Lamont Pridmore is fully accredited Xero partner
An online accounting package can give businesses a significant advantage as it can be accessed anywhere at any time, rather than being located on a specific computer. This means accounting tasks can be completed with greater frequency using the most up to date financial information available.
Lamont Pridmore is now a fully accredited Xero partner. Xero enables us to share the same financial information with our clients and access the relevant data at the same time, enabling us to provide a much more effective business advisory service including an outsourced finance director function.
Because the system is online, we are able to log in whenever we need to and check the business’s accounts, answer questions, provide targeted advice and run reports from real data in actual time.
The benefits of Xero include:
- A daily, not monthly, view of profit and cash within the business
- Invoicing when a job is completed, rather than waiting until the end of the month, thereby improving cash flow
- Identifying any cash flow problems early and reducing risk
- Being accessible anywhere, increasing flexibility
- Freeing up valuable time to concentrate on other areas of the business
- Helping to manage the business on a more regular basis by the hour, day or week rather than just on a monthly, quarterly or annual basis
- Assisting in helping to improve the net profits and performance of the business
- Helping accountants produce final accounts at the year-end.
To find out more about Xero and how it can help your business, please contact us.
