December 4, 2011

Xero saas based accounting software review

Synopsis:
Xero Accounting software is small business solutions for SME sector and successfully operates in many organizations across the world. It’s a web based application and developed in asp.net platform. Supported Mac or Windows operating systems but we can reap the benefits also from ubuntu . Xero include inventory management, payroll, suppliers and customers database and we can generate reports for all. Double entry accounting system , which can support Pakistan accounting standards and Middle East.
Starting price from $ 19 and you can take test-drive https://www.xero.com/signup/       

Features:
Xero Accounting software has lot of features for that would be fit on Pakistan and Middle East small organizations.  

Instantly see all your bank balances, recent sales and upcoming bills.
Reconcile foreign currency accounts. Gains & losses are calculated for you.
Do pay runs and track wage expenses or connect with your payroll system.
Easily update fixed assets & depreciation schedules for accurate reporting.
Your data has never been safer. 
Unlimited, around the clock email support and detailed online help center.
Instant, up-to-date reporting with quick links to all the original transactions.
Manage your spending and make bill payments in bulk to creditors.
Handle personal expenses - just review and approve receipts.
Do invoicing, expenses and track cash flow on the go.
Track stock movements & make invoicing even easier with inventory items.
Run a simple yet sophisticated retail system with any laptop.
See your most important customers & suppliers to follow up right away.
Simple budgeting tools keep you on top of spending & savings goals.

Advantage
Software hosted on the web reduces cost of hardware.  
Good for those companies who would like to outsource IT function.
All features available for small industries to automate Accounting , Supply Chain and Payroll .
Access reports from iphone.
Unlimited users.

Disadvantages
Technical support only available on internet.
No company presence in Pakistan.
No partners exist in Pakistan for technical & implementation support or functional support.
No ownership of software license.

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Thank you .