If you want your business to work smarter and faster, cloud accounting software is a wise investment.

So what is this thing called the cloud?

Think about when you use internet banking. Every time you access this data, you’re using the cloud. The cloud is a platform to make data and software accessible online anytime, anywhere, from any device. Your hard drive is no longer the central hub.

Accounting software shouldn’t be a chore to use.

Small business accounting software that’s not available via the cloud can be tedious. Traditionally, it can suck up far too much of your business’ time and effort. This doesn't add value, and takes the fun out of being in business. Cloud software can save your business time and money.

What is cloud computing?

Cloud security is world class

As a small business owner, you might be concerned about a cloud service provider storing your data. But the cloud is one of the most secure ways to store information. For example, using cloud software, if your laptop is stolen, no one can access your data unless they have a login to the online account. With cloud software, this is where the data lives – as opposed to on your hard drive.

In the event of a natural disaster or fire, being in the cloud means business productivity doesn’t need to be affected because there’s no downtime. All of your information is safely and securely stored off site. As long as you have access to any computer or mobile device connected to the internet, you’re back up and running.

In addition to this, if you invite users to view your data, you can control the level of access. This is much more secure than the old-fashioned way of emailing your files or sending out a USB stick with your data on it.

Person using accounting software on their laptop

Cloud-based software companies ensure that the security and privacy of data about you and your organisation is always airtight. If you use online banking, then you’re already primed to use cloud accounting.

Problems with traditional accounting software

  1. The data in the system isn’t up-to-date and neither is the software.
  2. It only works in one location and data bounces from place to place. For example, on a USB drive. This is not secure or reliable.
  3. Limits on the number of users who have access. Key people can't access financial and customer details.
  4. It's costly and complicated to keep backups (if done at all).
  5. It's expensive, difficult and time-consuming to upgrade the software.
  6. Customer support is expensive and slow.

Problems with traditional accounting software

Why the cloud and accounting software are the perfect match

You can use cloud-based software from any device with an internet connection.

Online accounting means small business owners stay connected to their data and their accountants. The software can integrate with a whole ecosystem of add-ons.

It’s scalable, cost-effective and easy to use.

In the cloud, there’s no need to install and run applications over a desktop computer.

Instead, you pay for the software by monthly subscription.

Why the cloud and accounting software are the perfect match

Five ways cloud software benefits your business

  1. You have a clear overview of your current financial position, in real-time.
  2. Multi-user access makes it easy to collaborate online with your team
    and advisors.
  3. Worry-free maintenance means you can spend more time doing what you love.
  4. Everything is run online, so there’s nothing to install and everything is backed up automatically. Updates are free and instantly available.
  5. Upfront business costs are reduced – version upgrades, maintenance, system administration costs and server failures are no longer issues. Instead, they are managed by the cloud service provider.

Five ways cloud software benefits your business

Work smarter with accessible data in the cloud

The beauty of this software is the flexibility it gives you to run your business from work, home, or on the go. You can be confident that you have an up-to-date picture of how your business is doing, no matter where you are.

Software updates can be developed and delivered faster and more easily in the cloud. This means you don’t need to worry about installing the latest version and you’ll get access to new features instantly.

With cloud accounting software, you have the option to run your business remotely, from anywhere in the world.

When data is fluid and accessible, the possibilities are endless.

Work smarter with accessible data in the cloud

Reasons to switch to Xero

Automated Bank Feeds

It’s easy to reconcile more often

Xero receives your bank statement transactions automatically. You can reconcile from
anywhere – even from bed with the Xero mobile app.

Customised Invoicing

Get paid faster

Connect seamlessly with customers through online invoicing and receive updates when an invoice is opened. Create professional recurring invoices and schedule
bill payments.

Payroll

Smart, speedy pay runs

Superannuation payments and tax updates are automatic. Leave management and the employee portal provide a complete picture of your payroll

Mobile Access

Access your accounting information anytime,
anywhere from any device

Check balances, upload receipts and invoice customers while you're at lunch. Run your business and access your accounts from work, home, or on the go.

Free and automated updates

Worry-free maintenance

Software updates are automatic and seamless. Every 3–6 weeks Xero release innovative new features and enhancements based on ideas from customers

Unlimited Users

Add as many users as you want – it’s free

Work together as a team on financials. Collaborate online with your accountant and bookkeeper to get the advice you need. Invite an unlimited number of people for free.

Unlimited Email Support

Never waste time being put on hold again

Xero offer free unlimited email support from experienced teams. They have teams located in different parts of the world to ensure around-the-clock coverage.

Some of the Add-on Applications Available

  • Online inventory and order management software for smart businesses. Easily manage all your inventory, orders and customers online with TradeGecko.
  • Get setup and accepting online invoice payments with eWAY in as little as 4 days. Receive credit card payments in real time and smash receivables.
  • Create your own events and sell tickets with Eventbrite. OneSaas integration syncs contacts and creates accounts receivable invoices for sold tickets.
  • An online booking and appointment system - allow customers to book and pay directly from your website and Facebook page.
  • Receipt Bank converts those annoying bits of paper – receipts and invoices - into Xero data!
  • If your current system can export a CSV file, CSV2Cloud can import it into Xero. No mess, no fuss.
  • Float is a simple cash flow forecasting and budgeting in the cloud. Syncs with Xero so your forecast is up to date in seconds.
  • Unleashed provides online inventory software for Xero, allowing accurate costs, margins and stock control. Integration with Xero is seamless and easy.
  • Fathom is a management reporting and financial analysis tool which helps you assess performance, monitor trends & identify improvement opportunities.
  • PayPal is a safe, easy way to pay and get paid online. You can accept credit card payments and automatically view and reconcile transactions within Xero.
  • WorkflowMAX is a Xero owned product. Comprehensive online job management solution that pushes sales & purchase invoices, tracking information and contacts into Xero.
  • Automate payroll for businesses with 15+ staff. Tanda employee time clocks calculate how much you should pay staff based on your industry award or EBA
  • Automatically import sales and customer information into Xero from Shopify with Carry The One. Includes inventory support.
  • Harvest is simple time tracking, powerful reporting, and quick invoicing. Trusted by over 10,000 businesses in more than 100 countries.
  • Point-of-sale & inventory software retailers love. Vend is online, like Xero, so there is nothing to install and you can use it on almost any computer.

Get started.

Speak to us about migrating your
current accounting software over to Xero.

Contact Us