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.
If you’re yet to make the leap into e-commerce – or you’re not sure that you’re making the most of the tools available – there’s never been a better time to change the way you do business.
What’s the best web platform for an e-commerce business?
Although there’s no one-size-fits-all e-commerce platform, there are options to suit most budgets and customisation preferences.
We work with a very diverse range of clients when recommending and implementing inventory systems. Diverse not just in sector, size and distribution channels, but also their existing systems and goals.
These project briefs demonstrate the journey from current accounting and additional programs to an integrated cloud-based solution. In highlights the possible ways that we can help businesses with application that pass data automatically, saving hours of admin time.
Enterprise Resource Planning (ERP) software is all about making life easier.
With a system of integrated applications, your business can run more smoothly – back-end operations are automated, and many redundant or time-consuming tasks are taken out of the hands of your already-busy employees.
By Guy Earnshaw
It’s time to ditch your traditional inventory management systems and save on the many hours of admin time. You can significantly reduce the risk of human error costing sales or damaging cash flow.
By using an automated cloud-based system that is fully integrated and offers you greater efficiencies, you can increase productivity and drive more sales without spending more on admin.
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.
Staying on top of your inventory might not be the most exciting part of running a business – but it’s still one of the most important.
So we’ve put together a few stock management tips to help you cut costs, smooth out sales, and free up cash for the parts of your business that really need it.
We’ve all heard similar stories before. Massive companies roll out new technologies on a huge scale to cut costs, boost profits and raise productivity. These sorts of opportunities just aren’t available to smaller businesses, right?
It’s no secret that we’re big fans of Xero.
As an all-in-one, cloud-based accounting software, it’s opened doors for hundreds of thousands of small businesses all over the world. And as experienced integrators of cloud systems, we’ve used it to help businesses of all sizes get the most out of their finances.
The days of the local shop, serving its offerings to the local people has shifted to a more global model.
What has changed?