Xero has entered the realm and has started development of artificial intelligence with the ability to automatically code transactions, no-coding invoices, and a chatbot on Facebook’s messenger platform which will enable customers to ask simple questions. The best part? The mobile app is available for free on both Android and Apple devices. The Xero app gives users the ability to reconcile bank statements, invoice clients and capture expenses on the go. Xero offers a sleek mobile app to compliment the web version. These tools cost a fraction of the price, compared to traditional enterprise accounting systems. Xero, in combination with its add-ons, provides business owners with a vast selection of tools, specifically engineered to handle the most convoluted of back-office processes from one convenient platform. Some of the top add-ons include Expensify for employee expense tracking, for invoice and bill tracking, Hubdoc for document filing, TSheets for employee time tracking, and Gusto for full-service payroll. More than 500 add-on programs form the Xero Ecosystem and integrate with the Xero platform. Below are just a few of our favorite Xero features, here at Bookkeeper360:Ĭlick here for a Free Trial on Xero! The Xero “Ecosystem” With Xero on your technology stack, you will have the ability to make informed business decisions, and process complex business transactions, from one simple, aesthetically pleasing platform. Both first-time users, with limited to no accounting knowledge, and experienced CPA professionals, can utilize Xero’s straightforward approach to: invoicing, inventory, paying bills, converting currency, running payroll and so much more. Beyond simplifying user access, Xero utilizes artificial intelligence to make reconciling bank accounts, and coding large amount of data, a breeze. Being that Xero is completely cloud-based, financial data is readily available securely online. Xero is a cloud-based accounting system that offers an intuitive and simplistic platform. What is Xero and How Can Business Owners Benefit from It?
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