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Spenda

Effortlessly manage your supplier payments and drive stronger cash flow with MYOB and Spenda

Accounts Payable Automation: Effortlessly manage your supplier payments and drive stronger cash flow with MYOB and Spenda

Streamline your business's invoice processing and payments from an innovative, user-friendly dashboard. Lightweight integration makes Spenda’s Accounts Payable service applicable for virtually any Australian business. Unlock extended payment arrangements, as well as split payments, and the ability to pay via credit card even when your suppliers don't accept cards.

Fast and simple setup and quick integration
Follow our simple onboarding process to set up Spenda and quickly integrate your MYOB account in the process. The whole process takes less than 10 minutes.

Pay multiple suppliers in one place
Conveniently view and pay connected suppliers from one easy-to-use dashboard. Track, group and, batch-pay outstanding invoices with an ABA file upload, or direct integration to your MYOB account, and gain visibility on your outgoing payments.

Access more payment options
Have more flexibility in how and when you make payments with access to a variety of payment options, including the ability to pay via card, even if your supplier doesn’t accept card payments.

Use an unsecured top-up facility to pay business expenses
Spenda’s integrated virtual card product provides your business with access to a flexible, but secure credit solution to pay invoices and improve your cash flow position. Ideal as a “top-up” trade facility.

Improve payment accuracy and speed
Reduce the likelihood of data-entry errors, remove duplicated payments and secure your business against fraudulent transactions. Use our companion application, Spenda Wallet, to easily edit and refine batch invoices, and securely authorise and approve payments on the go.

Automated reconciliation
Benefit from one single source of data truth, meaning all transactions will be accurately matched, saving time and reducing errors for smoother financial management.

Why connect MYOB to Spenda?

Linking Spenda with MYOB means bookkeeping and financial reconciliation has never been easier.

Spenda is designed to complement and enhance MYOB’s functionality and delivers a complete integration with bi-directional sharing of customers, suppliers, inventory, and sales, purchasing, credit notes and payment transactions. Spenda’s seamless integration ensures real-time updates and a reduction in manual data entry.

  • Streamline your payment process with an intuitive dashboard that allows quick batch invoice uploads with an ABA file or direct integration to your MYOB account

  • Take advantage of extended credit terms and improve cash flow

  • Fast-track payments with a secure authority system that supports payment approvals from multiple stakeholders

  • Email payment remittances to your suppliers for easy reconciliation

  • Access a wide range of flexible payment options, and choose how and when you pay

  • Lower the likelihood of human data-entry errors and remove duplicate payments

  • Benefit from one single source of data truth and align your cash inflows and outflow

Getting started

Visit my.spenda.co to get your first 30 days free. Simply register for an account and follow the onboarding instructions where you will be prompted to connect with MYOB to authorise data exchange.


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