This World Creativity and Innovation Week (15th – 21st April), Clemi Hardi, Head of Pencils at London-based event technology company Noodle Live, tells us how creativity and innovation helps improve the event experience for her clients’ customers.
World Creativity and Innovation Week is a week focused on encouraging people and businesses to get their creative juices flowing and make the world just that little bit better. If you could do anything, what would it be and how would you do it?
As an event technology company, Noodle Live has always embraced innovation and creativity. It’s ingrained in everything we do. The seed of our business came from a desire to innovate and offer a better solution to the established norms. Our RFID enabled smart badges are now disrupting the events industry, enabling people to collect, share and store information easily in ways that they couldn’t previously. And that’s a direct result of not being happy with the status quo.
For Noodle Live, creativity is really important. It’s an ability to look at problems and challenges in new ways, and that’s what we’re all about. Technology is sometimes lambasted for killing creativity, but this is certainly not our experience. We find that it can in fact unlock the creativity that may lay dormant within us. Our clients and end users, motivated by using our event technology, regularly create new use cases for us as they realise the potential of our event tools.
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With the release of the SMSF tax return for 2014 last week, our essential form types on our Australian Tax roadmap are now completed. We now have Individual, Partnership, Company, Trust, FBT, and SMSF. That means Xero Partners can now use Xero Practice Studio for all of their ATO lodgments.
Find out more about recent changes in our Practice Studio Help Centre.
We’ve released several major and minor enhancements this year, plus we’re on track to release the complete 2015 tax return form series in early June.
How do I get Australian Tax?
Australian Tax is an integral part of Xero Practice Manager. It’s available as part of Xero Practice Studio. Our practice tools are completely free for Silver and above partners, or can be purchased for a monthly charge. Continue reading ›
Last week I was honoured to be part of a launch event in Singapore to mark a new alliance agreement between Xero and KPMG Singapore. It’s exciting to have one of the big four global accounting firms as our first Platinum Partner outside of the US, UK, AU and NZ.
What does this mean for Xero?
This new alliance with KPMG Singapore strengthens our presence in Asia. It also further demonstrates an appetite for Xero in our growing global markets.
Singapore is one of the world’s largest city states, boasting a population of 5.4 million in a land mass only 0.26% the size of New Zealand. Singapore has a vibrant entrepreneurial community with many opportunities for SMEs and startups. This is spurred on by its numerous small business, innovation and productivity incentives.
KPMG hosted a launch event for our alliance with Action Community for Entrepreneurship (ACE). The event was hosted at one-north, a shared office space for startups and entrepreneurs. The space is subsidiszed by the Singapore Government. Flanked by Singapore’s leading universities, this space was created house today’s start-up talent and cultivate tomorrow’s business success stories. Continue reading ›
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UK and US small businesses can now avoid hefty hidden bank fees when paying foreign currency invoices thanks to a new integration between TransferWise and Xero.
Using TransferWise, a London-based foreign currency transfer business, small businesses can now save up to 89% when sending foreign currency invoices directly from Xero. Avoiding hefty 3-6% commissions from banks, businesses are offered a fair mid-market exchange rate and charged a small, transparent fee of no more than 0.5%.
How does TransferWise work with Xero?
Xero customers can sign up and log in to TransferWise to see their outstanding foreign currency invoices on Xero. They can then select the invoice they want to pay using either a bank transfer or debit card through the TransferWise system.
The exchange rate at the time of the transfer is locked in for 24 hours and the user will need to pay the amount to TransferWise during that time. Payments typically arrive within 1-2 business days. Users will be notified via email that the money is on its way, and after the payment is completed, the bill is then reconciled onto the user’s Xero dashboard.
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#Human is a value that every Xero holds near and dear. Now the Denver Post believes in the power of #Human, too, and has named Xero as one of the best places to work.
This award holds special meaning. Why? Well, because the Denver employees themselves nominated Xero for the award. Thanks to their passionate feedback (see the comments below), Xero received recognition as one of the Top Workplaces for 2015.
That’s just #Beautiful.
So a round of applause to the Operations, Sales and Customer Experience Xeros inside the Denver office. A big reason we’re a top place to work is because of all of you. Thank you. #YouRock
You can love Xero, too
The Xero team is growing, with plenty of opportunities around the world. Get ready to experience the love: Check out our careers and join the Xero team today.
Check out some comments from Denver Xeros:
“The work that I do is enjoyable, the people that I work with are great to be around, the environment is lively and upbeat, and the management is nothing but supportive and always there to help me do my best work.”
“If I request something that will make my job easier it’s always given. [And I receive] constant recognition from management and support when I’ve gone through some hard times.”
“I never thought I would enjoy going to work. I look forward to doing my job and seeing the people I work with.”
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In this guest blog, Laura Beatrix Green from MarketInvoice discusses the challenges of growth, how to avoid them and how those unexpected happenings can be the making of you.
Recent years have seen record levels of new business start-ups in the UK, meaning there are hundreds of thousands of new entrepreneurs looking to make their venture a big success. The relative strength of the UK economy means this is a great time to be growing a business.
Investing for and managing rapid growth creates different challenges for all businesses, but there are some basics that apply universally. For many business owners, growth isn’t a priority. For some it isn’t even a distant wish. They’re happy with a comfortable stasis that pays the bills and brings in a nice income. For others, growth is the name of the game, follow these tips to avoid the pitfalls that could accompany your success.
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At Xero, we rarely make references to being “financially insecure.” Mainly because we love to focus on the positives of well-organized and balanced business financials. But for the Financially Insecure Entrepreneur (FIE) podcast, we made an exception – and joined as a guest speaker.
And not to overstate this – but this is so cool! Financially Insecure Entrepreneur is a popular resource in the small business community and a great example of how an accountant is educating his audience.
Take a listen as Arthur puts on his (smooth) radio voice and chats about all things Xero, including:
- Is the cloud safe?
- Can you really automate bank feeds?
- What does anytime, anywhere mean?
Listen to Arthur’s Financially Insecure Entrepreneur podcast
Speaking of podcasts, did you know that Xero has a podcast? Yes we do. Please give it a listen and let us know what you think.
If you hold items to sell on to your customers, you’ll know that efficient inventory management is the lifeblood of your business. Lose track of your items, or fail to keep up with customer demand, and you’ll feel it on your bottom line. So here are some tips from Grant Anderson, Xero’s Head of Accounting, on how to stay on top of your inventory management:
It could well be time for a cleanup. Take this opportunity to look at the items you have and delete old lines, write off stock and also review your pricing. You can use the inventory template that’s available for you in Xero to start listing your items.
Think about your inventory handling process from purchase to sale
Are there some steps that can be eliminated by using a single ledger, cloud based application? Map each step and see where you can create some efficiencies to save time.
Track your items and monitor your quantity on hand
Run regular reports to monitor your stock levels so you never run out of those high moving items you know your customer will always want.
Take some time to review your buy and sell price for each item. Get a feel for what the current market rates are for your type of item (so that you can remain competitive and don’t price yourself out of the market). If you use Xero, you can easily run reports to review your pricing information.
Connect with a Xero Advisor
We have a pool of skilled Xero advisors who are only too happy to get you started using inventory in Xero.
If you’re in the manufacturing industry or have large quantities of items with multiple warehouses, your advisor can also work with you to select the best add-on inventory product to suit your needs. Find your nearest Xero Advisor.
Daniel Flynn and his team have a lot to be thankful for. Rising brand fame, an expanding product range, and numerous endorsements and accolades. All this from an idea they had in university — Thankyou Group.
Through all that, the group has stayed true to the vision that kickstarted the whole Thankyou movement. To fund and facilitate water, food, hygiene and sanitation projects for people in developing nations.
“We’re driven by helping people who are in need by making a positive and enduring impact on their lives. And to date we’ve raised over $2 million for our programs overseas. We’ve helped over 132,661 people get access to safe water, and we’ve helped over 153,507 people get access to health and hygiene training. Plus we’ve funded over 5.2 million days’ access to food aid,” said Daniel, co-founder and Managing Director of Thankyou Group.
While these numbers are the lifeblood of the Thankyou business, they aren’t the only ones Daniel and his team need to keep a keen eye on.
Keeping track of the numbers
As a business with stakeholders both in Australia and abroad, the team count on Xero when they’re away from their head office in Collingwood. They need to track their profit and loss, balance sheets, superannuation, expenses and overall business finances, even when they’re overseas. Continue reading ›
It always happens, every year, just like clockwork.
You roll up your sleeves at the start of tax season and prepare to take on the rush. But by April, you’re face-to-face with loads of outdated QuickBooks files, clunky Excel sheets and the dreaded shoebox of receipts. It’s enough to make you loopy.
Chin up! Xero has you covered.
How Xero helps at US tax time
Save your sanity these last two weeks with five Xero features that take the pain out of tax prep:
- Automatic conversion. Break the habit of fixing neglected QuickBooks and Excel files by automatically converting clients to Xero. Free, and found inside Xero Partner Edition, this conversion tool helps you dive into write-up work – fast.
- Xero Files. Bid the shoebox bye-bye. Scan source documents directly into your client’s GL for all-in-one access with Xero Files. And if you have dual monitors, put Xero Files on one screen and Quick Spend Money on the other for fast data entry.
- Cash Coding. Talk about a time-saver! Cash coding lets you reconcile hundreds of transactions with a click.
- Journal entries. Create adjusting journal entries, single or repeating, to balance the books manually.
- Export to tax. Great for Schedule C clients, export client data to TaxACT, Lacerte Tax, ProSystem fx Engagement or CSV.
Partner exclusive plans
Despite the rumors of tax work being seasonal, keeping clients compliant is a year-round job. That’s where Partner plans like Cashbook ($12/month) and Ledger ($3/month) come into play. Perfect for tax clients, these low-cost versions of Xero help attract new clients and keep them organized throughout the year .