B2B Payments

Xero Shakes Hands With B2B eCommerce


B2B eCommerce firm Handshake has just announced that it is making it easier for its manufacturing and distribution customers to manage their finances. The firm, which provides the technology that allows these B2B companies to sell their goods online, now integrates into SME cloud accounting service Xero.

According to an announcement made late last week, Handshake will now reach more than 600,000 existing small business users of Xero.

Handshake noted the real-time visibility SMEs can access with this integration. The firm said companies can view real-time order flow, which automatically integrates into accounting data to ensure up-to-date financial information. This connectivity, the companies added, allows businesses to more efficiently and intelligently manage their inventory levels.

“As a certified Xero add-on, sales reps and their B2B buyers can write orders faster than ever, and orders instantly sync to their Xero account for rapid fulfillment from the Handshake Mobile app and Handshake Direct,” said Handshake CEO Glen Coates in a statement.

Both Handshake and Xero have eyed the mobile device in recent times. Earlier this year Xero introduced Xero Touch for Android, a mobile app that allows SMEs to manage their accounts through their smartphones and tablets.