Overall Satisfaction with Xero
The entire organization uses Xero, and we love it! In 2008 we were using an apple mac solution called MYOB, it needed us to email 14mb data files from our bookkeeper, to me and our accountant. It got so confusing we had to build a tool to manage who had the file and allow it to be uploaded and downloaded. I found c. 6 online solutions and asked my bookkeeper to choose 1. She came back and said Xero, new to the UK would be a good fit. It is really easy to use, always up to date and is so well designed it's a pleasure to use.
- Allowing the entire team to issue invoices as a project reaches a milestone or is singed off.
- Amazing profit and loss reports
- Super easy UK vat returns.
- Possibly payroll, it was a late addition and we had already gone with another vendor.
- They offer a project management tool called Work Flow Max and we had hoped this would be a useful addition but were underwhelmed. More of a negative for WFM than Xero though
- Lets us chase debtors and manage overdue invoices really well, entirely automated.
- Allows our whole team to issue invoices removing the traditional bottleneck of the accounts team needing to issue invoices.
- Reduces the need for an accountant to produce our VAT return.
- Bank rules and transactions appearing in Xero overnight makes reconciliation really quick,
We undertook this process nearly ten years ago, so I am fairly hazy on the alternatives!