Telleroo
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Telleroo is an automated bulk payment hub that eliminates the need to key in payment and payee data manually. The system helps businesses to:
- Create, review and approve supplier and payroll payments
- Reconcile the whole payment run quickly
- Flag new and updated payee details
- De-risk your payment process
Not only does Telleroo save time, but it also reduces the risk of error as everything can be pulled through from the accounting software. Thanks to a two-way connection, the matching function in the system will automatically detect which invoices were settled or cancelled and partially complete the reconciliation.
The system allows you to set up an approval process, and whenever the pay run is set up, the approvers will then receive a notification to their email. Sync Telleroo with Xero or Keypay or upload a .csv from Sage, Quickbooks, or your preferred software to save time and reduce the risk of error. Employees can be given permission to create, review and approve payments, allowing for delegation and tiered access. Invoices can be merged to the same supplier in a single payment to reconcile a whole pay run in one click. For payroll, this means the individual employee’s salaries are hidden. Telleroo will alert you if bank details are updated or a new employee/supplier is added, giving you an extra layer of protection.
KeyPay and Xero have great integration potential, so if you use both pieces of software and you’re looking for an accounts payable solution, Telleroo may be the choice for you!
Telleroo at a glance:
Cost
Tiered pricing from £25 per month for accountants and bookkeepers and £35 per month for direct businesses, you can move up and down the plans depending on the number of transactions made within a month
Competitors
Function
Telleroo enables businesses make payroll and supplier payments in bulk
USP
Create automated payment process with a built in approval process and handle payroll with ease
Use case
Accounts Payable, Bulk Payments
Features
Telleroo integrates with Xero and KeyPay, with invoice processing functionality. Payments can be scheduled for a later date and new and updated payee details are flagged.
Strengths
You can import payroll files for processing from payroll software, there is a two way sync with Xero so bills are updated when paid
Considerations
Can be costly if there are lots of monthly contracts but you only pay for the number of transactions you make within a month | The only integrations are Xero and KeyPay
Target customers
Accountants, bookkeepers and businesses