What is the goal of every business owner? Surely it is to be more efficient with lower overheads and easier management of information. If you are a company that is running Xero accounting software, you no doubt already have these in place.
If you are not running Xero, here is your opportunity to discover the benefits.
Key Advantages in Running Xero
Many business owners find themselves technologically challenged with all of the new advances available to businesses. They are developed to make our lives easier, but learning about them is the hard part.
Xero, for example, was developed as a solution for businesses struggling with keeping up with their business financials. It has also been significant in lowering staff costs because of it being easy to use – after being trained to use it. Xero costs relatively little every month, which when weighed against the many processes it automates within your business such as manual bank reconciliation, you could save between £10k to £15k per annum – as well as obtaining information much more quickly and simpler.
Xero’s key benefit is that it is cloud-based and has no IT issues affecting its use. That is something that many people running Sage often complained about. With add-ons, Xero can ultimately transform your business, at the very least your significant efficiencies will be achieved.
An additional benefit is that your whole business will feel like it is running a lot smoother by using good, reliable systems and software, taking away your stress and giving you the control that every business owner needs.
Migrating a company’s accounts may sound like a painstaking exercise, moving all the accounting data such as full sales ledger and transactions for years past. The amount of time it takes comes down to being either straightforward or more complex.
If this kind of action was mishandled, it would cause errors and problems for the business, but migrating right can be achieved in a very short period up to a few days. A helping hand from your bookkeeping services will be able to make the process much smoother and more professional.
There is more to taking up Xero than reading an instruction manual and getting to it. There is a bit of training for use that everyone will have to undertake.
The good news is that it is a great software tool, designed for non-accounting trained users and is fun to use once you have completed some training with it. Bookkeeping services in Manchester provide training for Xero accounting software in line with your regular bookkeeping.
For enquiries about incorporating Xero into your business, contact the team at Pebbles Bookkeeping today.