With the last two years we have had, It is becoming more and more important for business owners to know and understand what is in their financials and how to improve their cashflow. Xero can help! If you're not already using Xero, now is the time to start. Here are five reasons why we think you'll want to sign-up.
1. Work where and when you want to
Whether you want to use your smartphone or tablet, or your PC or Mac, Xero lets you keep on top of your business finances wherever you are. Xero also works hard to ensure you – and anyone else who needs to access your finances – are working off the same data, wherever you are, whenever you want.
2. Improve cash flow and get paid faster
Every business needs to get paid, and Xero equips small businesses with tools you can use to get paid faster.
Go beyond “traditional” printed invoices and start using online invoices. Rather than send your customers a PDF file – or, worse, a printed document – you can send them an online invoice. The advantages? Not only is it faster, you can also see whether they’ve opened it, and they have the ability to pay you online through your invoice. The faster the process, the faster you get paid.
3. Let Xero do the heavy lifting while you sleep
Smart software should be easy to use and also work behind the scenes to help you save time. Let Xero perform those tedious, repetitive tasks that take you away from doing the things that can add more value to your business.
If you use invoicing, then Xero’s automated Invoice Reminders can do the chasing for you. If your customers take a while to pay you, or you are spending hours chasing overdue invoices, then Invoice Reminders is a must-have. It will automatically send an email to your customers if an invoice is overdue (or about to become due).
4. Collaborate with your advisors
Using Xero means you have a single set of data that both you and your advisor can work from. This means you’re both seeing the same set of data at the same time. This saves you from having to export data and send it to your advisor – as soon as you sent it, it’s likely out of date.
What’s more, you’re free to invite your advisors into your file at no additional cost – we make it easier than ever to collaborate with those who matter.
5. Xero grows with you
Whether you’re just setting up your business, or you already use multiple systems, Xero’s ecosystem can help you. Xero works with more than 500 products so you can craft a solution that meets your needs.
Whether it’s integrating with your email (Xero integrates with Gmail and Office 365) or you want to use specialized systems – such as customer relationship management, inventory or industry-specific solutions (such as Vend or Shopify), then Xero’s add-on marketplace gives you the flexibility to create a mix that meets your business’s specific needs.
Need help making the move? Malloch McClean is a Xero platinum partner and approved advisor and we can help make the move to Xero a breeze. Better yet, we can transfer any historic data from your old accounting software. Once set-up is complete, we then provide complimentary training to help you get the most out of your accounting software. We will teach you how to use the reporting function and much more so you can start improving your business performance straight away. Get in touch If you want to know more about how Xero and Malloch McClean can help you and your business get ahead faster.
Written by Jesse Hall