Singapore – YouBiz, the corporate card and finance management platform by YouTrip, has announced their strategic partnership with cloud-based accounting software provider Xero. Said partnership aimed at reducing operational costs remains amongst SMEs in the Southeast Asian region.
It also aims to equip local businesses and startups with more capabilities to manage their corporate expenses efficiently through the integration of Xero’s accounting software.
Through this integration, YouBiz users can unlock automated sync on all multi-currency accounts with Xero, reducing manual reconciliation of expenses and erroneous accounting entries. YouBiz users who are new to Xero can also enjoy 50% off on any Xero accounting plan for 6 months.
Caecilia Chu, co-founder and CEO at YouTrip has expressed their excitement with said partnership, remarking that with growing inflation and rising prices, finance automation platforms with enhanced accounting capabilities will allow SMEs to cut down on operational costs significantly and redirect valuable funds and resources towards their global expansion plans.
“With Xero on board, YouBiz users will have better control and greater visibility over their business spending. And as we continue to be a valuable and reliable partner to SMEs, YouBiz will strive to forge more partnerships with digital brands and businesses that SMEs work with, to bring more returns and cost savings beneficial to companies, and aid them in their digitalisation efforts,” Chu said.