Intrinsiq Partners/Integration - Xero Integration

Welcome to our new series 'Intrinsiq Partners/integration', where we delve into the exciting partnerships/integrations that help us bring the best solutions to our clients in the international education industry. At Intrinsiq, we believe in the power of collaboration, and this series aims to highlight the innovative alliances that enhance our school management software, making it even stronger and more efficient for education providers worldwide.

We are excited to introduce our integration of Xero in our inaugural article. With Xero online accounting, you can manage your finances at a time that suits you and automate reminders. Xero also lets you accept payments, claim expenses, track projects, capture data, connect with banks, integrate apps, reconcile bank statements, pay bills, manage purchase orders, and generate reports and quotes.

Using the Intrinsiq system, users can seamlessly connect with Xero. Our customers use Intrinsiq for invoicing as it offers advanced options like recreating and updating an invoice. It becomes an important tool since the students are prone to change their bookings before arrival. All the other accounting tasks in Intrinsiq are done using Xero. A new button on the Invoice record in Intrinsiq allows users to create an entry draft in Xero with all the necessary data already filled in, such as prices and other details. When a payment is reconciled to the Xero entry, the information flows back into Intrinsiq, automatically creating the corresponding payment record. Users can also use custom fields in Xero to include specific data like dates and commissions. The integration also supports multiple currencies, making it easier to manage international transactions.

The integration between Intrinsiq and Xero brings numerous benefits to our clients, especially for those managing the ever-changing bookings of international school students. Intrinsiq's advanced invoicing capabilities allow for effortless modifications and updates, ensuring that financial records are always precise. This integration not only saves time but also minimises the risk of errors by automating the transfer of payment information between systems. The ability to handle various currencies and include specific data through custom fields further enhances the flexibility and customisation of the invoicing process. By combining the strengths of Intrinsiq and Xero, our clients enjoy a streamlined and efficient financial management experience, tailored to the unique needs of international education.

Stay tuned as we explore the nuances of this partnership and share insights on how it can transform your experience with Intrinsiq.