The art of accounting goes back literally thousands of years. As soon as the Egyptians and Babylonians were counting money, they wanted to keep track of it.

But it wasn’t until very recently that modern technology started to dramatically change the role of professional accounting. Suddenly, great accounting was all about the right software, the deep and timely analysis of data, and – most recently – ‘the cloud’.

At the pinnacle of this cloud-based tech is Xero’s accounting software, which has done little short of absolutely transforming the entire world of bookkeeping and accounting.

The task of explaining why your accountant must be a master of Xero is therefore not a challenge in terms of populating a list, but keeping that list manageably succinct.

So here is Account For You’s attempt at a short list of why your accountant needs to be using Xero.

1. Automation

The most obvious benefit of Xero is the way it has completely automated once-manual tasks that were laborious and time-consuming – like data entry. Those hours once spent simply creating transactions can now be better deployed on analysis and deeper client integration.

2. Real-time

Cash is obviously the lifeblood of most businesses, and the Holy Grail of great accounting was the sort of insight it gave into financial health while day-to-day business went on. With Xero, financial insight happens automatically and in real time, feeding up-to-the-second information about money coming in and going out straight into the able hands of the accountant and business.

3. Collaboration

The entrepreneur and accountant relationship is obviously an important one, and the closer and more collaborative it is, the better. Thanks to the cloud and Xero, the business/accountant relationship is like a hand in a glove, with both – and other crucial stakeholders – having easy access to up to date info no matter what time it is or where they are.

4. Constant improvement

Quite simply, the accountant can develop professionally at the very same fast rate as technology is pushing ‘the cloud’ and Xero ever upwards and forwards. Unlike desktop software, Xero updates are happening all the time, and accountants and businesses are along for the ride on this incrementally improving journey. Not only that, but because accountants work directly with Xero, and Xero is serious about making its product better, Xero listens to expert feedback from literally thousands of professional sources.

5. Security

Not only is the security of your Xero data an absolute priority, you also know it’s safe from total loss through hardware failures. Backups happen automatically, so if you know your accountant uses Xero, you simply know your valuable information is out of sight of evil eyes and protected in case something goes wrong.

There you have it: AFY’s attempt to summarise the multitude of ‘no brainer’ reasons why your accountant simply must be a Xero expert. We specialise in a fully cloud-based service that allows the financial operations of clients to run smoothly, efficiently and automatically, so to learn more, get in touch today.