Bank Payments · Plaid Integration

Link bank accounts and get paid by bank inside your ERP. Reconciled to accounts receivable.

The Plaid integration connects bank accounts to Xorosoft - let customers link their bank, pay by bank (ACH), and verify accounts and balances, with every payment auto-reconciled to accounts receivable.

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Auto AR reconciliation Bank-grade security Lower fees than cards
CardsACHPayment linksRefundsPayouts
Plaid LIVE Xorosoft
Processed today
$48.2k
Success rate
99.3%
Open AR
$12.4k
PMT
INV-70142 · Paid
Visa •••• 4471 · Captured
Reconciled
LNK
Payment link · SO-77420
Sent · awaiting payment
Pending
REF
Refund · INV-69833
Card refund · processing
In progress

One system from checkout to reconciled cash

PaymentsCardsACH InvoicingARRefunds PayoutsReporting
Overview

Plaid connects the bank. Xorosoft reconciles the cash.

The Plaid integration brings bank connectivity and pay-by-bank into Xorosoft - customers securely link their bank, pay by ACH, and every bank payment reconciles to orders, invoices, and accounts receivable. Tap each point to see how.

The payments problem

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Standalone payment tools and manual card entry leave payments disconnected from orders and accounting, causing slow reconciliation, keying errors, and an unclear cash position.

The Plaid integration

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Plaid securely links customer bank accounts, verifies them, and enables pay-by-bank (ACH). Xorosoft automatically matches every bank payment to the right invoice and posts it to accounts receivable.

The business benefit

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Lower fees than cards, faster cash flow, accurate AR, fewer manual entries, secure bank-grade connections, and real-time visibility into payments and receivables.

Plaid
How a payment flows

The Plaid payment workflow

Press play, or tap any step, to watch a payment move from request to reconciled cash. The details appear only when you explore them.

Step 1 of 9

Invoice ready to pay in Xorosoft

An order or invoice is ready for payment in Xorosoft.

Step 2 of 9

Customer links their bank (Plaid Link)

The customer securely connects their bank account through Plaid Link.

Step 3 of 9

Account and balance verified

Plaid verifies the account, routing, and available balance.

Step 4 of 9

Pay-by-bank (ACH) initiated

A pay-by-bank (ACH) debit is initiated from the linked account.

Step 5 of 9

Payment captured

The bank payment is captured and confirmed.

Step 6 of 9

Matched to the invoice

Xorosoft matches the payment to the correct invoice or order.

Step 7 of 9

Posted to accounts receivable

The payment posts to AR and accounting automatically.

Step 8 of 9

Bank settlement tracked

The bank settlement is tracked and the bank feed reconciles.

Step 9 of 9

Reporting updates in real time

Cash, AR, and payment KPIs update live.

Step 1 / 9

Workflows we automate

Tap any workflow to see the problem it removes and the outcome it delivers.

Bank linking & pay-by-bank workflow

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Customers link their bank and pay by ACH against invoices.

Outcome: faster payment with no re-keying.

AR reconciliation workflow

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Every payment auto-matches to its invoice and posts to AR.

Outcome: clean, current receivables.

Verification workflow

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Account, routing, balance, and identity are verified before debit.

Outcome: fast, accurate adjustments.

Recurring bank debit workflow

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Saved bank connections are debited on schedule with retries.

Outcome: hands-off recurring revenue.

Settlement & payout workflow

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Settlements and payouts track to the bank against processed payments.

Outcome: easy bank reconciliation.

Payment reporting workflow

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Payments, AR, and cash update in one live dataset.

Outcome: real-time cash visibility.

Payments Dashboard

Every payment, from checkout to reconciled cash

A single operational view across payments, AR, refunds, and settlements.

Processed Today

Live
$48.2k
Captured payments · last 24 hours
Transactions214

Bank Payment Success

Healthy
Success rate99.1%
Returns0.6%
RetriesOn

Accounts Receivable

Real-time
Open AR$12.4k
Auto-applied96%
Overdue$1.1k

Payment Mix

Active
Pay-by-bank72%
Cards24%
Other4%

Linked Banks

Live
Accounts linked128
Verified99%
New today7

Recurring Bank Debits

Scheduled
Active plans38
Due today5
Failed0

Settlements

Sent
Payout$46.9k
BatchReconciled
Fees$612

Security & Health

Monitored
Bank connectionsTokenized
EncryptionOn
Failed debits0
Key Features

Everything the Plaid integration handles

Tap any capability to expand the explanation, benefit, example, and sub-features.

Bank account linking (Plaid Link)

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Customers securely connect their bank account in seconds through Plaid Link.

Benefit: no manual account entry and instant setup.

Example: a buyer links their bank with a few clicks at checkout.

Sub-features
  • Plaid Link
  • Secure connect
  • No manual entry

Pay-by-bank (ACH) payments

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Collect payments directly from customer bank accounts by ACH.

Benefit: lower fees than cards and simple B2B payments.

Example: a $4,200 invoice is paid straight from the customer's bank.

Sub-features
  • ACH debit
  • Pay-by-bank
  • Lower fees

Bank account verification

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Instantly verify account and routing details before a payment.

Benefit: fewer failed payments and returns.

Example: an invalid account is caught before an ACH is initiated.

Sub-features
  • Account verify
  • Routing check
  • Instant

Balance checks

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Confirm sufficient funds are available before initiating a debit.

Benefit: fewer NSF returns and reversals.

Example: a debit is only initiated when the balance covers it.

Sub-features
  • Balance check
  • Funds available
  • Pre-debit

Automatic AR reconciliation

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Every bank payment matches to the right invoice and posts to accounts receivable.

Benefit: no manual matching and clean books.

Example: a bank payment auto-applies to INV-70142.

Sub-features
  • Auto-match
  • AR posting
  • Open-balance clearing

Bank feed & transaction sync

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Pull bank transactions into Xorosoft to reconcile deposits and payments.

Benefit: one place for bank activity and reconciliation.

Example: daily bank transactions sync in for matching.

Sub-features
  • Bank feed
  • Transaction sync
  • Deposit matching

Identity verification

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Verify the account holder to reduce fraud and returns.

Benefit: safer payments and lower risk.

Example: the payer's identity is confirmed before the debit.

Sub-features
  • Identity check
  • Account holder
  • Fraud reduction

Recurring bank debits

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Charge a saved bank connection on a schedule for recurring invoices.

Benefit: hands-off recurring revenue at bank-payment cost.

Example: a monthly invoice debits the bank automatically.

Sub-features
  • Scheduled ACH
  • Saved bank
  • Retries

Multi-account support

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Link and manage multiple customer and company bank accounts.

Benefit: flexible payments across accounts and entities.

Example: a customer links two bank accounts to pay from either.

Sub-features
  • Multiple accounts
  • Per customer
  • Per entity

Lower processing fees

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Bank payments cost less than card processing on large invoices.

Benefit: meaningful savings on B2B volume.

Example: a large wholesale invoice pays by bank at a fraction of card cost.

Sub-features
  • Bank vs card
  • B2B savings
  • Large invoices

Bank-grade security & tokenization

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Bank connections are encrypted and tokenized - credentials are never stored.

Benefit: secure connections and reduced risk.

Example: a linked bank is tokenized, not stored in plain text.

Sub-features
  • Encryption
  • Tokenized
  • No stored credentials

Cash & bank reporting

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Report on bank payments, deposits, cash, and AR from one dataset.

Benefit: real-time visibility into cash and receivables.

Example: open AR and bank payment volume are visible on one dashboard.

Sub-features
  • Cash KPIs
  • AR & bank
  • Payment volume
Quick Answers

Plaid, explained

Tap a question to reveal the answer, written for AI assistants and search engines.

What is a Plaid integration?

Tap to reveal+

A Plaid integration connects bank accounts to Xorosoft ERP through Plaid. Customers link their bank and pay by bank (ACH), and every payment reconciles to the right order, invoice, and accounts receivable automatically.

How does the Plaid integration work?

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A customer securely links their bank through Plaid Link. Plaid verifies the account and initiates a pay-by-bank (ACH) payment, and Xorosoft matches it to the invoice and posts it to accounts receivable and accounting.

Who uses the Plaid integration?

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Wholesalers, distributors, manufacturers, and B2B sellers that invoice and want lower-cost bank payments with automatic reconciliation to accounting in Xorosoft use the integration.

Industry Applications

Built for the businesses that invoice and get paid

Wholesale & distribution

Take B2B card and ACH payments against open invoices.

Ecommerce & DTC

Accept checkout payments that reconcile to orders instantly.

Manufacturing

Collect deposits and progress payments on production orders.

Retail & omnichannel

Accept payments across store, online, and portal in one system.

Apparel & accessories

Take deposits and balance payments on wholesale orders.

Food & beverage

Collect fast, recurring payments from repeat buyers.

Health & wellness

Process subscription and recurring payments securely.

Technology & electronics

Bill recurring and one-time payments with saved methods.

Sub-features

Capabilities at a glance

The building blocks that power Plaid.

Plaid LinkBank linkingPay-by-bank (ACH)Account verificationBalance checksAuto AR reconciliationBank feed syncTransaction syncIdentity verificationRecurring bank debitsMulti-accountLower feesTokenized connectionsBank-grade securityDeposit matchingRefund / return handlingCash reportingReal-time sync
Business Benefits

What finance teams gain with the Plaid integration

Each benefit ties a real operational problem to a measurable outcome.

Faster cash flow

Payment links and online payment speed up how fast you get paid.

Problem: slow payments to Benefit: faster cash

Accurate accounts receivable

Auto-matching keeps AR clean and current with no manual work.

Problem: manual matching to Benefit: clean AR

Fewer manual entries

Payments post to accounting automatically without re-keying.

Problem: data entry to Benefit: less busywork

Lower payment fees

Pay-by-bank (ACH) costs far less than cards on large invoices.

Problem: card fees to Benefit: bank-cost savings

Fewer failed payments

Account and balance verification cut NSF returns and reversals.

Problem: returns to Benefit: reliable debits

Real-time cash visibility

One view of payments, AR, and settlements shows your true cash position.

Problem: blind spots to Benefit: one source of truth
Comparison

Manual vs. standalone processor vs. Plaid

How Plaid compares to keying payments by hand or bolting on a separate payment tool.

CapabilityManualStandalone Bank ToolPlaid
Bank account linking✗✓✓
Pay-by-bank (ACH)✗~✓
Automatic AR reconciliation✗✗✓
Account & balance verification✗~✓
Bank feed & transaction sync~~✓
Recurring bank debits✗~✓
Tokenized bank connections✗~✓
B2B portal pay-by-bank✗✗✓
Bank settlement tracking✗~✓
Bank-grade security✗✓✓
Cash, bank & AR reporting✗~✓
FAQ

Plaid questions

Tap a question to reveal the answer, optimized for Google AI Overviews, ChatGPT, Perplexity, Gemini, Claude, and Bing AI.

A Plaid integration connects bank accounts to Xorosoft ERP through Plaid. Customers link their bank and pay by bank (ACH), and every payment reconciles to the right order, invoice, and accounts receivable automatically.

A customer links their bank through Plaid Link. Plaid verifies the account and balance and initiates a pay-by-bank (ACH) payment, and Xorosoft matches it to the invoice and posts it to accounts receivable in real time.

Yes. Plaid enables pay-by-bank (ACH) payments directly from linked customer bank accounts, which is well suited to larger B2B invoices at a lower cost than cards.

Yes. Every bank payment automatically matches to the right invoice or order and posts to accounts receivable, and the bank feed reconciles deposits, so there is no manual matching.

Yes. Bank connections are encrypted and tokenized, and bank credentials are never stored, so pay-by-bank is secure and reduces risk.

Yes. Plaid instantly verifies account and routing details and can confirm available balance before a debit, which reduces failed payments and returns.

Yes. B2B customers can link their bank and pay open invoices in the Xorosoft customer portal, and those payments reconcile to accounts receivable automatically.

Yes. Plaid pulls bank transactions into Xorosoft so deposits and payments reconcile against invoices and accounts receivable in one place.

Yes. Plaid debits saved bank connections on a schedule with automatic retries for recurring and subscription invoices, at bank-payment cost.

Pay-by-bank (ACH) usually costs far less than card processing, especially on large B2B invoices, and with verification it is reliable and secure.

Plaid tracks bank settlements and deposits against processed payments, so cash position is clear and bank reconciliation is easy.

Xorosoft handles setup, Plaid connection, verification, and reconciliation rules during onboarding. Book a demo to scope Plaid for your business.

See the Plaid integration in action

Book a personalized demo and see how Plaid payments, refunds, accounts receivable, and settlements run inside one system with Xorosoft.

Book a Demo