Hi, thanks for visiting the blog page – this is going to be the first of a series on how you can make efficiency savings within your day to day accounting processes, and moreover to make accounting enjoyable!
As you will have probably gathered from my website I just love –Xero Accounting Software
I often get asked why do I love it so much. For me personally here are the 3 main advantages
Cloud Based Accounting
Because Xero is cloud based it can be used anywhere. The cloud is a software that can make data accessible anytime anywhere from any device with an internet connection. This means you are not tied to a PC at a particular desk anymore.
I recently had a meeting with a potential client who had a bookkeeper using a non-cloud based system 40 miles away from the office. He had to ask for financial reports or cash flow reports and usually by the time these were presented to him, they were out of date. With online accounting, current, live data is available at his fingertips it gave him much more control of his business, his debtors and ultimately his cash flow.
With Xero you pay a competitively priced monthly subscription based on your requirements and this will give access to as many users as your organisation requires. You can even invite your accountant or adviser to have access avoiding the need to send hard copies of data over to your adviser and the risks that this may cause.
Ease of use
Xero has been designed for small to medium sized businesses. A lot of small business owners do not have a detailed knowledge of accounting but the layout of the system is logical and extremely user friendly. I was astounded by the ability to drill deeper and deeper into the system to access information. There are many videos, live webinars, help pages and email support. Visit Xero U or Xero TV to to give you an idea of the online support available.
Why not have a quick look at this short video which demonstrates why Xero is so popular with small businesses
Over the coming weeks I will be posting ideas on how you can speed up processing and improve efficiencies within your own organisation