Mesh Payments Expands QuickBooks Integration to Enhance Control and Automation in Enterprise Spend Management
Mesh Payments announced on December 6, 2022, the expansion of its integration with QuickBooks by Intuit, providing advanced features for growing and mid-market enterprises, including automatic coding of 98% of transactions, multi-entity synchronization, and accelerated monthly closing. The integration will be showcased at the QuickBooks Connect conference held from December 7 to 9 in Las Vegas.
NEW YORK — December 6, 2022 — Mesh Payments, a financial automation platform in the enterprise spend management space, announced today that its integration with QuickBooks, the popular accounting software from Intuit, has been expanded. This expansion aims to provide finance managers with greater spend control and higher levels of automation. The integration will be demonstrated live at the Mesh booth at QuickBooks Connect, taking place December 7-9 in Las Vegas.
The expanded Mesh and QuickBooks integration provides growth and mid-market companies with advanced features that support their scaling efforts. Mesh automatically codes 98% of transactions, virtually eliminating tedious manual coding work. Currently, hundreds of Mesh customers leverage this QuickBooks integration to accelerate their monthly close by five times.
"Mesh Payments syncs seamlessly with QuickBooks, enabling finance teams to streamline the entire workflow from transaction processing and receipt collection to account reconciliation," said Oded Zehavi, Co-Founder and CEO of Mesh Payments. "Our integration with QuickBooks furthers the company's mission of helping companies, including mid-market businesses growing with QuickBooks, maximize efficiency and cost savings through financial automation."
The enhanced QuickBooks integration provides users with the following capabilities:
Accelerated financial automation
Mesh empowers finance teams by automating redundant and time-consuming processes, helping teams achieve continuous synchronization between Mesh and ERP systems and posting all transactions to the general ledger. Through the Mesh app or a dedicated Mesh email, Mesh automatically matches receipts to corresponding transactions and syncs directly with QuickBooks. Automatic receipt reminders also mean finance teams no longer need to spend significant time chasing employees for unreceipted expenses.
Simplified and synchronized across multiple subsidiaries
Companies can sync QuickBooks transactions across an unlimited number of entities and leverage best-in-class subsidiary isolation to eliminate the headaches caused by synchronization errors between subsidiary transactions.
Faster monthly close
The powerful integration helps accelerate the month-end close process, covering all types of spend, including supplier payments, employee expenses, out-of-pocket expense reimbursements, multi-currency payments, and multi-subsidiary synchronization.
Mesh offers integrations with several leading ERP providers, including QuickBooks, NetSuite, Sage Intacct, and more. To learn more about the Mesh Payments and QuickBooks integration, visit www.meshpayments.com/quickbooks-integration。
About Mesh Payments
Mesh Payments is a financial automation platform that provides finance managers with finer control and greater leverage over corporate spending. Mesh brings innovation and automation to every corner of financial operations, freeing finance teams to focus on better managing day-to-day financial operations.
Mesh was named to the CB Insights 2022 Fintech 250 list, which recognizes the most promising private fintech companies, and was selected for the Accel Fintech 100 EMEA. Headquartered in New York and backed by venture capital, Mesh serves some of the fastest-growing global brands, including Monday.com, Hippo Insurance, Sezzle, Riskified, and Snyk. For more information, visit www.meshpayments.com or follow its LinkedIn page.
