Xero Online Accounting

Xero Accountants OxfordshireAccounting has changed, and Pearson Buchholz has changed with it. We’re certified partners of the outstanding Xero online accounting platform – an online cloud-based solution for small, medium, and large businesses.

So what is different about Xero, that makes us choose it above the old powerhouses of Sage and Quickbooks? Here are some key features mentioned on Xero’s official website:

  • Collaborate online
    Work together as a team on financials. Collaborate with your accountant and bookkeeper to get the advice you need, when you need it. Invite an unlimited number of people for free. You control what each person can see. 

    PB: No longer do you have to wait for access to accounts. Simply log-on, and we will too. Accounting has never been so easy!

  • Private and secure
    Your data has never been safer. We operate multiple redundant servers at tier-one data centers, guarded 24/7/365 and we run database backups every 10 minutes. 

    PB: It poses the question of how safe your accounts are, stuck on a server somewhere in an office…

  • Mac, PC, Mobile… What next?
    You can work on any system – Mac, Windows or Linux. Plus, there’s a mobile version designed for smartphones like iPhone, Android and Blackberry. 

    PB: Accessible accounts, accessible anywhere, at any time. It’s a win-win!

  • Always up-to-date
    All your invited users have access to the latest version of your financial data. You never need to worry about installing software or files getting corrupted and being out-of-date. 

    PB: When was the last time your current accounting package was updated?

  • FREE software updates
    Software updates are free and automatically available when you login. Every 3-6 weeks we release innovative new features and enhancements based on ideas from our customers. 

    PB: Packages such as Sage and Quickbooks can cost thousands of pounds to keep up-to-date. And make no mistake, this cost isn’t absorbed by your accountants…

The benefits above highlight some of the reasons why we prefer Xero. These fantastic benefits allow us to transfer the savings to you, the customer. Both parties also benefit from a refreshing sense of control. You can access your accounts at any time, and we can make changes almost instantly, just in case you need them for that all important board meeting.

Xero also works in partnership with Yodlee, who’s ground-breaking technology enables Xero to download live bank feeds through a secure API (a connection between two or more pieces of software). This means that downloading statements, uploading, and generally fumbling around, is a thing of the past. Instead, Xero connects with your bank to pass your latest transactions across. It’s important to note that the connection can only download statement feeds, and does not have any further access to your accounts. Yodlee’s terms of use can be read here.

Why does this matter? Well the less time we spend on menial tasks like updating transactions, the more time can be spent on actively working on your financial strategy and needs.

We’d like to encourage you to contact us to book a consultation with one of our Xero experts today. There’s no obligation, and we’ll even get the coffee in!