Back in May, I went along to the Xero Roadshow 2019 at The Belfry Hotel & Resort, in Birmingham.
Xero took their roadshow to 11 cities between 8 May – 11 June, hosting hundreds of accountants and bookkeepers at each event.
Exhibitors included Receipt Bank, Hubdoc and WorkflowMax, and headline apps GoCardless and Fluidly were also showcasing their services.
Throughout the day, Xero experts and members of the Xero leadership team gave talks on the power of integrated apps; they discussed new products and forthcoming enhancements to the Xero product; they delivered demonstrations and they provided insights into their plans for a digital future.
Why did we go along?
We’re committed to consolidating and enhancing our Making Tax Digital (MTD) ‘know-how’. In turn, this enables us to help you to make a success of the switch to digital!
What did we learn about Xero?
- Xero now has over 463,000 UK subscribers
- Xero are actively looking into introducing more forecasting services in the future
- ‘Mileage’ as an add on to expenses will hopefully be coming soon
- Xero wants to help its customers to better monitor KPI’s, via the dashboard facility
- ‘Small Business Insights’ provides a monthly snapshot of the UK’s small business sector
… and last but not least, an interesting fact (not related to Xero specifically) that resonated with us for obvious reasons;
{85% of businesses who engage an accountant early on survive 5+ years, compared to those who don’t – of those who don’t engage an accountant early on, typically only 50% survive}
Author insight…
“It was really interesting to learn about Xero’s plans for development and to be involved in discussions about other users’ experiences with the software.
We also had the opportunity to hear from third party integrators about the benefit of apps, and from individuals who spoke about their intentions to utilize a ‘network’ of systems and applications to suit their organisation.
Xero clearly have some promising ideas for the future. As these come to fruition, I look forward to continuing to help our clients implement new processes, controls and systems that can add real value to their businesses.”
Secure the right support…
With MTD now underway, as of 1 April 2019, we remain committed to consolidating our expertise and proficiency in a number of the key software packages on the market; including, Xero, Kashflow and Sage. This means that we can facilitate access to a solution suited to your business’s needs.
Our experts have undertaken rigorous training and can provide you with as much, or as little, input as you require; from initial set-up and training to incorporating your chosen software into your usual accounts routine.
Here at George Hay, we want to see the businesses we work alongside continue to thrive following the move to MTD and we are already helping many of our clients to look at it as an opportunity, not something to oppose.
To find out how our friendly professionals, based in Cambridgeshire, Bedfordshire and Hertfordshire, can help you when it comes to choosing and implementing an MTD-compliant software package, or to speak with one of our advisers about what exactly is required of you under the new regime, contact us today: –
Huntingdon – 01480 426500 / huntingdon@georgehay.co.uk
Biggleswade – 01767 315010 / biggleswade@georgehay.co.uk
Letchworth – 01462 708810 / letchworth@georgehay.co.uk
