Cloud Accounting Essentials
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Transcript of Cloud Accounting Essentials
@business_DEPOT businessdepot businessdepot.com.au
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• Cloud is a metaphor for the Internet
• Remote servers
• Remote access
• Rapid adoption
• Sheer amount of resources via Cloud computing incomparable to mainframe/terminal host computing
• Software-as-a-Service (SaaS)
“Oz is #2 ‘cloud-ready’ market worldwide”
FORRESTER
“Spending on cloud to increase 300% in 2014”
CLOUDABILITY
“86% of businessesusing cloud apps”
IDC
“Smartphonepenetration at 72%”
TELSTRA
“60% of SMEs toincrease cloud budget”
FROST & SULLIVAN
“Tablet penetrationto be 80% by 2018”
FROST & SULLIVAN
• Evolution…. or is it time for a revolution?
• Agility beats efficiency
• Empower your staff
• Creating lasting value
• Move investment closer to the customer
IT Solutions emerging in consumer market
Innovative companies leverage in business
markets
• Collaboration
• Ease of access
• Extremely secure
• Reduced costs
• Improved business performance
• Ease of expanding your business
• Automatic software upgrades
• Improved back-up
• Future proofing your business
• Cloud based
• Real-time data
• Collaboration
• Access anywhere, anytime on any device
• Increased efficiency
• Unlimited users
• Actively monitored and maintained servers
Online Accounting
• Real time cashflow
• Shared visibility
• Fully integrated payroll
Online Invoicing
• Create and send invoices automatically
• Get paid faster with online payment options
Online Bank Reconciliation
• Up-to-date view of your business
• Live bank feeds
Add on partners
• Ability to create customised solutions
Management Reporting
• Flexible reporting and ease of business analysis
Payroll Processing
• Automatic calculations
• Tax, super and leave with all the thresholds calculated
• Employee portal
• Employees can print pay slips, payment summaries and request leave
• Automatic super payments
• Leave management
• Leave accrual calculations and automatic leave scheduling
[Xero Senior Account Manager]
• What is Xero?
• How easy is it to use?
• What are the benefits of Xero?
• Xero is the world leading online accounting system
• Dual Listed on ASX & NZX, Market cap of $3.3 Billion AUD
• 1000+ staff globally, 150+ in Australia
• 371,000 customers globally, 160,000+ in Australia
• A new release every 4 – 6 weeks
• Unlimited users, with different roles
• Bank feeds from 5,000+ institutions
Converting from an existing accounting package, simply set up and training or bookkeeping support
Manufacturing, Real Estate, Consultants, Medical practitioners, Retail
Mike Ashby, Principal – Elders Real Estate Southern Gateway, Perth WA
Xero SeniorAccount Manager
Managing Director,
businessDEPOT
Bookkeeping Manager,
businessDEPOT
@business_DEPOT
businessdepot
businessdepot.com.au
au.movember.com/team/1689325
(07) 3193 3057
(07) 3193 3001
