PayVu.

Enhanced security. Banking Credentials no longer shared.

Streamline your payment process with PayVu’s secure cloud solution.

PayVu’s solution enabled Brenton to use PayVu in conjunction with Xero in a more secure manner by separating duties. With PayVu’s secure app, Brenton no longer needs access to customer banking credentials.

Low value customer contact is a thing of the past. Payments are sent via the PayVu app where customers approve payments, automatically paying the invoice and sending remittance. Both bookkeeper and customer are now enjoying the transformation.

Allow PayVu to eliminate the hard work and streamline the tedious accounts payable process for you. You can now focus on obtaining more customers without increasing your staff levels. Reduce risk and grow your business!

PayVu has made life easier by helping manage risk and separate duties for my business and the customer. I’m no longer worried about security, phishing attacks or making incorrect payments.

Brenton SearleDirector - Arador Group

The Challenges

In order to service customers, the team spend time on confirmation and rework required for payments and ABA files. They also used separate systems for invoice entry, approval and payment.

Brenton is conservative when it comes to risk, and with good reason. His desire to remove risk for his business and customers is a key driver for his choice of technology.

Brenton’s challenges…

  • Remove risk by removing access to customers bank credentials and financial data.
  • Avoid errors which could place unnecessary cash flow pressure on clients.
  • Automate all payments including Invoices, Super, Payroll, PAYG, Taxes and BPay.

The Solution – How PayVu helped enhance security and no longer share banking credentials.

Arador Group’s appetite for secure, progressive cloud-based automation technologies was satisfied when they discovered PayVu for an automated integrated payment solution.

PayVu helped to…

1. Eliminate risk of sharing bank credentials via PayVu’s secure system which is ISO Certified, SuperStream Compliant and a Tier 1 STP provider.
2. Easily build trust with new clients due to PayVu security levels.
3. Streamline payment processes. Business owner authorises or rejects on mobile app.
4. Provide a single process for all payments including invoices, salaries, BAS, super & BPay.
5. Streamline the payment process avoiding time wasted and costs blowing out.
6. Save time on rework. Payment rejections don’t void the entire batch.
7. Manage growth with lower cost base.
8. Improve customer service, which will bring more clients (via word of mouth).

PayVu’s enhanced security, in the event of unauthorised access

Unauthorised user gains access to the authorisers phone + accesses their PIN and unlocks phone

Unauthorised user then proceeds to navigate to PayVu and enters the 4 digit PIN.

In the worst case, the user can only authorise or reject a payment sent by the bookkeeper.

About Arador Group

Arador Group is a modern and progressive bookkeeping, accounting and business advisory firm. They believe that working with an adviser who can provide end-to-end financial solutions is the most effective way to attain business success.

Arador Group is not a traditional firm. Their use of cloud-based tools and automation technologies enables them to operate far more efficiently. They can monitor the pulse of a business no matter where in the world a business is located. From bookkeeping through to tax and business advice, they understand real business transactions and real business processes…in real time.

We are saving significant time! We no longer need to send constant reminders for customers to make payments. Many of our customers are Tradies who are on the tools all day. They might login to internet banking at night. Like any small business owner they are time poor. PayVu not only streamlines, it eliminates the chase and enables our customers to approve/reject payments securely in the PayVu app, on the go. It has eliminated the need to individually make each payment. We automate the process, make batch payments and customers decide what gets paid. The customer is always in control of their banking.

The Results

Arador Group entrusted PayVu to streamline processes, creating a more secure efficient payment solution for the business and customers.

Brenton’s team is now focused on helping customers achieve their business goals. This means avoiding any double handling and rework, but only in a secure manner. They wanted to transform the payment process securely and save time.

The PayVu Solution…

  • Removed risk by no longer accessing customer bank credentials.
  • Significantly reduced handling time.
  • Reduced double handling and removed rework.
  • Customer satisfaction improved as processing payments got easier, especially for busy tradies!

PayVu has made life easier by helping manage risk and separate duties for my business and the customer. I’m no longer worried about security, phishing attacks or making incorrect payments.

There’s more to come in 2020 with more features on the way to help Brenton and the team provide more output, securely, for no additional input.

Streamlined payments process

No sharing of banking credentials

Free your team of mundane admin

Separation of duties

ISO Certified. Remove risk, avoid errors and build trust

Superstream compliant payments

Payments authorised on the go

Do you run a bookkeeping or accounting practice?

Allow PayVu to eliminate the hard work and streamline the tedious accounts payable process for you. PayVu provides real value to Accountants and Bookkeepers.