For a business to grow, the business owner must maintain a keen eye on financial data to ensure that everything is in order. Managers must also have access to clear, up-to-date, and precise financial information to better grasp different business operations. Xero makes it a whole lot easier to keep track of payments and financial data. That's why many accounting outsourcing companies use it. Here are the 5 amazing features of Xero:
Easy Access
Xero is simple to use, and it is compatible with all platforms. It also includes a mobile app that works on both Apple and Android devices. The app is quick, responsive, and easy to use. It's perfect for people who are always on the go. It also offers free unlimited user access, which is a useful feature for medium & larger organizations.
Better Financial Overview
One of the essential features of the Xero Accounting Software is that it gives you a clear financial picture of your company. Xero provides a unique dashboard display function that lets business owners see a picture of overall expenditure, debtors and creditors, and balance sheets and provide easy links to the most relevant elements of every account.
Customized Add-ons
There are many different integrations that you can add to Xero. These add-ons are accessible through the Xero Store, and by selecting the appropriate add-ons for your requirements, you can create a whole new customized Xero experience.
Multiple currency options
If your company does business internationally, Xero lets you accept deposits and receive bills in various currencies. Invoices and quotes can be sent in a variety of currencies. This might save you time and stress because you won't have to worry about getting the exchange rates right or overcharging or underpaying clients.
Easy Invoicing
In Xero, you can add your logo and contact information to your invoices. You may use Xero to send invoices and take payments online using credit and debit cards, as well as alternative payment channels like PayPal. The advantage of using digital payment gateways over bank transfers is that you can receive payment much faster. It also enables your consumers to process their payments rapidly.