For the folks in finance and accounting, the end of the month is a busy time—because that’s when they have to close the books.
The month-end close is when all the financial and accounting information for the month is collected, reviewed, and reconciled. This vitally important work is also painstaking and sometimes tedious. Even more so if you have two different systems for payroll and accounting, which means having to manually input rows of payroll data, line by line, into your accounting software. In addition to being repetitive and time-consuming, the manual transfer of data also introduces the possibility of errors.
Surely, there must be a better way.
Now imagine this: Every time you approve an invoice, it automatically appears in your QuickBooks Online account. No more manual entry required.
Thanks to Oyster’s new integration with QuickBooks Online, you can transfer your payroll data to your accounting software with just a click—saving time and ensuring 100% accuracy.
Efficient and accurate payroll accounting
Payroll accounts for 70% of the total business costs, so it’s critical to record accurately. And finance teams already have enough to do—copying data from one software to another isn’t something they should have to do.
The new integration enables you to easily sync Oyster invoices to your QBO account. Automating the transfer of invoice data between Oyster and your accounting software frees finance admins, controllers, and accountants from the inefficient, time-consuming, and error-prone process of manual entry.
Invoices approved in Oyster appear automatically in your QBO account, so it’s one less thing to worry about. Just connect the tools in your HR tech stack and let the automation do its work, so you can focus on other business-critical functions.
Global payroll—without the stress
As a global employment platform, Oyster enables companies to scale their teams across borders. By integrating the Oyster platform with the accounting software you already use, we want to simplify and streamline your payroll workflow.
So don’t stress about the month-end close. Rest assured that your QBO integration will automatically sync payroll data for you, and ensure the best experience for both your finance team as well as your global Team Members.
Ready to try Oyster? Request a free demo today!
P.S. Our next ERP integration, Xero, is just around the corner. It’s currently available in private beta, with full access coming soon. If you’re an Oyster customer and want to participate in the beta, please reach out to your account manager or send us an email!
Oyster is a global employment platform designed to enable visionary HR leaders to find, hire, pay, manage, develop, and take care of a thriving distributed workforce. Oyster lets growing companies give valued international team members the experience they deserve, without the usual headaches and expense.
Oyster enables hiring anywhere in the world—with reliable, compliant payroll, and great local benefits and perks.