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Cloud Accounting
We are proud to be a Xero partner who can drive the digital transformation of your accounting process. This means you can now use artificial intelligence and machine learning to automate much of your accounting workflow and make faster and better business decisions. Our advisory services focus on the following:
A thorough understanding of your business needs and a detailed proposal on the implementation and integration of Xero with the rest of your business operations, to achieve a seamless flow of information for real-time, efficient and error-free financial and management reporting
Maximal use of all Xero applications (Xero Invoicing, Xero Expense, Xero Projects, Hubdoc, etc) to automate and streamline your workflow across all business functions, and to improve your employee productivity and achieve massive cost savings
Xero training for your team, including periodic email alerts to you to keep you abreast of Xero product updates
Migration of data (including historical information) from other accounting systems to Xero
Depending on your industry and specific business needs, we recommend and integrate third-party applications with your Xero accounting system
Our cloud accounting team is headed by our founder and cloud accounting specialist, Joyce Seng. She regularly shares her industry knowledge in our blog; read more here.
As a small business owner, your time is precious. You’ll want to use that time for more impactful and value-adding activities like business development and leads generation. Accounting or bookkeeping are probably not top of the list, but they are important and new technologies are making them easier and more efficient. In this post, we provide information on how moving to cloud accounting can help you work smarter and faster.
The phrase “You can’t manage what you can’t measure” is often attributed to W. Edwards Deming, the statistician and quality-control expert credited with having launched the Total Quality Management (TQM) movement. This adage definitely rings true when it comes to the measurement of a company’s financials in order to assess its profitability. In this blog post, we highlight the components of a good bookkeeping system, and the importance of a proper bookkeeping system to your small business.
Bookkeeping is without a doubt one of the most tedious administrative tasks that consumes a significant portion of small business owners’ time. As they are not aware of the benefits of cloud-based bookkeeping, many small business owners choose to maintain their accounts in excel spreadsheets and fail to harness the power of cloud accounting. When done right, cloud-based bookkeeping frees up small business owners’ time to run and grow their businesses. In this blogpost, we outline the components of good bookkeeping and the massive cost savings it can bring you when you move your bookkeeping to the cloud.
Start-ups face a multitude of challenges, from cash flow difficulties and lack of brand awareness to time management issues and manpower crunch. These challenges are further exacerbated with Covid-19, as consumers tighten their purse strings leading to a sharp decline in market demand and opportunities. In this blog post, we explore how cloud accounting can help start-ups leverage digital technology to stay lean and mean to survive this crisis.
The quarterly filing of GST return can be a tedious and cumbersome process for small business owners without a proper accounting system. As there are heavy fines and penalties if the strict submission deadlines are missed, it is imperative that small business owners leverage cloud accounting software which can make GST filing a breeze. In this blog post, we explore the numerous benefits of using Xero to manage your GST filing workflow
The success of every service business very much depends on the timely assessment of the profitability of individual projects. In this blog post, we explore Xero Projects, a project management tool within Xero that helps business owners assess profitability of their projects in real time and make better business decisions.
Most SME owners begin managing their accounts in excel spreadsheets, when transactions are minimal and manual tracking of information is feasible. Over time, most of them begin to realize that their time is better spent growing their businesses instead of performing manual accounting duties. In this blog post, we explore Xero Cashbook and Xero Ledger, two simplified and more affordable versions of Xero’s standard cloud accounting software that can help SME owners reclaim their time and grow their businesses.
One of the frustrations of an SME owner is the administration of expense claims from employees, which could get extremely time-consuming when the process is manual and the volume is high. In this post, we explore Xero Expense, an application within the Xero cloud accounting software, and how it can help you better manage your company spending.
Efficient invoicing and payment collection is without a doubt one of the single-most important aspects of astute business management. The resultant liquidity crisis from the current Covid-19 pandemic has underscored the importance of a robust cash flow position in surviving any unexpected crisis. In this blog post, we explore how small business owners can get paid faster by using cloud accounting to automate and streamline their workflow.
The Covid-19 pandemic has completely transformed the global economic landscape since the first case was discovered late last year. It has brought many economies to a near-standstill with governments imposing all manners of lock down in a desperate bid to contain the spread of the virus. Under such an uncertain business climate, it is more important than ever for small business owners to tighten their purse strings and manage their cash flows to survive this unprecedented crisis. In this post, we explore what cash flow management is, and how small business owners can use cloud accounting to better improve their cash flow position.