Sourcery’s AP automation catered to growing businesses, restaurants, corporate kitchens, accountants, and vendors can now be combined with Xero’s secure online accounting software– And the Sourcery app is now featured on the Xero marketplace!
Check out our integration to see how connecting Xero and Sourcery can provide a complete picture of your business–from invoicing and line item extraction to payments and accounting.
What is Xero?
Xero is a secure, online accounting software that enables small businesses to easily manage inventory management, recordkeeping, digital invoicing, and more. It can also sync with 3rd party apps like Sourcery to allow business owners to use Xero’s features in a way that’s best for their business.
How using Xero with Sourcery can help your business!
Digitizing paper invoices is a breeze with Sourcery’s powerful AP automation tools. With Sourcery’s invoice storage with line-by-line detail and customizable categorization, it’s easy to pull up old invoices with a simple query. The Xero integration with Sourcery allows you to easily export invoices, credits, and payments from Sourcery to Xero. With the data from Sourcery, you can create professional-looking invoices with Xero’s online invoicing feature.
While Xero offers an overall accounting dashboard to track bank balances, payments, etc., Sourcery’s analytics are especially beneficial for use by restaurants and corporate kitchens. Sourcery tracks your spending and product pricing history and sends alerts when they exceed your chosen limits. This lets you easily know when to update your recipe cost calculator and when you need to ask your vendors why prices have changed.
For example, Brendan’s Pubs used Sourcery’s price-tracking feature to track the price of specific ingredients and was able to make quick and easy changes to the restaurant’s menu by eliminating this ingredient when the price was higher. Sourcery’s streamlined invoicing and auto-reconciliation also allows for smooth vendor relations.