202302 Oct

Sonovate leverages Xero certification to enhance FinTech solutions


Sonovate, a financial technology service provider catering specifically to recruitment businesses, consultancies, and online freelancer platforms, has recently marked a significant milestone by securing a certification from Xero, a renowned player in the realm of cloud accounting software. The achievement is juxtaposed with the launch of Sonovate’s new API-first platform, devised to be a conduit for recruitment entities and online labour markets to tap into state-of-the-art automation, reconciliation, and funding capabilities. This ensures that funding transactions executed through the Sonovate platform are accurately mirrored in the accounting software of Xero users, providing them with precise insights into various financial metrics and facilitating instant updates on payments and debts. It’s a nod to the team’s sterling performance in evolving its reporting and financial reconciliation capabilities over the past year, bringing to the fore the company’s relentless pursuit of operational excellence and enhanced customer offerings. Alongside other enhancements to our platform, we continue to balance our roadmap with features that target a frictionless experience in the servicing of financing and managing cashflow.” This significant development aligns seamlessly with the recent inauguration of Sonovate’s new European hub situated in Amsterdam, evidencing a methodical international expansion strategy.

Source: Fintech