Clear Books & Revolut Business launch payment feature

On 2nd June, Clear Books and Revolut Business launched a new partnership, moving beyond Open Banking to provide customers with a quicker and easier way to manage their small business finances with a click-to-pay option.

The new integration provides customers with an easy-to-use draft payment facility within Clear Books online accounting software so that customers can make quick payments and run their payroll with ease using their Revolut Business account.

Offering deeper integration, Clear Books is a great choice for small business customers who are looking to take control of their small business admin.

The new integration has also been added to Revolut’s Marketplace where Revolut Business customers can get 50% off Clear Books for 6 months when they sign up*. Revolut customers can try Clear Books and the new feature by signing up for a free 30-day trial via the Revolut Business Marketplace. From there, customers will be able to connect their Revolut account to Clear Books and see how easy it is to manage bills and payroll directly from their online accounting software with just a few clicks.

To use this feature, customers should connect their Clear Books and Revolut Business accounts, and select the bills in Clear Books that need to be paid. Clear Books sends the bills as ‘draft payments’ directly to their Revolut Business account, for the user to review and approve the payments initiated from Clear Books with just one click.

How it works:

1. Click ‘Pay bills’ and select the bills you wish to pay in Clear Books
2. Review the details of the bills
3. When you’re ready to pay click ‘Submit draft payment’
4. Once you click on the ‘Revolut Business account’ link, Clear Books will transfer you directly to your Revolut Business account to quickly review and send the payment.

With this integration, users can choose up to 20 bills to be paid at once using a Revolut Business account, with the functionality even allowing for over 170 multi-currency payments at no extra cost. This integration is completely free to use and also supportsemployee salaries being paid swiftly and with ease.

Ruth Fouracre, Clear Books CEO said:
“Small businesses can face an overwhelming amount of business admin. By allowing users to create draft payments directly from Clear Books, we’re removing the admin burden of rekeying all that information into Revolut to make the payments. Together, we’re making bill and payroll payments quicker and easier for small businesses so they can get back to doing the things they enjoy most.”

James Gibson, Head of Product at Revolut Business said:
“We’re focused on building innovative products that help businesses save precious time and money. Our partnership with Clear Books does just this – allowing customers to set up draft payments directly from Clear Books in a couple of taps. Going forward we see a huge opportunity for the automation of basic tasks by using the power of APIs.”

For further information, please contact:

Sonja Kirschner
Clear Books Limited
sonja@clearbooks.co.uk
Phone: 020 31373051

Georgia Paquette-Bramble
Revolut Business
georgia.pacquette-bramble@revolut.com

About Clear Books

Founded in 2008, Clear Books provides accounting and payroll software that is used by thousands of small businesses in the UK. Our HMRC recognised software provides small businesses, sole traders, contractors and freelancers with easy-to-use accounting & payroll software. Clear Books was registered with the FCA as an Account Information Services Provider in 2019, and is ISO 27001 certified. We’re proud to be a partner of Revolut.

About Revolut Business

Revolut Business is the business account from fintech super-app Revolut, with over 500,000 business customers worldwide. Revolut Business was launched in July 2017 across the UK and Europe and helps customers get more from their business account with powerful tools that provide total control over their business’ finances. Revolut Business customers spend less time on admin and more time focused on what’s important – their business.