article thumbnail

Hubdoc and Dext: Powerful Xero pairings for burgeoning businesses

Xero

Financial data lies at the heart of any small business operation. Managing it can be a juggle, but there are an array of tools you can use to stay on top of this crucial information and better manage your cash flow and compliance. Early on, many businesses have time-consuming manual data-entry processes.

XERO 243
article thumbnail

App partner of the month: EzzyBills

Xero

EzzyBills was co-founded by Michael and Li Fitzmaurice in 2014 in Australia, after Michael had been creating tools supporting older, legacy accounting software to keep inventory and sales information up-to-date. As each document is scanned by EzzyBills the key information is extracted and exported to Xero. Hitting the right notes.

XERO 246
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Airwallex Bill Pay, now available with Xero

Xero

Manual, error-prone processes: On top of that, keeping track of relevant information, approvals, and payments is a manual mess, leading to errors. We’ve reduced hours and manual data entry for our finance team significantly. All these workflows require time (and dollars) for teams to maintain.

XERO 217
article thumbnail

Four processes in Xero to make FY23 your best year yet

Xero

eInvoicing exchanges invoices directly between accounting software so incoming eInvoices show up as a draft bill waiting to be paid, saving you time on data entry. Use data to inform business decisions. Having the right information at hand can help you and your advisor make better decisions for your business.

XERO 278
article thumbnail

Balancing automation and compliance in expense reporting

Xero

By using eReceipts, you can eliminate the need for manual data entry and reduce the likelihood of errors. While there is technically an audit trail when the review and approval expenses take place via email, getting access to these sources of information can be a completely different story.

article thumbnail

Product wrap from Xerocon Sydney 2023

Xero

This will reduce manual data entry and means that for clients new to Xero, bank reconciliation is made easier on day one. Beyond Analytics Plus and bank reconciliation, it’s also embedded in Hubdoc (with document capture and data entry), Xero Expenses and Xero Go.

article thumbnail

Bookkeeping vs. Accounting: Here’s how they differ

Intuit

Imagine the bookkeeper as the data collector, meticulously recording every financial transaction. The accountant takes that raw data and transforms it into a meaningful story. Accountants analyze the information recorded by the bookkeeper. Various stakeholders use financial statements to make informed decisions.