Xero, the global leader in online
accounting software, today released Xero Practice
Manager, delivering online practice management capabilities
to accountants, bookkeepers and financial
advisors.
Practice Manager delivers all the key features
an accountant or bookkeeper would expect from practice
management software, but makes users more efficient by
connecting to Xero, pulling client data in to keep contacts
up to date and turning completed jobs into draft invoices in
Xero. This means less moving data around between
disconnected systems.
Organisations that use Xero Practice
Manager can experience a faster turnaround of jobs,
resulting in a reduction in the work in progress; increase
working capital as a result of a decrease in debtor days;
and can improve the productivity of their staff as a result
of the streamlined processes provided by the
platform.
Xero’s Head of Accounting Grant Anderson says
the global launch of Xero Practice Manager is another step
forward in providing a compelling and complete solution for
the financial community.
“Practice Manager equips
accountants and bookkeepers with the tools that free them up
from time-consuming administrative tasks, allowing them to
focus on the important advisory role and adding real value
to their small business clients. "By unifying both small
business and accounting tools on the same cloud platform,
accountants, bookkeepers and financial advisors can increase
efficiency, saving time and money.”
Firms will be able
to use Practice Manager as a key online tool for delivering
job, time and invoice management. They will be able to
connect their practice management to client accounting,
become more efficient, take control of cashflow and have
better visibility over their business.
Further
efficiencies can be gained by using Practice Manager in
conjunction with the Xero online accounting solution,
improving the sharing and collaboration of clients’
financial information.
Blair Smith, Partner, Blacker Smith
& Co in New Zealand says, "As a newly opened financial
advisory business, with over 100 clients, it is paramount
that we use a system that is flexible and easy to manage
whilst being the best solution for us and our clients.
Xero's Practice Manager solution is just that.
"With
practice management software I've used in the past it's been
difficult to add fields and generate reports when we've
needed to, reflecting how we want to work. The flexibility
of the Practice Manager offering for our business and
clients on Xero is fantastic."
Xero Practice Manager, a
branded evolution of the WorkflowMax Practice Manager
offering, is a key component of Practice Studio, Xero’s
suite of tools for accountants and bookkeepers.
It is
available now for all Xero Accounting and Bookkeeping
partners worldwide. Xero Practice Manager is available for
no software license cost to members of the Xero Partner
Program who have a status of Silver and
above.
About Xero
Xero provides beautiful, easy to use online accounting software for small businesses and their advisors. The company has over 300,000 paying customers in more than 100 countries around the world and is listed on the NZX and ASX. Xero ranks No.1 by Forbes as the World’s Most Innovative Growth Company.
Xero provides beautiful, easy to use online accounting software for small businesses and their advisors. The company has over 300,000 paying customers in more than 100 countries around the world and is listed on the NZX and ASX. Xero ranks No.1 by Forbes as the World’s Most Innovative Growth Company.
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