GoCardless was named Financial Services App of the Year at the annual Xero Awards UK &¬†Ireland. The awards showcased the achievements made by those¬†leading¬†the way in the accounting and app industries.
Edward Berks, Global EGM, Financial Partnerships commented: “The Xero Awards are a great opportunity to recognise the achievements of our accounting and app partners, and shine a light on the work they are doing to support small¬†businesses. We’re delighted to be working with forward thinking businesses like GoCardless to offer bank debit as a payment option throughout the UK. We know that invoices get paid 15 days faster on average with GoCardless and Xero.”
Invoice payments are broken. The result, a severe strain on cash flow with most businesses spending over 4 hours a week chasing unpaid bills. GoCardless, founded in 2009, takes the pain out getting paid for more than 50,000¬†customers¬†who pay via Direct Debit, the preferred method of payment for the majority of UK business owners.
Pranav Sood, Vice President of Small Business for GoCardless, says: “We are thrilled to receive the Financial Services App of the Year award from Xero. Supporting¬†small businesses¬†is in our DNA. Collaborating with Xero allows us to be part of their community where we support more than 10,000 business owners by saving them time, hassle and money.”