Derive for Xero
Keep Xero. Add one place to work across every entity.
Derive connects to your Xero entities and adds one shared place for purchasing, invoice preparation and approval. Approved invoices post to the right Xero file.
See Derive in action
Accounting records in Xero. Connected work in Derive.
You don’t need to move your accounting. Each entity keeps its own Xero file, and Derive adds the shared work around it.
| Xero | Derive |
|---|---|
| Each entity’s accounting records. | Purchasing, invoice preparation and approval across all of them. |
Bring your accounting context into the work
Derive uses supplier records, account codes, tracking and invoice history from Xero to prepare invoices for review, so the coding reflects how each entity already works.
Keep the approval record with the accounting record
After final approval, the invoice posts to the right Xero file with its supporting documents and the approval record. Payment status syncs back from Xero, so what you see in Derive matches your books.
Connect the purchase order to the bill
Derive syncs purchase orders with Xero and matches invoices against the approved value or lines.
Beyond Xero
If some of your entities run on SAP or Workday, Derive connects to those too.
FAQ
Does Derive replace Xero?
No. Each entity stays in Xero. Derive sits alongside it.
Do our entities keep separate records?
Yes. Each entity keeps its own Xero file, and bills post to the right one.
Can you review our existing set-up?
Yes. We can walk through how your entities are set up and how Derive would connect.