Is using an expert Xero Advisor worth it?

When it comes to managing your finances, especially for business purposes, the complexity can be overwhelming. This is where an expert accountant with a specialization in accounting systems becomes invaluable, particularly for learning and mastering software like Xero.

Hang on I can hear you mumbling something along the lines of ... 'but I can read the free articles on Xero's website or watch a video on YouTube. Why should I pay for an 'expert' when there is so much free info on the internet?"

You are not wrong ... but... there is a lot of free stuff out there trying to pass itself off as "information".

I love a freebie, after all, I am an accountant and we are supposed to fit the stereotype of being frugal with our money. However, I need to be blunt and stamp this myth out before it costs your business precious time and money.

Free online resources can be useful when you need a quick answer to a simple question like 'how do I invite my accountant into my Xero file?' Free information such as this is great but it's limited to a basic understanding of how to navigate around the software. It does not go into more detail or answer specific concerns that are unique to your business or industry.

The in-depth knowledge and quality of expertise that is provided by a professional accountant, especially one that specialises in accounting systems such as Xero, are unmatched.

Here are five amazing reasons why you need an expert Xero advisor and not just a freebie off the internet:

Tailored System Setup

An expert can customize Xero to fit your specific business needs, ensuring that you're not just using the software, but optimizing it.

Imagine reports that are presented in a customised manner for your monthly meetings. How about connections to other software so they integrate seamlessly and you don't have to hire another person to cut-and-paste numbers between systems? What about connecting it to your inventory management system or POS system so you have real-time data without lifting a finger?

Xero may look like simple software to set up, but that's because it was designed to look and feel that way to a customer. It's a very powerful accounting system and when set up correctly for your specific business needs, you will love it.

Efficient Problem-Solving

With their deep understanding of accounting systems, experts can quickly identify and resolve issues, saving you time and frustration.

Have you ever spent hours trying to find the answer to your question and come up empty? What about that persistent error report you get each week when you try to lodge an STP report and have to call your accountant to do it for you (and pay their fee for helping)?

This is where an expert can help to quickly identify the underlying problem and develop a solution to fix the problem for good rather than band-aid the system to hide the symptoms.

Strategic Financial Planning

Accountants can provide strategic advice on financial planning and reporting, helping you to make informed business decisions.

One thing that is powerful about Xero is its ability to provide real-time financial information on the health of your business. Working with your accountant with a correctly set up and maintained Xero file can help you as a business owner to make informed decisions. Working with old or questionable information will not allow you to make good decisions or miss out on opportunities.

Ongoing Support and Training

As Xero evolves, an expert can offer ongoing support and training, keeping you up-to-date with the latest features and best practices.

Let's not also forget when using Xero for the first time, training is imperative if you want to hit the ground running.

When was the last time those YouTube videos you watched were updated? Are they still showing how to use the old menu bar from years ago? If the content creator cant be bothered to keep their videos up to date, then they are not someone you should have confidence in to help run your business affairs - after all platforms like YouTube are designed to sell Ads and these content creators are simply using click-bait to get paid.

Compliance and Security

An expert ensures that your financial data is not only compliant with the latest regulations but also secure from potential threats.

I should have put this one at the top of the list. Cyber security is impossible to ignore when running a business. No matter if you are an auto repair shop or design rockets to the moon, you need to make sure your system is set up to be a secure as it can be. This includes any connections to Government departments and agencies like the Australian Taxation Office (ATO) so you can file your reports directly to them in a secure manner.

How can Numerex help you?

By leveraging the expertise of a specialized accountant such as Numerex, you can gain confidence in your financial management and free up time to focus on growing your business. The investment in expert guidance can pay dividends in the efficiency and security of your financial operations.

Numerex provides software training, support and specialist consulting services to small business owners and not-for-profit organisations.

We are Xero experts and certified Xero trainers that can help you where a freebie off the internet fails you or you want to Account it once. Account it right from the beginning of your journey.

Are you ready?

Tired of your systems not working properly? Need to finally get around to training yourself or staff on how to use the systems you paid big bucks for?

Book an Expert