Finvisor partners with
XERO for all your accounting needs
Part of running any business is finding ways to streamline and simplify your work day. Using dedicated software for various business processes is one of the best ways to do this! It automates many everyday tasks and frees up time for you to take care of all the other important things you have to do. Accounting and bookkeeping can be complicated and time-consuming, which is why it is one of the areas that many prefer to automate.
We’re here to tell you that it’s not as complicated as you may think! Having dedicated software to take care of your finances will make life so much easier for you. Our recommendation for a strong mid-market accounting software that is scaleable for many startups is Xero.
What is Xero software and how does it work?
Xero is a fully cloud-based platform that can be used on tablets, mobile devices, and computers, allowing you to access the platform from any device, anywhere in the world. You can give access to as many people as you’d like. For example, if you employ a virtual bookkeeper, they can have access to the same data as you do. It also integrates with payment systems as well as over 1,000 other apps.
Xero online accounting software is dedicated to bookkeeping and financial reporting. It automates the day-to-day tasks required for accounting and reconciling. We love it because it’s super easy to navigate, which makes it perfect for small businesses and startups. Once set up, the software automatically performs daily, repetitive bookkeeping tasks like sending and receiving payments, sending invoices, and reconciling books.
Here’s what it allows you to do:
- Connect directly to your bank accounts
- Automates invoicing and financial reports
- Gives joint access to your bookkeeper or accountant
- Pay bills automatically
- Accept payments
- Track and claim expenses
- Understand your cash flow
- Track projects
- Files taxes with ease
Its simplicity and ease of use are great for young startups that don’t directly employ any accounting or bookkeeping professionals.
While the software is designed perfectly for smaller companies, you can scale up your plan to adapt to a larger business. In fact, Xero itself employs around 1,000 members of staff and uses its own software to manage its accounting.
Finvisor offers all of the benefits and expertise of virtual accountants and bookkeepers plus all of our qualified professionals use Xero, so you’re getting our amazing staff along with great software!
Our plans are budget-friendly, meaning you only pay for the services you need. As you scale, our services can scale with you.
There’s never been an easier, more convenient way to get the small business services you need, along with the benefits of Xero.
To learn more about what we do, or to request a quote, contact us at hello@finvisor.com or 415-416-6682. We’re here to help you navigate deferred revenue journal entries so you can make the most of your assets!
*This blog does not constitute solicitation or provision of legal advice and does not establish an attorney-client relationship. This blog should not be used as a substitute for obtaining legal advice from an attorney licensed or authorized to practice in your jurisdiction.*
- Last Modified
- September 21, 2023
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