Xero: Going beyond expenses and invoices

Xero is a small business bookkeeping and accounting package which offers a number of tools and add-ons that go beyond simply tracking income and expenditure. As these advanced functions are all finance-related, when used effectively they can help deliver additional insights into business efficiency and cash flow.

Payroll management

The inclusion of basic payroll functionality is a godsend for small businesses with a small staff headcount. Simple and easy to use, employers can rest easy in the knowledge that they can complete an accurate payroll run without having to invest in a dedicated application. If the organisation grows and needs change, they can easily select a new plug-in to enhance Xero, adding additional functionality at a later date.

Going mobile

In a small business where the owner needs to wear several hats at once, there are never enough hours in the day – especially if they don’t want to live in the office. Fortunately the Xero Touch smartphone/tablet app allows remote access to accounts data whenever and wherever needed. Managers can ensure invoices and employees are paid on time without having to set foot in the office.

Extending the system

Xero actively encourages users and developers to build useful add-ons, to provide new features that address specific business challenges. From payment card processing using Square, to capturing complete customer relationship management data, you will find an add-on available to complete the function in the Xero Marketplace.

At 3 Wise Bears, we love Xero and so do our clients, so we include it in our fixed price packages at no extra cost. As a certified Xero advisor, we can help you and work together to make your business succeed and grow.