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Cloud Apps and Tools To Help you Manage Your Business Easier

In this blog post we look at Xero, a cloud-based accounting app for small businesses, and few useful cloud accounting tools that you can use to make managing your small business a little easier.
 
These online tools should not be too difficult to set up and any changes that you need to make will generally be quick and easy to do.


First off - What is Xero?

Xero is a cloud-based small business accounting software with tools for managing invoicing, bank reconciliation, inventory, purchasing, expenses, bookkeeping and more.


Xero is the alternative to QuickBooks. It’s modern, small business accounting software that lives in the cloud. It’s accessible from any computer or mobile device, making for a smarter and easier accounting process.


The Xero dashboard presents users with a clear and concise overview of their financial situation. It provides small business owners with a greater understanding of their cashflow by highlighting bank balances, outstanding invoices, upcoming bills and expense claims in a visually appealing way.


Daily bank and credit card transactions are automatically imported into Xero and matched to their corresponding accounting transaction. Doing bank reconciliation is as easy as confirming the match is corrected and clicking “OK.”


Every Xero plan comes with unlimited users. No need to pay for extra licenses. Collaborate with colleagues or invite financial advisor to view data remotely and get valuable real-time advice!


New features are added frequently based on feedback from our customers. Automatic updates occur every 3–6 weeks in the cloud, not on desktop. Xero also provides unlimited, around-the-clock email support from an experienced and knowledgeable staff. Xero will convert QuickBooks and Sage data for free when users sign up for a new account


Xero integrates with a variety of third-party apps commonly used by small businesses. Data flows directly into the Xero ledger, removing the time and effort required for manual data entry.


We have compiled a list below, using the knowlege of cloud accounting experts, of some of the best cloud apps that are simple to use and which sync with Xero.
 
Apps That Prove That Cash Is King


If you’re still using Excel to manage your cash flow forecasts, or you just look at your bank balance every day, then spotting gaps and possible shortfalls in cash flow are very difficult.
 
Stay on top of your cash flow projections with one of these tools:


    •    MyCashFlowApp
    •    Dryrun
    •    Float
    •    Mentio
    •    FUTRLI
 
Tools to Take the Pain out of Project Management


If you have a project-based business, you’re probably acutely aware of how important it is to track all the different pieces of a project, and also to know which projects are profitable, and which aren’t.
 
Between Xero Projects and WorkflowMax, you’re bound to find a project management tool that is easy-to-use, quick, and most importantly, accurate.


    •    Xero Projects

    •    WorkflowMax

 

Tools to Make Payments Easier for Your Customers


The right payment tools can help you to get paid quicker with the least amount of effort. Here are four payment tools that you may want to check out:


    •    Payfast: For accepting online payments

    •    Yoko: For taking card payments

    •    Vend: Point-of-Sale & Inventory Management

    •    iKentoo: Point-of-Sale

 
There are many more time-saving apps that connect with Xero. If you need to address another business need, then have a look at the apps listed on Xero’s website. Click here.

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