March is Dummies month here at Booktopia, where you can unlock your everyday genius with up to 30% off RRP on selected Dummies guides, for a limited time — including Xero For Dummies, a guide to one of the world’s most popular online accounting software programs by technology and lifestyle accountant Heather Smith!
Today, Heather Smith is on the blog to share the six apps that she believes every small business owner should be using. Read on!
6 Apps for Small Business Owners
Embracing smart cloud apps can automate mundane, repetitive tasks, help you track and control your cash flow, and give you the flexibility to work from anywhere, freeing you up to build your dream business.
Xero
Xero is an online cloud accounting solution you can access on the browser of your PC, MAC or smart device. It does everything you’d expect of an accounting solution and more. Bank, credit card, and PayPal details feed automatically into Xero, reducing the need for data entry. People love reconciling in Xero; it’s like playing a game of snap. With permission, unlimited users can access a Xero file. So you can easily outsource bookkeeping to a Registered BAS Agent engage a Tax Accountant and a Trusted Business Advisor while maintaining complete control over your business data.
Xero integrates with over 1000 business Apps listed on the Xero MarketPlace, enabling you to build out a secure cloud-based business platform.
MinuteDock
Using the time tracking tool MinuteDock, you can track every second of billable and non-billable time worked in your business and simultaneously allocate it to clients, goals, and projects. All billable time against a client can be consolidated into a detailed invoice and pushed across into Xero. Fast, accurate invoicing speeds up the inflow of cash, which is essential for business survival.
DiviPay
As you’re building out your team, the virtual card solution Divipay can help you control spending and manage cash flow. It enables the business to issue virtual corporate cards swiftly. Then, when a team member spends money on the card, it prompts them to take a photo of the receipt and attach it to the expense. Your bookkeeper will love the streamlined and complete expense reporting, and it connects and pushes into Xero seamlessly. DiviPay empowers your team, helping you grow your business.
Paytron
Minimise mundane admin time wasted around accounts payable by using a solution like Paytron. It scans your bills, extracts relevant data, pushes the invoices through a robust approval payment process. In addition, it provides global multi-currency batch payments of accounts and payroll options, and when it pushes relevant data into Xero, it’s auto reconciled. So it does a lot of heavy lifting in the accounts payable department.
XBert
XBert uses cutting-edge technology to run 60 AI-driven checks on your Xero data and workflows, alerting you to potential errors, issues and risks. Essentially it’s a data auditor providing alerts that can spark a dialogue with your bookkeeper, BAS Agent and accountant about best practice bookkeeping and accounting standards, ensuring your data is clean and accurate.
Fathom
Fathom is a plug and play solution that connects to your financial and non-financial data, providing management reports, analysis, enabling three-way cash flow forecasts, and multi-business consolidations. Effective automation and integration surfaces visual information for fast, informed analysis and decision making, so you can monitor business performance and stay ahead of the competition.
When starting and growing a business, embracing innovative connected technology can be like your first few employees—those who love mundane, repetitive processes and never need a break. Xero provides a launchpad to give you the freedom and flexibility to grow and build your vision sustainably.
—Xero For Dummies (4th Ed) by Heather Smith (Wiley) is out now.
Xero For Dummies
4th edition
Get up and running with Xero in a flash! Xero is fast emerging as the leader of online accounting software around the world, representing a serious challenge to MYOB, Sage and Quickbooks. Xero For Dummies provides you with all the information you need to set up your own Xero account from scratch, convert to Xero from another accounting software provider or start using Xero to its full potential...
Comments
No comments