We spoke to partner Neil Whittingham about the strengths of Online Accounting and the plethora of connected apps which can be used to drive forward the reporting process.
Following the development of the leading cloud and online accounting packages it has become much easier to improve the level of management information available to business owners at a relatively low expense.
Gone are the dark days of checking the bank account to get an understanding of where your business stands.
Whilst the bank remains as important as ever the development of accounting applications and artificial intelligence means you can harness this power to produce key management information at the click of a button.
“Many clients aren’t aware of the efficiency savings available as a result of cloud accounting and integrated applications.
“Quite often there is a fear of the unknown and in particular new technology but we find that with our support as your accountants we can help to overcome that initial fear.
“We offer full training and assistance with the integration process and we’re always on hand to help with day-to-day issues that may occur.”
“Here at NR Barton we have a team of nearly 30 cloud certified staff who are on hand to help with the integration of cloud accounting and the supporting applications.”
From cash flow forecasting and projections, to sales integrations, to credit control to stock and project management, there are a host of integrations that can assist with what matters most to your business.
It is the aim of this article to highlight a cross section of some of these applications and how they can be used to save time in your business.
Receipt Bank and Xero work hand-in-hand to bring you a comprehensive accounting and best reviewed app partner, Receipt Bank helps thousands of businesses around the world save time with their book-keeping by scanning receipts straight into Xero.
We use Receipt Bank with a large number of our clients to help speed up and automate much of the data entry process for both purchases and sales invoicing. Once the artificial intelligence is set up and installed correctly Receipt Bank can reduce the burden on your accounts team.
Castaway is comprehensive, intelligent cashflow forecasting software that helps you make sound decisions in your business. way reporting and business modelling approach keeps the integrity of your forecasts with double-entry accounting. Castaway helps you to tell the story of your business with graphic reports and stunning dashboards.
Because the application links directly to your Xero accounts it means that your forecasts are consistently updated with actual figures on a live basis.
TidyBuild, TidyWork, TidyStock and Tidy Enterprise
Tidy software covers project, inventory and construction management, and integrates seamlessly with Xero and a large number of other software solutions. The result is no more double entry, no more spreadsheets and clear control of roles and permissions.
TidyBuild, for example, is tailored to construction project management and helps to manage profitability and costs by project. It also integrates with Xero to allow efficient management of sub-contractor invoices as well as the applications and certification process for payment.
Goodtill have one platform across all industries. On that platform, they offer you tools to improve your business, in a modular way. This means you don’t need to pay for expensive add-on software and integrations just to do simple stuff that makes a big difference to you and your customers.
Goodtill EPOS helps you gain actionable insights into performance with its Management and Reporting capabilities. Easy-to-use tools help you to shape your business direction and links seamlessly to report with your accounting function
With eBillity’s time tracking software, teams track time from anywhere and submit their entries for admin approval. Submitted entries appear on the admin’s dashboard where they can be edited, rejected for improvement, or approved. Approved time entries automatically sync with your accounting and payroll software.
MileIQ catches your drives automatically. The app runs in the background tracking your miles and creating a comprehensive record of your drives.
MileIQ creates a record of your mileage and sends you weekly reports.
This is a snap shot of the applications available as add ons to Xero and the market is consistently growing and developing. As Xero Platinum partners NR Barton are leading the market with integration of the latest applications to enhance the power of your accounts.
We’re more than happy to help with a free consultation on your accounting system to help with Making Tax Digital and also consideration of how accounting applications can improve efficiency and enhance your accounting. Please contact Neil for more information.