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< News & Insights

6 Big benefits of using Xero - Ad Valorem

4 minutes

| September 4, 2020

Filter by: Cloud Accounting |

Insights

Xero is an efficient and popular accounting software that makes running your business simple. Xero is used by millions worldwide and can be easily accessed anywhere via the cloud. We are proud to be a Xero Platinum Partner and have implemented their software internally. During lockdown alone we have helped over 130 clients to convert to using Xero, with the ‘cloud’ aspect being highly beneficial during the period of reduced functionality. There are many reasons to love Xero, but we’ve highlighted our favourite benefits below. 

Time Saving Capabilities

Modern day bookkeeping and accountancy should be fast and efficient just like the modern-day business owner. Xero gives you the opportunity to take control of your business finances anywhere in the world via a mobile app. With automation and high-performance accuracy, Xero helps to create endless efficiencies by reducing the amount of time you spend manually inputting your business finances.

You are able to view your real time financial details including information such as: outstanding invoices and bills you are still required to pay.

Anytime, Anywhere

Xero has now made it easier than ever to go mobile by giving business owners access to their business finances anytime, anywhere. Using the Cloud, Xero can be accessed on any devise using a 2-step authentication for extra security. All information on Xero is encrypted so only you can see your finances. By downloading the Xero app on your smart phone it allows you to track your finances on the go. With Xero you’re in control. 

Efficiency

Another benefit of keeping your accounts on Xero is the efficiencies it creates. Having your real time financial figures at your finger tips, available anywhere in the world helps to create educated decisions. Through the use of the Xero app you are able to raise invoices and upload and expense receipts as soon as required with the simple push of a button helping you save time.

Instant Financial Reporting

With Xero you are guaranteed fast and updated results upon log-in. Every transaction made, every profit and loss and other information is instantly updated onto your private account. As a business owner you need to be confident the numbers you are seeing are up to date. With Xero, you can have accurate results and information at your fingertips. 

Always Improving

Xero is always testing new ways to improve itself, such as giving regular free software updates to all its users. Xero releases monthly product updates to keep track of any changes, one recent example of this is Xero’s making tax digital connection. With Cloud software there is no need to install or update, all data is backed up automatically. Cloud-based software can be used from any devise with internet connection, keeping small business owners connected with their accountants and data. The software can also integrate with third- party business apps which is not only easy and simple to use but cost effective. Flexibility with remote working is also something that Xero are working on closely, making data fluid and accessible. 

Navigation Made Easy 

Navigating your way through Xero couldn’t be simpler; be it on the app or web. Xero have designed easy click steps to make your experience quick and accessible. All the information you will need about your business finances can be found in the new organisation menu. The menu is clearly displayed and gives you access to files, organisation details, invoices and bank accounts. Xero has also designed a dashboard to show all financial aspects with the help of illustrated and up to date graphs and charts. 

For any further questions or to request a demo of Xero please do not hesitate to contact us.

(E) enquiries@advaloremgroup.uk  (T) 01908 219100

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Wolverton, Milton Keynes MK12 5NN
01908 219100
enquiries@advaloremgroup.uk
  • About
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    • Taylor Roberts
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