In this modern workplace, a good accounting software is a vital need. Xero is one such software. It is simple to use and helps you regain control and streamline invoicing, payroll, inventory, and more.
With a simplified dashboard for phones, tablets, and desktops, Xero provides you with capabilities to redefine how you work and will definitely improve your work life.
Here are five ways that Xero meets your needs and expectations:
Good Project Management
Poor project management brings a firm to its knees. This, after all, comes down to the sheer magnitude of projects companies have to deal with and how costly they are. No business would want this to happen. This is why you should use Xero Projects to keep projects running efficiently and within budget. Xero’s Project feature allows you to keep a thorough check on your various projects without getting overwhelmed. The easy-to-use interface helps you find out how profitable you are on a project-by-project basis.
You can assign expenses in just a few clicks and locate them. You can also allocate important receipts and record deposits so correct billing can be done. In a nutshell, your projects can be integrated seamlessly and effortlessly with your Xero accounting software. What’s best is that it only costs $7 for one user per month.
Clients love it when all your important documents are securely kept in one place. Xero makes this possible, which means you do not have to stack the paperwork. Due to cloud storage, this accounting software helps you access data from anywhere around the world.
More so, Xero has intuitive integrations, making paperless working possible and reducing the clutter. The auto-entry and receipt bank capture helps reduce time by capturing your receipts and incomes in almost no time. It also extracts important data from the accounting statements and makes reconciliation much easier. With Xero, the bills can be forwarded directly into the billing module as payable bills, which reduces paperwork for you.
Good Time Management
It’s always important to keep track of the tasks assigned to each employee and how many working hours they are permitted for each task. If the employees are working for longer hours, it can reduce the probability as they will have to be paid more. Doing such a work by yourself can be a very tedious process. The good news is that with Xero, you remain stress-free. You will not require a separate application to track the hours your employees might be working.
With Xero, you will be assigned an ID within the app, which will help you track the working time of each employee. So, in short, this accounting software makes it easier to determine how long a project will take and precisely how much it will cost.
It is obvious that the cloud is still a huge thing for many clients. The cloud provides exceptional communication. Clients can easily keep their accountant connected to Xero all the time, from anywhere around the world. This can be very beneficial for competitive companies where it is essential to make quick but informed decisions. Xero also has two-factor authentication, which many clients prefer as it provides them with added comfort.
All in all, clients do have strong opinions on the user interface design of Xero. But, one thing I can surely tell you is that it definitely helps you “Do Beautiful Business,” which is the brand slogan of Xero. It has also proved its ability to create a beautiful mobile version with friendly functionality. This accounting software is sure to help all kinds of clients working in all types of industries.