Xero saves me 15hrs every week.
Property manager Debbie Buckman spent up to 20 hours a week doing financial administration. With Xero, she spends no more than five. And she loves it.
- Unlimited free access to a sample company
- Pay when you setup your company
How many properties can you manage – 10, 20... 100? Or is administration holding you back? Xero is the world's easiest to use system designed to get property managers up and running in minutes, not days.
Cut your admin time by 75%
Xero allows you to grow to manage 10, 100 or 1000 properties effortlessly, and at the same time provide a higher level of service to your clients. With traditional systems it’s impossible to manage anything more than a few properties. Xero lets you quadruple the size of your business with the same resource.
Watch: Introduction to Xero
Connect with your clients
Great service no longer means hours on the phone. With Xero, you can allow property owners to log in anytime from anywhere to see the exact status of their investment, helping you build valuable trust and win future business.
You run your Trust Account in Xero, and each of your customers have their own secure version of Xero they can access from anywhere. You can automically send an invoice (less your fees) to each of your customers using Xero, saving more time and money for all.
Xero talks to your bank
Imagine: all your rent payments loaded daily without lifting a finger. Xero automatically brings in the latest statement lines from your banks and matches them against your properties, saving you hours of wasteful data entry.
Watch: Automatic bank feeds
Say goodbye to tedious repetition
We all know the pain of spending needless hours in front of the computer. Xero creates all your rent schedules automatically for you. Just enter the rent you expect to receive for the property once using Xero's Repeating Transactions and you’re away. Plus, Xero’s intuitive design let’s you see at-a-glance if any payments are outstanding.
No more software glitches
Throw out all those installation manuals and IT help books. Xero provides a complete managed service, ensuring that you have confidence to add as many properties as you please without having to worry about IT or scale headaches.
Debbie’s story
Xero quarters admin time
Debbie Buckman’s admin time has been chopped in half, then half again, since she chose Xero as the accounting system for her boutique property management business.
Although Allure Property Management manages residential properties in Wellington, Debbie’s clients are scattered all over the world, including the UK, Italy and the US.
Property management has a number of accounting pain points. Entering financial data, transferring money, checking up on who has paid rent – and more importantly who hasn’t. What’s more, when you’re in charge of peoples’ most valuable assets, financial information has to be accurate, available and easy to understand at a glance.
Debbie needed an accounting package to help simplify a potentially complex situation. She needed an accounting tool that kept her and her clients informed at all times, and made the numbers visable.
Debbie’s previous accounting process involved transferring data, passing it through three sets of hands and forever creating Excel Spreadsheets.
Xero creates a competitive advantage
The growth of investment properties in New Zealand has created a growing and competitive market for property managers.
Debbie recognised that in a crowded market she needed to have a point of difference. By allowing anyone she chooses to access financial information, Xero has given her a competitive advantage in the property management sector.
Often Debbie would spend up to 20 hours a week on her books. Now, using Xero, she spends no more than five hours a week doing the books. And she loves it.
"Xero makes me transparent and creates trust," Debbie says.
"All I wanted was a simple accounting system for me and my clients. I looked around and couldn’t believe the nightmare packages that were out there. Someone recommended Xero to me, I trialled it and was hooked. It was so simple to use, I just set myself up and began using it across all five of my businesses."
"All my clients want is to save money, because they’re already paying me to look after their property they don’t want to pay any more than they have to. They’ve bought an investment property to make money; therefore I need to show them a strong accounting system behind my business to secure their investment."
"Working with spreadsheets, I never really knew what was going on. And I didn’t make any money by sitting at the computer for hours. Now I’m out there taking care of my clients’ interests and getting new business."
