5 reasons small SMEs and Startups choose Xero Cloud Accounting
5 reasons small SMEs and Startups choose Xero Cloud Accounting – Xero Accounting software is now one of the more popular software around the world and in Singapore. There are many reasons why they are preferred and we will now share more about the great features of this software that allows small businesses and startups to thrive and how it will help the businesses that choose this software to do better than the rest in terms of competitiveness and reporting.
1. Having the flexibility of location and time
When you use Xero, you can issue you invoices and quotations wherever you are and whenever you want. This is one of the best features. Sales staff are always on the go and there are many requirements that only they are aware of. Customers demand fast response and also fast issuance of documentations.
There are many reasons why you should be fast, you get to close the deal and you give the customers a great impression of your service standards.
The application of Xero allows you to issue your invoices wherever you go!
2. Checking cashflow and being paid at a faster pace
You are able to check how much cash you have in the bank and make a decision how to use the money and whether you even have enough to transact in certain businesses. You are also able to allow online payment through payment gate ways such as paypal to get paid faster and easier instead of just using traditional methods of cheques and cash methods. Also with the daily update of the bank statement from banks such as DBS and UOB. You are able to be aware the next day if you’re paid, when you are paid you can use the system to do your bank reconcilation easily and help you to monitor how well or how badly you are doing cash wise.
This prevents over spending and also being in the idea that you know how much cash reserves you have for doing the expansion of your business and also knowing when you are spending too much and need to watch out for it.
3. Work with Advisors to get better advise on accounting
Xero Advisors are accountants who are professionals in Xero software and they can advise you not only in how to use Xero to improve your business productivity but at the same time to have you work closely with them to give the best results for your business based on how your accounts are performing.
When you are working on a business sometimes you ignore things that are happening within the numbers and its the numbers that can make or break your business. Most people do not realize that if they do not take a good look at their business, they will end up in debt or be paying too much for something that does not need to cost so much.
This is one good reason why people work closely with advisors to provide them with new insights on their business to help them better manage their whole business as a whole.
4. Xero is growing as you are growing
Xero is a company that is coming up with new features every new year and there are feedback loops that allow it to continuously grow with the needs of its customers which is you and me. We as advisors are the ones that give feedback on how to better improve our productivity. Same for paying customers, the feedback allows Xero to make tweaks and also add-on features that will better help businesses to do up their accounts and at the same time be able to give a better response to the use of the software.
Xero is funded with a great vision and plan to be one of the leading cloud based accounting software in the world.
We grow with Xero and you will grow with Xero too!
5. Affordable and does not increase in cost as you grow
Cost is constant for Xero software and this is one thing that most people will be concern about. The price is affordable and if you use our accounting packages, the prices are actually included within the price and the software price is absorbed by us.
We aim to be affordable and also an one-stop shop for people who require help with their management services needs and this is one thing that many businesses do not realize that they can just go to one place to get everything done up properly.
K Cloud Accounting is proud to have become a Bronze Partner of Xero in two months and will strive to work harder for our clients to grow and build their businesses together.
We look forward to working with you and your team to provide you high quality accounting services.