100 ’ S OF EXPERTS , XERO HASSLE
Running a business can be hard work – so much to do and not enough time to do it all . So , what if there was a way to access specially tailored advice and resources at your fingertips ?
Accounting is one of those things that can
take up lots of time , with constant updates to legislation and regulations to keep on top of , as well as invoicing , inventories and everyday issues to contend with . By working with an accounting system like Xero , you can choose from hundreds of apps to handle every aspect of your business accounting , safe in the knowledge that it is up to date , secure and will work with the rest of your accounting suite .
The XERO ECOSYSTEM
Purple Lime are Xero Gold Champions and can provide the roots for the rest of your accounting to grow from . Think of it like a tree – you feed it with your information and data , and this gets absorbed into the trunk of the tree , your Xero software . This is the central place where all your information is held , and what everything else leads back to .
However , if you need something more tailored to your business type or particular needs , you can branch out and choose from over 800 apps , all compatible with the central Xero software .
The experts at Xero have developed lots of apps themselves to deal with specific aspects of accounting , and the software can also integrate with a huge range of third-party apps – some of which you may be using already . Whether you use Xero ’ s own offerings , or the third-party integrations , the Xero marketplace will help you find the best solutions for you and your business .
The result of this is blooming marvellous management information and reporting , enabling timely and accurate decision making ! The Xero ecosystem can use the information you provide and produce easy-tounderstand reports and tools to make managing your business easier .
By investing in the Xero ecosystem , you will be joining over 2 million users , including small business owners and accountants in the UK and worldwide .
Whether you need something to monitor your inventory , or a way for staff to log their hours , Xero has a solution which you can access via your phone at any time , wherever you are .
How the Xero Ecosystem Can Help Your Business Grow
REINVENTING INVENTORIES One example of how Xero and related apps can help is in regard to how you monitor your inventory . By using a third-party app such as Vend , Dear , Unleashed or Epos Now , you can combine your sales , orders and inventory tracking into one handy app , while the data the app produces is fed back to Xero to be used for invoicing and payments .
Apps like these can be particularly useful if you have multiple sales channels and can also be linked to your point of sale , making the collecting of information even easier .
CREDIT CONTROL Once you have made the sale and sent the invoice , Xero can help to make sure you get paid . Apps such as GoCardless , Chaser , Soldo or Stripe can make it easier to collect payments either through automating payments , providing alternatives to card payments or automatically sending reminders for outstanding debts .
BETTER BANKING However well you plan for your business , the unexpected can always come your way . When you need to find finance quickly , a service such as Satago could help , releasing invoice finance to aid cashflow . Other apps such as Telleroo can help reduce the opportunities for fraudulent activity , and Iwoca can offer loans to small businesses using the information held by Xero to assess your business – saving time and paperwork associated with applying for a loan . This is just a snapshot of the many apps and types of assistance Xero can offer , there is a whole world of apps to explore – and if you need a guide , Xero Gold Champions Purple Lime can help you identify your needs and find the best solutions for you .
To discuss how Xero could make running your business quicker and easier , contact Purple Lime by emailing hello @ purplelime . uk . com or by calling 01249 691360 .