The massive improvements in the functionality of new SAAS (Software-as-a-Service) software has been championed recently through the use of Cloud Technology.
Software systems that previously cost companies $50 000 and more, no less than 5 years ago, can now be implemented at a fraction of this price. These new software systems can have an enormous impact in regards to the efficiency, productivity and profitability of your business. They also provide the small business sector with business systems far superior than that of many companies with ”clunky” old systems in the corporate sector. This provides your business a competitive advantage!
Many companies, over the years, have built what is commonly referred to as “silo’s” in their businesses, often through necessity. These silo’s, in simple terms, are business systems that stand alone and don’t talk to other systems in your business. Managing these silo’s often leads to costly multiple data entry, problems with integrity of data, difficulties with training staff and frustrating time wasting. Cloud Technology has changed this for ever.
Xero has been one of the most innovative companies in the world over the last 10 years. In fact they have won the coveted Forbes Most Innovative Company Award and this is no fluke!
Xero have certainly changed the face of Accounting and Bookkeeping companies and how they operate and communicate with their client base. What has been at the centre of the Xero innovation?
The development, usage and take up of cloud technology in the mainstream and the creation of what Xero refer to as their Add On Marketplace.
Xero now has over 650 different types of software that can be linked to Xero, for many different purposes, to benefit your business.
We don’t talk about silo’s anymore but terms like automation and integration. The future is about data flow, not data entry.
Do you have silo’s costing you money in your business?
