Your invoice finance facility has no Xero feed. Import its statements as one.
Most invoice-finance integrations pull invoice data out of Xero to make funding decisions; very few supply a bank feed for the finance account itself. The advances, collections, fees and retentions have no clean route in. StatementClear posts them into Xero as live bank feed lines.
An invoice-finance facility moves money constantly - advances out, collections in, fees deducted inside the account - and none of it reaches Xero on its own. Every month someone rebuilds the funding account from the platform's exports, and the books drift a little further from what the platform says you owe. StatementClear turns those same statements into a live bank feed in Xero, so the facility reconciles like any other account.
Why invoice-finance platforms rarely have a Xero feed
Some invoice-finance providers have built Xero integrations, but these mostly pull invoice data out of Xero to make funding decisions - very few supply a bank feed for the finance account itself. In most cases the funding account, with its advances, collections, fees and retentions, has no feed and no clean way into Xero.
Invoice-finance exports are built for credit control, not bookkeeping. The platform typically runs more than one ledger - a sales ledger, a current or funding account, and an availability figure - and only the current account represents real money movements that belong in a feed. Advances arrive as a percentage of invoice value, commonly 80 to 90 per cent, with the retention released when the customer pays; service fees and discount charges are deducted inside the account rather than invoiced separately. The exports often lack a running balance and mix ledger movements with cash movements, so a naive import double-counts the facility. StatementClear maps the current-account columns once, balance-checks line by line, and posts only genuine movements into the feed.
The manual way, every month
- Log in and export a statement (and hope the format didn't change)
- Reformat columns, dates and signs until Xero's importer accepts it
- Upload the CSV into the right account and pray nothing doubled up
- Eyeball the balance, fix what broke, repeat next month
And after all that, it still isn't a feed - it's a one-off import you'll redo next month.
The StatementClear way: a real feed
Upload the statement and it posts into Xero as a live bank feed through Xero's Bank Feeds API - deduped, balance-checked and ready to reconcile. Not another file to import. Converters hand you a CSV; this arrives in Xero the way a bank feed does.
- Step 1
Connect Xero
Link your org and pick the account that has no feed.
- Step 2
Upload your invoice-finance platform statement
PDF, CSV or Excel - whatever you can export. Map the columns once and we remember the mapping.
- Step 3
We check it first
Duplicates are skipped, the running balance is verified, and sign errors are caught before anything posts.
- Step 4
It lands as a feed
Clean lines arrive in Xero through the Bank Feeds API, ready to reconcile.
Questions about invoice-finance platforms and Xero
Related accounts
Stop importing invoice-finance platform statements. Start feeding them.
Tell us how your invoice-finance platform setup is structured and we'll get you connected.
Browse every bank and platform or read the Xero bank feed guides.