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Product wrap from Xerocon Sydney 2023

Xero

In the coming months, we’ll also be enhancing the way we use AI in bank reconciliation, to populate new contacts that aren’t already in your clients’ contact lists. This will reduce manual data entry and means that for clients new to Xero, bank reconciliation is made easier on day one.

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We made the 2022 Most Innovative Companies list

Xero

Last year, we reached a significant milestone in our data journey when we built machine learning algorithms that worked to accurately predict your transactions’ contact and account codes. We’re passionate about ethical, data-driven AI. The post We made the 2022 Most Innovative Companies list appeared first on Xero Blog.

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Four ways small businesses can work smarter in Xero this EOFY

Xero

Finalise bank recs faster with automatic refresh As any small business owner knows, bank reconciliation (the process of confirming all transactions in your bank accounts are recorded in your business accounting records) is one of those tasks you need to stay on top of. What Xero tip would you add to this list?

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Where to start on your Xero education journey

Xero

You may like to learn about core bookkeeping jobs, from data entry to bank reconciliation, reporting and tax preparation. The post Where to start on your Xero education journey appeared first on Xero Blog. Upskill with ease.

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How Bookkeeping Software Can Simplify Small Business Operations

Less Accounting

In this blog post, we’ll explore how bookkeeping software can simplify small business operations and why it’s a game-changer for entrepreneurs. With features like automated data entry, bank reconciliation, and real-time reporting, bookkeeping software eliminates the need for manual data entry and tedious paperwork.

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Apps to help solve four common small business pain points

Xero

Dext Commerce – Reconcile itemised digital commerce transactions in Xero with data from over 30 integrations including Amazon, Shopify, Stripe, PayPal, eBay, Etsy, Walmart, Square, Wix, Squarespace, Faire and more. The post Apps to help solve four common small business pain points appeared first on Xero Blog.

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The Role of Technology in Modern Bookkeeping

LedgerDocs

This software eliminates the need for manual data entry, which can be tedious and error-prone. It also ensures that data is accurate, up-to-date, and easily accessible. Many bookkeeping tasks can be automated, such as data entry, bank reconciliation, and invoicing.