It has been said that I am a bit of a fan of Xero accounting software, software that is really easy to use and helps business owners get back in control of their key financial data, and with that in mind I thought I’d raise the stakes a little and share five great add on applications that can be integrated into Xero to make Xero even more powerful.
The best way to grow any business is to get more sales and a good Customer Relationship Management (CRM) system should help you achieve this. Through collection and managing customer information a good CRM can be used to achieve new sales and more sales form existing customers.
I read recently that 75% of businesses do not operate a CRM System and given that businesses who operate a good CRM can achieve higher customer spends of as much as 40%, I’d recommend now is the time to start using one.
Insightly fully integrates with Xero and costs start from £10 plus VAT per month.
For many small businesses the thought of offering a Direct Debit system can seem daunting and expensive, not with GoCardless. GoCardless offer businesses all the benefits of Direct Debit for a small transactional fee of 1% of collection up to a maximum fee of £2. So for businesses that collect regular amounts this can be a very cheap and simple way to collect money from customers.
GoCardless integrates with Xero so that invoices raised in Xero can be automatically be collected by GoCardless by a certain date, this can result in a significant improvement in cash flow.
Shopify allows retailers who want to dip their toe into selling online but do not want to commit funds to create their own. Shopify works on a template design where you can choose your own theme from 1000’s of templates and start adding pictures of your products. It has built in debit/credit card payment options.
All sales through Shopify will automatically feed into Xero making it easier to stay on top of your business. Once you feel you have proven your concept you may then feel more confident in speaking to some of our great local web developers and invest in a purpose built web site. Shopify start from $9 per month.
Chaser is a credit control application that reviews monies owed to you from information held within Xero and then through automation it chases up your customers in a very personable manner. For many the simple act of chasing is enough to get payments flooding in, for others there are escalating communications leading ultimately to legal action.
Many businesses have told me that using chaser has significantly reduced the average time it takes for customers to pay. The cost of Chaser starts at £10 per month.
Does your business use Sage accounting and would like to transfer over to Xero but don’t want to lose all your historical data held within Sage? It was because of that problem MoveMyBooks was founded by Adrian Pearson as an automated way in which to transfer data from Sage into Xero. If you are interested in moving from Sage to Xero please get in touch and we can show you how simple it is.
These are only five of the 500+ add on apps available to Xero users, if you would like to talk about how Xero or any other add on applications could benefit your business, please do get in touch.