At GGD we are committed to providing our clients with the most innovative accounting solutions available. Today many businesses don’t realise that if they want their business to work smarter and faster in a competitive and agile work environment, then they need to consider a cloud accounting software solution like Xero. As recent second-place finalists at XeroCon 2018 in London in The Emerging Firm of the Year category, GGD is ideally positioned to help your business with the transition to Xero. With the expert advice and support from GGD’s Xero Gold Partner Team, you will quickly experience the benefits that Xero’s cloud accounting services provide.
Traditional accounting software has many limitations. It only works on a single computer and data has to move from user to user, creating security risks. Upgrades can be expensive and time-consuming and back-ups are often neglected.
In contrast, cloud software like Xero can be used from any device that has an Internet connection. Xero gives you an immediate real-time overview of your finances and improves collaboration with your team – even if they are travelling to other parts of the world.
As all your data and information is stored in the cloud, you never have to worry about your laptop or computer being stolen. In the event of theft or a natural disaster or a fire, your business productivity doesn’t have to be affected. All your information is safely stored off-site and as long as you have Internet access, you can be up and running.
Software updates can be created and delivered faster in the cloud. This means that you are always assured you are using the latest version of Xero and have access to all the new features instantly. In addition, Xero integrates with a whole ecosystem of add-ons and third-party apps to enhance your business efficiency. The Xero app marketplace has over 700 apps to help businesses and their advisors reach their targets. In addition, because everything is run online, there is nothing to install and everything is backed up.
Unlike traditional accounting software, where data can be tampered with or lost, direct feeds from banks, software applications and financial institutions meant that all data is untouched by human hand as it enters Xero. Xero also has a wide range of security and detection measures, enabling businesses to track who does what – and if security issues are detected, alerts are immediately raised. Other tools like the assurance dashboard, reports on activity, account transactions and journals, all hep monitor the integrity of your business’s data in Xero.
Unlike traditional accounting software, where anyone can view your data if they have access to your computer, with Xero no one has access to your business’s data unless you invite them into your account.
Two-step authentication, used by many Internet banking and online services, also adds an extra layer of security to protect your account. All Xero’s servers and data centres have robust physical security controls as well as 24/7 monitoring and surveillance. Xero also conducts regular data security audits and monitors security systems to identify and manage threats.
Today, over one million subscribers worldwide use Xero’s global cloud accounting platform and in 2017 over $1.2 trillion’s worth of economic activity was transacted on their accounting platform. Subscribers have grown from just 950 in New Zealand in 2008 to 1.4 million globally in fiscal 2018, with Xero being the accounting software market leader in the UK1.
If you want to experience all the advantages that Xero is offering businesses across the world, speak to GGD’s Xero Gold Partner Team today to discover how Xero can help you take your business to a new level.