Xero, the global small business accounting platform, this week unveiled new features for small businesses and an enhanced app ecosystem that underlines its formidable and growing presence in business software.
The new features of the Xero platform itself help small businesses better understand their finances, manage projects’ profitability, better manage their staff, operate and scale.
The new features were announced at Xerocon London 2019, where over 3,000 partners gathered.
The new features include:
- Real-time, smarter insights with Business Snapshot: A new tool to go into pilot early next year, Business Snapshot gives small business owners an important, high-level view of their critical business metrics and important trends using beautiful visualisations to help them make decisions on immediate issues
- Connecting Quotes with Projects to support job profitability: Easily estimate, quote and track jobs directly within Xero Projects, so all new work is accurately costed and projects are more profitable
- Manage car expenses without the complexity or paperwork: Work-related car expenses are now easier to track and manage for all staff. Automatically calculate fuel and mileage expenses, and reimburse staff without the fuss
- Automated payroll functionality eases employer paperwork: A new automated solution directly connected to HMRC removes tedious and time-consuming manual tasks for employers providing car or van benefit in kind to their staff during the tax year.
“We have been working hard over the past year to develop new ways to give small businesses smarter, simple and seamless workflows that help them better understand their business and make crucial decisions about the future of their operations,” said Anna Curzon, Chief Product Officer, Xero. “With these new features, small businesses and their advisors can have deeper discussions about what’s working, what isn’t, and focus on how they can continue to grow and thrive.”
Read on to find out about Xero’s deeper integrations with Microsoft Office 365, Google, HubSpot and others as it enhances its apps ecosystem