Today, there are apps available that assist small businesses that were, before the age of online computing, only available to big business.
Accounting software is usually at the centre of these apps. The accounting app that provides a high level of integration with other apps is Xero. In our experience, Xero by itself can save a small business owner a lot of time. Bank reconciliations are easy, debtors are kept up to date with minimal fuss, and producing and filing the GST return is a breeze. Xero also has Payroll, Projects and Expense Claim functionality.
In addition to the basics in Xero, it is possible to store all of you bills and receipts in Xero, to collect payment through direct credit and credit card, to send automatic reminders for invoices due.
Third party apps can be added that simplify the workload further. For example, a tradie may want to utilise Tradify or Fergus, which helps to manage quoting, progress invoicing and task management. Or a beauty salon may want to add a booking app. Or an online retailer may choose an app such as Unleashed which will integrate with their website, process sales, manage inventory, and update Xero constantly. Rise can assist with helping you create efficiency in your business, through the strategic use of apps.