Yoco, the payments and commerce platform, has enabled direct integration with stub, the homegrown online accounting platform to automate reconciliations, giving independent businesses an up-to-the-second picture of how their business is actually doing.
By linking stub from inside the Yoco App or by connecting Yoco directly from stub. Once connected, they get an instant picture of revenue, expenses, and cash flow, updated in real time. The result is hours saved on manual processing, faster reconciliations, and cleaner financial records that make for better decisions.
In a statement, Tayla Dandridge, Co-founder and CEO, stub said, “The integration between stub and Yoco closes the gap between running your business and doing the books, allowing businesses to claim back the time they are losing due to fragmented systems and manual data capture.”
“Along with partners like Yoco, we are building an ecosystem of tools that just work for South African entrepreneurs and provide them with features and functionality for which they have been waiting for a long time. This partnership exemplifies how local tools should work together via deep integrations that power superior customer experiences,” Dandridge added.
stub categorises each transaction, matches payments to invoice numbers and tags every sale with location data. Independent business owners no longer need to export files, capture data manually, or reconcile transactions across different systems. They can also see which location or device is performing best.
The integration makes a real difference for the coffee shop owner running three locations, the market trader with multiple devices, or the tradesperson whose business lives in a personal bank account. For busy entrepreneurs, moving from paper in shoeboxes to live transactions updating in real time opens up room to grow, access credit, and get admin off their plate.
Eugene Coetzee, VP of Engineering at Yoco, says: “It’s exciting to integrate the solutions of two South African companies that truly care about independent businesses in this country. By adding another accounting integration in stub, Yoco is expanding its support beyond payments even further. This is another example that adds to us being the smart commerce platform of choice for independent businesses.”