If you don’t have an accountant or bookkeeper, Xero can also help you with that too, through their extensive advisor directory. You can even use Xero’s video conferencing feature to share data with investors in a fast and efficient way. Through this new technology, your finance team will be able to access your financial figures, which means they are always there to offer support and solutions when it comes to making important business decisions. Xero’s open ecosystems allow you to harness the power of collaboration and build a stronger relationship with your accountant or financial advisor through collaborative cloud tools. Share databases, credit card numbers and more, safe in the knowledge that your sensitive information is securely stored in a data server. Also, you know you’re up-to-date when it comes to the latest version of the software, which ensures that your version is compliant with new legislation and any changes to tax rates.
With Xero accounting software, because your data is safely stored in the Cloud, you don’t need to worry about corrupted drivers and your computer breaking down or being stolen. The problem with software like Sage is that it is designed for desktop use, which means that that your data needs to be constantly backed up. Make the most of features such as project time-tracking, receipt management, and automated purchase orders. Thanks to its user-friendly dashboard, simplified financial administration tools and features, Xero breaks down your important business data into digestible information. Designed with small business owners and start-up companies in mind, Xero offers a more accessible, streamlined platform for meeting your day-to-day accounting needs. Sage was initially designed for accountants, and because of this, to make the most of Sage software, users need to have specialist knowledge of accounting principles and practices. User-Friendly Accounting for Small Business Owners While Sage 50 accounting does offer cloud-based solutions, you will have to upgrade to the Sage 50 plus package and pay a monthly fee to use this feature.Ģ. It is because of this flexibility and convenience of being able to access your data anywhere, anytime, that so many people are making that switch from Sage to Xero. This way, you don’t even need to be in the office.
Xero data isn’t restricted to a local drive it is securely stored in the Cloud, which means that an overview of your financial information can be found on your phone. Unlike Sage, with Xero online accounting, you don’t have to be at a laptop or computer to access important business information. Immediate Access to Important Financial Data Read through this practical guide to find out why Xero is the hero of modern accounting solutions!ġ.
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