The Business Performance dashboard is now available to all our customers and advisors. This release marks the start of a new wave of Xero functionality. We’re giving our business owners and their advisors access to new, more powerful insights into the health and performance of their businesses.
Last week we talked about what to expect from the Business Performance dashboard. Check out the video to see an overview of the dashboard and the value it provides.
It has always been our vision to give our customers more than just an online accounting application. We want to help your business take the next steps toward being profitable and successful.
We’re taking all the information Xero has – invoices, bills, payments, expenses, assets – and using it to provide even more value. We’ll now offer new insights into the health of your business that would otherwise have taken hours of manual input from other dashboards and reports.
The Business Performance dashboard shows you how the performance of your business ebbs and flows from month-to-month. It highlights seasonal variations to help you prepare for the months ahead. It shows you trends in your business that aren’t obvious running reports month-to-month.
What can it do?
There’s more going on here than a few pretty graphs.
As an advisor, imagine if you could set thresholds for your clients’ metrics. Imagine that we let you know if any of your clients exceeded a threshold. How would your clients feel if you contacted them before issues become critical?
As a business owner, imagine if you could ask Xero, “am I paying too much for a business in my line of work on travel?”. Or, “…is it me, or do all businesses in my region have a winter slowdown?”.
We want to provide you and your advisor with simple visualizations and key metrics. This should lead to improved business practices, more profits, more staff, feeding the economy. In fact, this is exactly why we started Xero.
Exciting times ahead!