Xero is a cloud-based accounting software platform for small businesses with over 3 million subscribers globally. Through Xero, small business owners and their advisors have access to real-time financial data any time, anywhere and on any device including your phone via the Xero Touch app and your team can all work on Xero at the same time.

Xero offers an ecosystem of over 1,000 third-party apps and 300 plus connections to banks and other financial partners to provide business owners an array of tools to manage various business tasks.

What can you do in Xero?

You can customise sales invoices and statements. It is easy to email your invoices to customers. If you want to encourage your customers to pay you more quickly then get set up with a payment provider through Xero Add-on Partners, such as Paypal or GoGardless, and enable your customers to pay you by return.

Provide quotes to your customers directly from Xero and convert these to invoices when the job is done.

Track your stock using the inbuilt inventory control, or if you have more complex stock management requirements then use an Add-on Partner.

Live bank feeds save time by importing your bank statements directly into Xero. Dealing with the necessary evil of reconciling your bank account becomes almost a pleasure with the use of bank rules and the Xero ‘brain’ that does the hard work for you.

Xero’s “tracking” facility enables you to monitor the financial results of the separate parts of your business, such as departments or outlets.

You can attach or directly email files to Xero and store them in Xero helping you to achieve a paperless approach to running your business and reduce your data backup costs.