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RA Business Advisors

  • 07 3367 0852
  • How Can We Help
    • FREE Business Health Check
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    • Solo & Micro Business
    • Business Advisory
    • Medium Sized Businesses
    • SMSF
    • Single-Touch Payroll
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Deputy

App Stacks – The Next Step For Business Optimisation

December 13, 2018 By raadmin

The future of business is digital.  This might sound like something you would hear from someone in the 90’s, but digital is taking on a whole new meaning. The world of apps long relegated to games and memes on iTunes has moved into the world of business. The positive effects on your business from having an ideal app stack are boundless. Research from Xero shows small businesses using apps grow net profit 30% faster.  

Hang on, what is an app stack? 

App stack is the name given to the family of apps you have working for your business. In the digital ecosystem it’s important to eliminate clutter. You need to make sure your app stack is set up to work efficiently for your business. When you have the ideal stack you are going to see administrative work eliminated, time saved and a foundation for success built.  

What are the ideal apps for small businesses? 

Xero – Xero is our bread and butter here at RA Business Advisors, but it’s for good reason. Xero is where everything starts when it comes to running your small business. All the apps that follow in your stack will most likely already work perfectly with Xero considering the Xero app marketplace already has over 700 apps integrated.  

Google Docs – Well-known by everyone but still an integral part of any small business, Google Docs is the go-to word processing software for those looking to save money.  

ReceiptBank – ReceiptBank allows you to scan receipts directly into Xero, simply take a photo with your phone and ReceiptBank will scan for important information and produce a handy version in Xero instantly. 

Hubdoc – ReceiptBank is the go-to app for your receipts but what about banks and online vendor receipts you have to fetch? That is where Hubdoc comes in, automatically fetching statements, bills and receipts from more than 700 banks and online vendors. 

WorkflowMAX – WorkflowMAX is exactly what the name suggests, a solution for maximising your workflow. Through WorkflowMAX you can push sales invoices to Xero, get payment confirmation, send invoices and view profitability all through one place.  

Deputy – Deputy is the ultimate employee management tool, simplifying rosters, timesheets and every aspect of payroll and time billing – all integrated with Xero. All in 1 click! 

If you want to take the next step and get a tailored app stack for your business which will work towards your goals, get in contact with us today on 07 3367 0852.

Filed Under: Technology Tagged With: apps, Deputy, Hubdoc, Receiptbank, WorkflowMAX, xero

Utilising the Xero App Marketplace to Save You Time

October 2, 2018 By raadmin

Time saving for small business has always been the focus of Xero, with over 700 apps on the marketplace to make Xero save you even more time. With so many apps it can be overwhelming, but there is no need to worry about which ones are best for your business as each app is reviewed by users – no room for bias! 

Xero app marketplace

Research has shown small and medium businesses who use cloud apps grow revenue 30% faster!

There are four key areas that Xero apps help businesses exceed in 

  • Project visibility and delivery: Achieve real-time views of projects that give you meaningful insight into how work will be completed and the impact on bottom line. 
  • Managing cash flow: Make sure your cash flow is healthy by realising revenue and settling bills efficiently 
  • Improve customer relationships: Generate new business through acquiring new clients as well as growing existing client revenue 
  • Managing people: Improve your processes to attract, retain and develop the right staff 

What are the best apps on Xero?

Let’s take a look at a restaurant business with a single storefront for example.

All of their accounting and payroll are processed through Xero, they also use apps to streamline point-of-sale, invoicing, and rostering.  

Vend

Vend provides a database of products which can be used to view profitability against wages and other expenses, opportunities to see sales, payments and posted stock orders as well as plenty of tools to analyse loyalty programs.  

Receipt Bank provides a one-stop automated solution for all supplier invoices to be deposited. Using your mobile device you can easily upload invoices through simply taking a photo. Receipt Bank automatically scans for GST and all other relevant information. This is all automatically uploaded to the cloud and transferred Receipt Bankinto Xero.

Deputy provides rostering software that all employees can easily use for time-sheets as well as processing leave and issuing rosters. Employees automatically receive messages whenever there is a roster change or associated changes. This app also allows you to easily juggle rosters in the case of an absent employee or spur-of-the-moment sick leave.  

You don’t need to worry about juggling between apps as all of these are integrated into Xero. Even better, these are all scalable, a store expanding to multiple stores can easily use Deputy to manage multiple stores, for example. 

But what if you don’t have a physical store?  

If you are thinking that maybe Xero might not be for you as you don’t have a retail business, there’s still value for you if you are operating a trade business for example.  

Through apps such as Tradify, tradies can manage jobs across multiple vehicles and process each job quickly through Xero. Through Tradify, a trade business owner can link their vehicles to employees, assign jobs, process billing for each vehicle and process payments for their employees – all through one app. Business owners can view all of this information through Xero at the end of the day, automating the things you don’t want to do and providing information you want all in one place.

How do I set this up? 

If you are already an avid Xero user, jump on the app marketplace and have a look at the highest rated apps. Otherwise, if you want to take the guesswork out of integrating apps – give us a call! We understand the importance of time and can set up your business with Xero and associated apps using the method that suits you best. We pride ourselves on providing you with knowledge and advice to incorporate Xero into your daily life without any hassle. Apps such as Tradify offer automation opportunities within Xero that truly change how you work, book a meeting with us now and see which apps would benefit your business!

Filed Under: Technology, Xero Tagged With: App marketplace, Deputy, Receipt Bank, Vend, xero

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