March Release Notes: Introducing Reimbursements and Bill Pay integration with Quickbooks

Isabelle Comber5 minutes
Company news
March Release Notes: Introducing Reimbursements and Bill Pay integration with Quickbooks
In this article
  • Product Launch 🎉
  • Product Enhancements 🎨

Product Launch 🎉

Introducing Reimbursements

We're excited to announce the launch of Airwallex Reimbursements, a solution designed to streamline your global expense management process further. Airwallex customers can now manage all their global business expenses in one place including reimbursing employees for out-of-pocket expenses.

Say goodbye to manual and fragmented reimbursement processes and ensure your employees are reimbursed quickly in 110+ countries.

Businesses can pay out reimbursements to employees’ local bank accounts, irrespective of the currency in which expenses were incurred.

  • Employees can submit out-of-pocket expenses for reimbursement via the Airwallex app.

  • Submissions are routed through customisable, multi-layer approval workflows.

  • Automatically sync expenses back to your accounting software (Netsuite and Xero) to save time on reconciliation.

Simply log into your Airwallex account and ‘Get Started’ under the Expenses tab with the option to activate Reimbursements

Product Enhancements 🎨

Integrate Airwallex Bill Pay with Quickbooks ⚡

Airwallex Bill Pay solutions help businesses automate invoice management and accounts payable, saving hours of manual work. Users can now connect their Quickbooks accounting software with Airwallex to automatically sync invoices for faster reconciliation. 

Integrate Airwallex with your existing accounting stack (already available for Xero and Netsuite users) to reduce time spent on reconciliation and simplify bookkeeping. Learn more here.

Our Shopline plug-in now supports 30+ local payment methods ➡️

With Airwallex Payments, Shopline merchants can increase conversions and meet their customers’ payment preferences with access to 30+ local payment options through Airwallex Payments, including Klarna, iDeal, Apple Pay, and Google Pay. 

Giving customers the opportunity to pay via their favourite payment method is vital for reducing cart abandonment and boosting checkout success rates. Data suggests that providing the preferred payment options will increase the conversion rate by ~10%

With Airwallex Payments, you can tailor the checkout experience to suit regional preferences by displaying relevant payment logos, worldwide. To access the local payment methods learn more here.

To get started, seamlessly integrate Airwallex payments to your Shopline store with our no-code solution. 

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Isabelle Comber
Business Finance Writer

Izzy is a business finance writer for Airwallex. She specialises in thought leadership that empowers businesses to grow without boundaries.

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This information doesn’t take into account your objectives, financial situation, or needs. If you are a customer of Airwallex Pty Ltd (AFSL No. 487221) it is important for you to read the Product Disclosure Statement (PDS) for the Direct Services, which is available here. If you are a customer of Airwallex Capital Pty Ltd (Authorised Rep No. 001304702), it is important for you to read the Product Disclosure Statement (PDS) for Airwallex Yield, which will be made available to you at the time of onboarding. Airwallex Yield is brought to you by Airwallex Capital Pty Ltd (Authorised Rep No. 001304702). All investments carry risk. *Target returns are after fees and accurate and updated as at 9 April, 2024 (AEDT).

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