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Who's Using Xero?

Always know where you are

For HireThings.co.nz Managing Director Peter Torr Smith, using Xero means his accounts are always up-to-date, accurate and available whenever he's online - which is all the time.

Hire Things

HireThings.co.nz is a brand new online marketplace website dedicated solely to hiring and renting all types of things – disco lights, dehumidifiers, chauffeurs, accommodation, and even acupuncture services.

All you have to do is register, and you can either list your things for hire or book things online that you wish to hire yourself. Hire Things takes a 3.5% fee for successful bookings gained through the site.

"It's online, and it gives me real-time information. I can make fast decisions based on the financial facts at any time."

Peter Torr Smith, Managing Director, Hire Things

Being a start-up business, cash flow is everything, and with Xero Peter knows the company's financial situation at all times.

"Our books are updated daily through the automatic import of my bank statements, which means I no longer have to do tedious manual downloads and imports."

"It's great for reporting to the board and other stakeholders. It only takes a few minutes to reconcile the accounts and to show clearly where we are at."

For an online business like Hire Things, Peter believes Xero is "the right type of product."

"It's online, and it gives me real-time information no matter where I am. And with our accountant Bruce having the same access, we can work much more effectively together. The advantages are clear - I always know where I'm at so I can make fast decisions based on the financial facts at any time."

www.hirethings.co.nz

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