We are very excited to announce that Tide will be partnering with Xero to give our members access to the best tools for managing their business.
At Tide, our Founder Members are at the heart of what we do, so early on, we did some research to find out how you were managing various aspects of your business, including your accountancy.
“We were overwhelmed to see that over half our early adopters are using Xero as their accounting software. It’s a great opportunity for us to join forces with such a smart tool that is committed to empowering the small business community, just like Tide.”
-George Bevis, Tide’s Founder and CEO
###What will the integration allow me to do?
Our Xero integration will be introduced over two phases:
Phase one: You will be able to link your Tide accounts to Xero, as well as create new “bank” accounts in Xero. Tide will then automatically push all transactions into Xero on a daily basis.
Phase two: Shortly after, we will release Phase two, which will introduce the additional benefit of mapping categories from Tide to Xero. Syncing transaction categories has never been so easy! This phase will also automatically export all transaction attachments, such as receipts and invoices from Tide to Xero. As a result, Tide will automatically keep your Xero account reconciled.
This is more than just an integration, it’s a partnership. Tide and Xero will be working hand-in-hand to create the best possible user experience, not only for Tide’s members, but also Xero’s users.
“We’re excited to be teaming up with Tide. Like Xero, it has a mission to arm small business owners with the tools they need to simplify their financial management and invest their time in what matters; building their business.”
-Gary Turner, Xero’s UK Co-Founder and Managing Director
This is the first of many integrations on Tide’s roadmap, which will enable our members to make use of the industry’s best FinTech tools. Tide will soon integrate with other accounting software providers to bring seamless accounting to our members.
###We want to hear your feedback!
We’ve launched Tide Preview to grant early access to our newest features to a small group of Members. Sign up to test our Xero integration before it is launched by emailing firstname.lastname@example.org with your company email address. More information about Tide Preview can be found here.
Xero is beautiful, easy-to-use online accounting software for small businesses and their advisors. The company has 862,000 subscribers in more than 180 countries. Xero seamlessly integrates with more than 500 apps, and was ranked No. 1 by Forbes as the World’s Most Innovative Growth Company in 2014 and 2015.