Does anybody have experience in Xero AND Kashflow?

We read at AccountingWeb UK : Afternoon all, We have built a very successful financial outsourcing firm using Xero alone - only 10 months ago, had no Xero clients and now we have gained around 30 of them, bringing in around £120k fees.  All sounds good - and I love Xero, we're accredited etc.... (and there's a but)

BUT - I am very conscious that we could be "that" firm that just recommends one cloud based software!  We have used QBs online for one client and managed to survive a year without going mad - then transferred them onto Xero so that one's sacked off.

What I'd like to do is to be able to offer one of three (thinking Kashflow, Xero and A-N-other) to clients, with a bit more of the attitude that one size doesn't necessarily fit all.

So - does anyone have good experience of Xero and Kashflow?  If so, are you able to offer clients a distinct reason as to why that software and not the other?

Would be very interested to hear from anyone!

Thanks   (Visit AccountingWeb to join the conversation)

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Comments

Choices... plus make sure they all work with the same add-ons    1 thanks

Rob Connell | Tue, 29/10/2013 - 13:29 | Permalink

We work with Xero, Kashflow, Sage One and Freeagent. So in addition to Xero and Kashflow for microbusiness clients Sage One and Freeagent both have considerable market presence. To be unbiased Intuit's new Quickbooks Online offering Harmony looks nice from the preview demo and at the other end of the scale in terms of size but again with a very nice User Interface is Clearbooks who look like they will succeed with their latest 'cloud funding' too. We have also been approached from accountants asking Smeebi to work as an add on with Thomas Reuters Digita and further afield for MYOB.

In addition if you consider all of these as small business offerings or add-ons and you'd probably want to make sure they all work across the accounting software choices you offer. Smeebi and others like Spotlight and Fathom can add some extra value to in reporting to compliment Xero (plus Smeebi works with Kashflow your other consideration), whilst you could also find many other popular add-ons like Receipt Bank, Capsule, Float etc. Like Smeebi I think everyone has a free trial and better prices for accountants.

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No Bank Feeds

chatman | Tue, 29/10/2013 - 13:35 | Permalink

I only use Kashflow for one client now as I don't like it, but as for specific reasons, I can only think of is the absence of bank feeds.

For your third choice, Clearbooks is good, and very cheap.

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API's aren't equal...

Rob Connell | Tue, 29/10/2013 - 13:36 | Permalink

Also consider the API offered by each, for example we can use tracking codes from Xero (restricted to two categories but they are free text so can be anything i.e. location and cost centre, or business unit and product etc. with many entries under each catagory) and from Kashflow we can get project codes, customer, supplier and product dimension for true business analytics.

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Free Agent

Red Leader | Tue, 29/10/2013 - 15:56 | Permalink

I think the consensus may be to use Free Agent instead of Kashflow for the one man businesses. This is just based on my impression of posts on here over the last few months.

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Not Kashflow

BigBadWolf | Tue, 29/10/2013 - 17:01 | Permalink

Having used kashflow - its reporting was awful compared to Xero, and as Red leader suggests - FreeAgent is far better for smaller clients

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Saasu.com

coraliescott | Wed, 30/10/2013 - 04:35 | Permalink

Hi there! Love your thinking. There's some great products out there at the moment, and you'll gain trust by being able to recommend the best product for a client's specific needs (it's not one-size-fits-all, for sure).

Might be worth checking us out if you're looking for some other options (I'm partner manager here) www.saasu.com —Recently opened London office & has Sydney office. Soon to launch properly in UK.

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Tips for new practice

jrmassey | Tue, 29/10/2013 - 23:08 | Permalink

Hi, I don't expect you to give away all your secrets but could you offer any advice on attracting online-bookkeeping clients to my new practice?

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Advertising in this thread    3 thanks

chatman | Tue, 29/10/2013 - 23:12 | Permalink

Coralie - I believe you have already been told it is considered bad form to recommend your employer's products without disclosing that you are the marketing manager.

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How many more times coralie?    1 thanks

Paul Scholes | Wed, 30/10/2013 - 00:54 | Permalink

Give it a rest or start giving some details of Saasu in the UK, you are digging a hole here.

http://www.accountingweb.co.uk/anyanswers/question/cloud-accounting-soft...