Saasu have integrated with PayPal, to bring automation to e-commerce businesses. With the continued growth in SMEs doing business online, Saasu and PayPal working together to provide an integrated, =simple and convenient online payment and accounting solution for businesses is a natural fit.
Saasu already automatically captures transaction information from major ecommerce platforms, such as eBay and Magento; the automation of PayPal transactions and payment data feeds is another important step in reducing accounting workload for SMEs.
PayPal fee allocation in accounting systems can be a time-consuming process. Saasu simplifies it by identifying the PayPal transaction and automatically applying the correct fee. Saasu and PayPal customers can also automatically include PayPal as a payment option in their invoices.
“It’s all about eliminating manual data handling, which results in huge time gains for businesses,” says Daljit Bahia, Managing Director at Saasu. “This relationship will add value to customers by providing them up-to date cashflow and financial data through any common browser and mobile device,” states Daljit.
PayPal will be working more closely with Saasu in coming months, with some developments to come. “Supporting SMEs with their business is a key objective for PayPal. We are excited about this relationship as it will streamline accounting activities for SMEs, as well as providing them access to transparent and quality business information they can use for credit and financial planning. Making some of this process automated gives SMEs back valuable time to do what they really care about – grow their business,” Mark Brant, General Manager of Merchant Services at PayPal UK says.
Saasu is a global online software company with several thousand customers in over 50 countries around the world, and offices in Australia and the United Kingdom. Operating since 2000, Saasu was the first online accounting software in Australasia. Its continued focus and lead on innovation and automation has granted Saasu several awards and makes it one of the most comprehensive online business financial systems for SMEs. For more information, visit www.saasu.com or follow us on Twitter @Saasu
At PayPal, we put people at the centre of everything we do. Founded in 1998, we continue to be at the forefront of the digital payments revolution, giving people direct control over their money. Through our innovations, we make payments easier for our over 152 million active accounts in 26 currencies and across 203 markets, processing more than 9 million payments daily. An eBay Inc. (Nasdaq: EBAY) company, PayPal is the faster, safer way to pay and get paid. The service gives people simpler ways to send money without sharing financial information, and with the flexibility to pay using their account balances, bank accounts, debit or credit cards. Visit www.PayPal.co.uk for more information and follow us on Twitter, Facebook, YouTube and our PayPal UK blog.