Cloud Accounting

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Category: Cloud Accounting

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Float: Cash Flow Forecasting in Half the Time of Spreadsheets

The importance of cash flow cannot be underestimated. In fact, poor cash management is the number one reason why small businesses fail.

An accurate, up-to-date cash flow forecast can address this risk head-on as it predicts a small business’s future cash outlook by mapping when and how much money flows into and out of its bank account. A cash flow forecast will tell business owners when they will face cash shortages and surpluses – and help them plan accordingly.

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Instafile: Automated filing in minutes

It was just a matter of time before someone automated the filling of returns to HMRC and Companies House.  From paper receipt through to tax returns, this is the first step towards a complete link in the automated accounting chain.

Instafile was created to help small businesses avoid the ordinary pitfalls of the government’s manual systems and allow them to file returns themselves in minutes.

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£22,000 in your pocket: Automating credit control with Chaser

Every business that sells on payment terms wants one simple thing – for their customers to pay them on time. Unfortunately, the truth is that this is easier said than done. With Lloyds Bank reporting late last year that in the UK alone, SMEs are collectively owed more than £580 billion in outstanding invoices, there’s an oft-unspoken cashflow crisis sweeping the country.

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Save hours of admin time with Spreadsheet-to-Xero integration

Reduce admin costs and save data entry time by setting up a bespoke integration from your spreadsheet files, like Microsoft Excel, Google Sheets or Open Office, to Xero with our Spreadsheet-to-Xero product.

Many businesses have legacy systems to process their data, using manual ledgers, spreadsheets or apps that do not integrate with Xero. They lose valuable time on data entry to input sales invoices, bills, contacts and journal entries into Xero or manually filling out the upload templates.

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9 common business problems solved by integrated cloud solutions

Ever since we have had computers, business have been looking for ways to use them to; get an edge on the competition, speed up operations, cut cost and increase profits. Developers have been happy to oblige, creating huge off the shelf and bespoke systems each designed to add value to a company in a verity of ways.

These systems have come at a cost that has made them an unapproachable option for many small and medium businesses. Leading smaller companies to have to “make-do” with paper and simple excel based systems. There have been many developments in the last few years with cloud-based business systems that have caused a drastic shift in this paradigm.

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