Xero is the cloud accounting software that really did descend from the heavens. Blessing small businesses everywhere and taking all the time, stress, and boredom out of bookkeeping, invoicing, payroll and more. As Xero accounting experts, we could sing its praises until the cows come home, and why we love using it for all the creative clients we work with. But what you probably want to know is exactly what makes Xero the go-to accounting software, and why you should choose it over all the others on the market. So we have put together a few reasons why Xero takes the number one spot as the best accounting software for small business.
You are up and running in no time
Time is money. We all know that. So the last thing a creative business wants to be doing is faffing around trying to get the likes of their accounting software set up. It’s about as fun as a Monday morning meeting. Xero eliminates this frustration by offering a hassle-free setup process.
It takes just a few hours or less to get up and running. Simply enter your details, agree to the terms and conditions, and away you go. Add your customer and financial info, link your bank account, and make any desired adjustments. Then all your business accounting is ready to roll. If you want to find out more about how to set up your Xero account then read our handy guide.
You won’t believe how simple it is
Let’s face it, your business accounts can get complicated. Having to chase up overdue payments, make sure your staff are paid, and add up your expenses, all while making sure your business remains in the black can get extremely stressful.
Xero makes this simple in so many ways. It gathers all your information and documents in one user-friendly and paperless platform. From automating payments to calculating VAT to easily uploading expense receipts, Xero makes everything remarkably simple and gives you a much better understanding of your company’s finances.
You can depend on it
As a small business, you have to learn to roll with the punches and expect the unexpected. It can get very stressful making sure that everything is running correctly. That’s where Xero comes in – the reliable friend you can always depend on in the format of a cloud-based accounting software platform.
Using Xero means you don’t have to manually back up any of your financial data. Everything is reliably stored in the cloud, serving as a business’s financial hub that is accessible from anywhere. All you need to access the finances of your small business is a computer, tablet or smartphone. Plus with the mobile app, you can get a rundown of your finances ready at the swipe of a finger.
Your business will be in safe hands
Knowing your accounts are secure is a must for any small business, with tons of private financial data you definitely don’t want it to get into the wrong hands. Because who knows what those pesky cyberhackers will do with all your juicy business information.
Luckily Xero’s security has more layers than lasagna. They encrypt your data so it’s completely unreadable and store this secret code in several online locations. Multi-factor authentication on your tablet or smartphone means that even if someone gets their hands on your username and password they still won’t be able to access your account details.
Xero also allows you to invite people to view your data but you control exactly what they see. Along with 24/7 monitoring of your accounts to make sure there is no funny business. So you can feel safe in the knowledge your accounts are being securely looked after. This makes it much more simple and safe if you need to share your data with third parties like a marketing team or consultancy firm to help your small business grow.
You can synchronise with other software and apps
Small businesses use a bunch of different software and apps to keep everything running like the well-oiled machine that it is. So, having accounting software that can seamlessly synchronise with said software and apps is a huge advantage.
Xero can integrate with a whole host of apps, whether it be analytics apps like Fathom, to help strategize on what is and isn’t working for your business, or E-commerce platforms like Shopify for running your online storefront. Xero can integrate with thousands of apps, so your business can run smoother than honey.
Find out about some of the best apps to use with Xero in another one of our blogs here.
Or, read on expert guide on how to use Xero so you can make the most out of your account.
So, there you have it. Now you know why we consider Xero to be the best accounting software for small business. But we know what you may be wondering: “If it’s so simple and easy to use, why do I need a Xero accounting team to run it?”
Well, at the risk of sounding too much like Liam Neeson in Taken, we have a very particular set of skills – and these skills let us get the best out of Xero for your business. Leaving your Xero accounting in our very capable hands means you can invest your time in other areas of your business, taking it to even higher heights and helping it make the step from small business to SME.
So if you are a small business looking to get your finances in order, get in touch. We can take care of all your accounting needs, so you can focus on the more creative stuff.