Frankly, there’s no other way I can see business software being delivered – it just doesn’t make sense to do it any other way.
Being online brings some immediate benefits – the most obvious being that you can access your business information anytime, anywhere. Yes, that means at home on a Sunday night, on that overseas business trip, or at that meeting with the bank manager.
Being online brings with it a level of transparency and collaboration that other systems inherently lack. With Xero you can allow your accountant or advisor to see your information at exactly the same time you do – not via an email, or a floppy disk, or a phone call a week later. It’s exactly the right information you need, which you and your advisor can access at exactly at the same time. This is how Xero is able to empower your accountant to be your Virtual CFO – by handing them the real-time data they need to give you the help you need.
Being online allows us to update the software more frequently to immediately deliver you new features and enhancements, without requiring you to update the software yourself. Lots of business owners I know are forced to bring in outside expertise to update their current accounting system. Xero eliminates this hidden cost. With Xero, the total cost of ownership is just the subscription fee – and of course there’s no restrictions around what machines you use – no matter where you are in the world.
Being online – it’s the future. It’s exciting – and I’ll be talking about the future of technology at Xero over the next few months.