Why Xero is a winner for business owners
It’s not often that a product comes along that revolutionises life for small business owners, but Xero is such a product.
For those that may be in the dark, Xero is an accounting software program, which is hosted online, in the cloud. What this means is that data is secured stored and easily available and constantly updated. Xero has really opened up the communication and information channels between business owners and bookkeepers, as it allows both sides to see real-time information.
You can access your information on any device – your desktop computer, laptop, tablet or smart phone.
Xero has also formed partnerships with a number of banks, so that your bank feed integrates with the system – making the process of matching payments quick and easy! Xero can then provide you with daily reporting, rather than waiting until the end of the month. This is a great asset for cash flow management!
You can run your payroll through Xero, enabling you to ensure you are compliant with the law in terms of filing tax declarations, superannuation etc. Your employees are able to submit leave requests, input their timesheets, view payslips and more!
You can set up budgets and track how you are performing against them, view dashboards and smart reports, as well as set up all your inventory within the system.
Their catch phrase is ‘Beautiful accounting software’ which is such a simple and straightforward motto for their business offering. They have taken the complex realities of accounting and bookkeeping and created something that is extremely user-friendly and well designed.
Love Miss EBS xx
If you now realise that Xero would be a winner for your business, give us a call to discuss how we can transfer your business over to this beautiful product!
- Posted by Deborah Jensen
- On March 30, 2016
- 0 Comments