xero: the ankylosaurus of accounting solutions
DESCRIPTION
Is Xero the right accounting solution for you? This series, sponsored by shoeboxed.com, is dedicated to reviewing five different small business accounting solutions so that you can determine which one is right for you and your business. And to spice things up a little, we’ve put a prehistoric twist on it!TRANSCRIPT
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“The Ankylosaurus of
Accounting Solutions”
Xero at a glance:
• known the world over for being a beautiful,
user-friendly accounting solution
• integrated with over 50 add-ons to fit almost
any accounting need
• based in New Zealand but spreading rapidly in
Australia and the United States
Toll Free: 1 (888) 369-4269TM
Xero strengths:
• beautiful, user-friendly and intuitive interface
• integrates with bank feeds and cross-
references receipts for reconciliation
• complete sales tax support
• unlimited access points
• full international currency support
Toll Free: 1 (888) 369-4269TM
Xero weaknesses:
• does not handle inventory, purchases or stock
• the monthly fee may increase with add-ons,
not all add-ons are free
• US-based payroll is not built in (yet)
• exporting data can be time consuming
• reported issues with reconciliation
Toll Free: 1 (888) 369-4269TM
Xero is ideal for:
• everyone looking for an easy-to-use, cloud-
based accounting platform
• anyone who travels or conducts business
internationally on a regular basis
• those who work in an industry
• businesses planning to scale
Toll Free: 1 (888) 369-4269TM
Like Xero, an Ankylosaurus:
• was a durable, well-armored force, not to be
trifled with by the faint of heart
• traveled in large packs, recognizing that it was
safer and more efficient to move in groups
• wasn’t the largest dinosaur of the prehistoric
era, but had one of the longest lifespans
Toll Free: 1 (888) 369-4269TM
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More information available
For a complete Xero product review, including more
information on why Xero is the Ankylosaurus of
accounting solutions, please visit the Shoeboxed Blog:
www.shoeboxed.com/blog/dino-series.
Toll Free: 1 (888) 369-4269TM
About ShoeboxedSince 2007 Shoeboxed has been the industry leader in online receipt scanning and
organization, serving over 500,000 small business owners worldwide. The pioneers of
cloud-based receipt scanning, Shoeboxed saves users time, money and hassle by turning
receipts into a categorized, IRS-accepted archive of secure online data.
Shoeboxed offers a fully functional free plan, as well as premium plans that include a
prepaid mail-in service for physical receipts. Shoeboxed also accepts receipts via their
free smartphone apps, with their free desktop uploader, or at [email protected].
Shoeboxed is based in Durham, North Carolina, and has growing offices in both San
Francisco, California, and Sydney, Australia.
Toll Free: 1 (888) 369-4269TM