuickBooks — part of Intuit — customers can use the BPAY BatchMaker app with their cloud accounting package, and it is available for BPAY Batch payers who bank with Bankwest, Commonwealth Bank, Macquarie Bank, NAB or Westpac.

BPAY says future releases of BatchMaker are expected to add other financial institutions and functionality.

“BPAY BatchMaker has the ability to solve numerous pain points for small businesses, accountants, and accounts payable. This is key to our strategy to innovate around the BPAY product and continually improve the experience for consumers, SMEs and business,” said Keith Brown, general manager, Product Scheme and Business Development at BPAY Group.

“We are proud to partner with QuickBooks, pioneering a collaborative approach to product innovation, with the central aim of reducing inefficiencies and helping to increase financial capabilities for small businesses.”

BPAY says the new application is an easy and convenient way to:

  • Capture invoice data;
  • Instantly validate BPAY payment information avoiding errors later on;
  • Create BPAY and EFT batch files in the right format, for customers to send on to their bank for processing; and
  • Match invoices with existing suppliers allowing for easy reconciliation.

Nicolette Maury, vice-president and country manager of Intuit Australia, says: “Our aim at Intuit is to simplify the day-to-day running of small businesses.

“So, we are delighted to offer BPAY BatchMaker to our QuickBooks customers as it will help streamline their financial management and also eliminate inefficiencies. This is just one more way in which Intuit is helping to pave the way for small businesses to grow and prosper.”

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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