Your guide to bill approval as part of streamlined invoice processing

Here’s something that shouldn’t come as a surprise: Any organisation – be it commercial, government, or not-for-profit – has to pay its bills. And the reason for that is very simple. If, as an organisation, you don’t pay your suppliers, employees or partners on time, chances are you will not survive for very long, regardless of […]

Driving the Cost Out of Approvals

In contrast to larger organisations, smaller businesses are expected to work more efficiently, and with less clutter. Non-productive activities and redundant job responsibilities should be identified and cast aside. However, surprisingly, that is often not the case. As soon as there’s a significant amount of tasks performed by different people, and there are dependencies across […]

Sales Invoice Approval Process: How to Digitise for Paperless Accounting

If you’re in charge of a professional services company, such as an accountancy firm or design agency, then you’ll know first hand just how fun and challenging it can be. The fun part will come if you ever find yourself issuing hundreds of sales invoices every single week. You’ll undoubtedly be in dreamland – because […]

Xero Cash Flow App Playbook: The Vital Role of Data Automation

The importance of cash flow Any organisation – commercial, government, or not-for-profit – needs a healthy cash flow to support its immediate objectives and its longer-term goals. The reason is very simple: if your organisation can’t pay suppliers, employees, or partners on time, chances are you will not survive for very long; regardless of how promising […]

Xerocon London 2018: The Ultimate Roundup

Xerocon London 2018: The Ultimate Roundup We’ve been excited about Xerocon London 2018 for a long time, and since Brisbane we’ve been itching to get involved in this amazing ecosystem event. Day One Day One Morning Gary Turner, Co-founder and Managing Director: @GaryTurner BBC presenter, Louise Minchin, arrived on stage after a fantastic light show […]

Accounting & Finance Roundup: What did you miss in October 2018?

Hello, and welcome to the roundup for October 2018. In this edition, we feature stories about cloud accounting, the difficulty of filling accountancy jobs, the fear of fintech, small business CFOs, accounting in an IoT world, and the big issues facing accounting firms. Enjoy! A caveat: These are the opinions of the writers themselves. We […]

Purchase Orders vs Budgets for tighter spend control

Recently, we ran a webinar where we shared some industry best practices for establishing full spend control, increasing financial data quality, and optimising company spending. Did you miss it? Watch it here. During the webinar, which was attended by around 80 people, we were asked a very thought-provoking question, and we have dedicated an entire […]

App Advisory: Looking at the Process Management Perspective

The growing demand for app advisory services is not going unnoticed by accounting practices the world over. It is increasingly being viewed as a promising new way of growing revenue by extending existing finance and accounting services to include app identification and selection. In a nutshell, app advisory requires you to understand the opportunities available […]

How to dramatically improve your invoice approval process

Invoice approval processes: How to improve In most workplaces around the world, employees strive to do their best and to be as productive as possible. However, even in the age of streamlined workflows and cloud-enabled technology, some processes can kill productivity, instead of helping. One such process, often guilty of doing just that, is the […]

Invoice approval workflow for Xero: A step-by-step guide

A guide to invoice approval workflows There’s no denying that Xero comes out of the box with a whole host of fantastic functions and features. In fact, it’s hard to fault it at all. But there is, in our opinion, something missing: a complementary workflow approval process for the payment of invoices. Why? Well, here’s […]