Cloud accounting software
Introduces
We’ve just announced a new partnership with Xero.
This presentation will explain what Xero do and why we’ve partnered with them…
What is cloud accounting?
Most businesses either use spreadsheets to manage their finances, which can be clunky...
...or desktop software which can be old fashioned with
lots of limitations.
Cloud accounting software is different to desktop, it is
accessed using the internet.
Cloud accounting has experienced rapid growth over
the past 3 years.
Accounting data is securely stored on third party servers, often referred to as ‘the cloud’.
Therefore, the only requirement is a working
internet connection…
So your data can be accessed anywhere, from multiple types of device.
With this type of software accountants and business
owners can always stay connected…
…and share data in a fast and efficient way.
Multiple users can work simultaneously from more than one location and computer
Xero was founded in July
2006 in New Zealand
…and are now global company with offices in the United States, United Kingdom, Australia and New Zealand.
They quickly grew…
Xero is now seen as the leading cloud accounting software
provider in this space.
284,000 users world wide
This number increased by almost 50% in 2014
The number of Xero accountants
11,573
Almost doubled in 2014
Xero provides great new opportunities for businesses and accounting partners to
connect via the cloud
http://www.xero.com/uk/partners/
Accessed from multiple devices.
For instance, Xero have an easy-to-use mobile app
So, what are the advantages of using Xero?
Relationships and communication between
accountants and businesses made simpler
A higher level of security
No more emailing confidential data, or insecure USB sticks
Automatic updates mean Xero is scalable, cost
effective and user friendly
Everything is backed up automatically and stored on
the cloud
Xero connects with your bank account. Transactions appear automatically and match up
Plus, because your data is stored in the cloud you’ll be able to
connect to other services with it.
Xero has partnered with lots of other digital services so you can
easily upload and manage all your data.
These are called ‘add-ons’.
Add-ons allow you to manage all aspects of your business using the applications they have integrated
into their service…
http://www.xero.com/uk/add-ons/
…you can manage your CRM, Payroll, purchasing,
invoicing and (guess what?)...
…MarketInvoice has recently partnered with Xero. You can
trade your invoices almost instantly in just a few clicks.
http://marketinvoice.com/xero/
This new partnership makes using MarketInvoice even faster, simpler and more
accessible.