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QuickBooks, GoCardless launch integration to alleviate cash flow crisis


Intuit QuickBooks and GoCardless have announced an integration that will assist its quarter of a million SMB customers get paid on time.

By Miranda Brownlee 12 minute read

Small to medium businesses will be able to automatically collect payments directly from their customer’s bank accounts and reconcile them in QuickBooks through a new integration with GoCardless.

The new GoCardless app is available in the Intuit QuickBooks Store and will allow Australian QuickBooks users to tap into Direct Debit, helping them to reduce late payments and improve cash flow.

GoCardless noted that the average small business waits up to 47 days to get paid, with 20 per cent of the small to medium businesses losing between $6,000 to $30,000 a year in late payments.


The GoCardless integration will allow Intuit QuickBooks small business users to gain greater control of their finances. On the date an invoice is due, payments are automatically collected directly from their customers’ bank accounts and reconciled on the Intuit QuickBooks platform.

Direct debit payments also cost less to process when compared to payment by credit cards. 

In turn, the two firms said small businesses can offer their customers more secure and seamless payment experiences, removing the hassle of updating expired, lost or stolen card details and the need to initiate manual bank transfers.

“For small businesses, this reduces the risk of customer churn, late payments and failed payments,” said Intuit QuickBooks.

GoCardless VP of partnerships, Seb Hempstead, said the integration with Intuit QuickBooks is one way the software firm can make life easier for small businesses in this tough economic environment.

“By reducing late and failed payments, plus the associated admin, and enabling automatic reconciliation, we can free up cash flow and keep costs down,” said Hempstead.

“This means that SMBs can spend more time growing their business.”

Intuit QuickBooks Australia VP and country manager Lars Leber said the software firm was excited to expand its international relationship with GoCardless to Australia.

“Our goal is always to make the lives of QuickBooks customers easier. Through this integration, businesses can put time back into other areas of their business that were previously dedicated to bookkeeping and chasing payments, while customers will not have to worry about their service expiring when their card does,” said Leber.

With GoCardless, we are providing efficient solutions tailored for small businesses.”

This regional integration builds on the existing relationship between GoCardless and Intuit QuickBooks in the United Kingdom. Along with launching a new app in Australia, GoCardless has also introduced an app on the Intuit QuickBooks Marketplace in North America.

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Miranda Brownlee

Miranda Brownlee


Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.

Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.

You can email Miranda
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