Why We Believe Xero is a Game Changer
Our team has used various accounting software packages over the years and we have used Xero now for over 3 years. During this time we have seen Xero grow significantly in functionality and spread rapidly into New Zealand SMEs. Through our own experience, feedback from within the Xero community and our clients, we have compiled our own Top 10 reasons why we believe Xero is a game changer.
Our Top 10
1. Live Bank Feeds: Started by Xero, live bank feeds revolutionised the way users now reconcile bank accounts, gone are the days of manual bank reconciliation against paper statements
2. Automation: Through bank rules, suggestive technology and matching, Xero has taken automation to the next level significantly reducing manual data entry. Our experience suggests at least 30% plus reduction in manual data entry by our clients, now that’s a game changer
3. Simplicity: Through significant spend on product development Xero has provided a beautiful cloud platform with a simple to follow user interface
4. Low Cost: Xero is subscription based meaning you pay for what you use, at $50.00 + GST per month Xero is a low cost platform with significant functionality
5. Latest technology: Xero upgrades its platform regularly and these upgrades cost nothing they are covered by your subscription, meaning you always have access to cutting edge technology
6. Single Ledger: You can invite your accountant or bookkeeper to collaborate with you at any time using the same data file by simply inviting them as a user, no more transferring data files at year end and they can log in and help you at any time using any device
7. Scalability: If your business is continuously growing Xero can accommodate this growth meaning you will not have to upgrade in future. Furthermore, many desktop accounting platforms are becoming unsupported in the near future, so now is the time to upgrade to a scalable latest technology accounting system.
8. Xero Add-On Capability: Xero has built a vast eco-system of Add-On application partners, this means you simply add on what additional functionality you need allowing for further efficiency gains
9. Security: Xero is IRD security tested and approved and uses the highest level of data security for its clients, your financial information is safe and secure with regular back up’s and restore points set
10. Accessibility: Xero is accessible anytime and anywhere using any device, thus you can access and monitor your financial information, bank accounts and receivables whenever you want.
