Xero is a widely used cloud-based accounting software for small to medium-sized organizations.
Timcole is one of the few PSG-approved Xero partners in Singapore. It’s Xero Implementation packages are designed to help small businesses improve their back-office productivity, especially in the area of enabling small business owners to keep track of their accounts in a proper and more accurate manner.
Benefits of using Xero
By implementing the Xero Solution, SMEs can perform the following functions in an easier and effective way:
– Auto-generation of sales quotes and invoices.
– Including the tracking and monitoring of the payment status and sending of reminders for payment
– Capturing of all receipts and supplier invoices in a digital method, without having to keep all the physical documents forever.
– Using Xero to track Inventory Management for Trading and e-Commerce Companies
– Xero to automatically perform accounting double entry, such that a user (without Accounting Knowledge) can maintain and track their own books.
– Generation of management reports for decision making purpose.
– Xero also provides a basic Payroll Management system to track and manage monthly payroll processing.
– Xero provides auto bank feed from all local bank to facilitate easier bank reconciliation
– Xero connects to the Peppol E-invoicingnetwork in Singapore to speed up your invoicing process. It also helps you get paid faster and helps with having healthier cash flow for your business.