How can Xero benefit my business?

79So what are the Benefits for my Business?

  • Allows you to create real-time financial reports; all the information you need to hand when you need it
  • Can set up automated bank feeds for effortless bank reconciliation
  • Easily create invoices, record expenses and track cash flow online
  • Not specific to your office computer, easy access to your accounts on your desktop, smart phone or tablet
  • Corresponding paperwork electronically stored with transactions e.g. a HP agreement with a purchase
  • Multi-user access makes it easy to collaborate online with your team and accountant!
  • Everything is run online, so there’s nothing to install and everything is backed up automatically
  • Upfront business costs are reduced – version upgrades, maintenance, system administration costs and server failures are no longer issues. Instead, they are managed by the cloud service provider

So what’s the Cost?

Most TW clients are on the medium package at £20 + VAT per month, including unlimited access, unlimited users, and free automated software updates.

The potential time saving value is considerable. Talking recently to a farmer’s wife, she’s used her previous ‘office time’ spent on farm accounts to significantly grow their diversification business.