Cloud Based Accounting Software & Xero

31/10/2014 Filed under Accounts, IT

summ.it has always striven to use technology in order to make efficient use of both our and our client’s resources. This objective was quickly established with the early addition of IT services to the original accountancy offering. So when cloud based accountancy solutions started to emerge we were of course both interested and eager to see if this new addition to the accountant’s tool box would deliver.

 

Xero software caught our attention early on, due to the dynamic way in which the software functioned alongside the support, assistance and on-going development provided.

 

Cloud based accountancy software, and Xero in particular, opens up the accounts data to businesses in a way not previously seen. Being web based allows access at any time from any internet enabled device. Innovative features offered by Xero, such as the direct bank feeds, enable up to date data to be available to those who need it and in all one place. Xero also has some great little features that assist greatly with credit control, including the ability for customers to access their own account activity online and numerous e-commerce add-ins to speed up both cash collection and allocation. For those who end up with stacks of receipts each month, the ability to use your smart phone camera in order to capture the receipt and directly load up to Xero, discarding the physical receipt, should be of great benefit. 

 

summ.it became a Xero partner in February 2013 and achieved Silver partner status in July 2013, in recognition of our experience and having over 25 clients using the software. Currently we have 37 clients using the Xero software and this is increasing all the time.

 

Both new start-ups and established businesses have migrated to the Xero platform under our guidance. All are seeing the benefits, but the biggest gains seem to be to the established businesses that suddenly have the visibility of records that they have not had historically. We have experienced how this access to more information has led to both real cost savings and to better credit control.

 

If you would like to learn more about Xero and Cloud Based Software and how we can use it to assist your businesses please contact laura.brogden@summ.it

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