New features announced at Xerocon London
Get a financial snapshot with our “Financial Overview Dashboard.” Tailored for decision-makers, it offers real-time insights into revenue, expenses, and profitability. Small businesses, accountants and bookkeepers locally and across the world trust Xero with their numbers. Explore Xero accounting software and its tools for small businesses, accountants, and bookkeepers. We’ve had a really positive response from customers who have tested the new dashboard as part of our design research panel. We will continue to listen to your feedback on the features you’d like to see in the future, so we can make it easy for you to keep an eye on your finances and stay on top of your cash flow. Get a snapshot of cash coming in, going out, and bills that are due, to gain insights into business cash flow.
- The functionality of your Xero dashboard won’t change, but there are some small tweaks to the design that may take some getting used to.
- JAX, your smart business companion, available in beta in August this year, will help you and your clients run your businesses more efficiently.
- We announced the beta is now open for an integrated practice management and tax within Xero Practice Manager (XPM) to UK accountants and bookkeepers.
- I’m excited about the developments we’ve made in GenAI over the last year, and we’re just getting started.
- Xero Payroll in the UK also includes a number of improved features designed to suit a workforce that increasingly wants to work more flexibly.
- Get real-time insights into financial and operational metrics for informed decision-making.
Add online payment options for more ways to get paid
It’s all part of our work to upgrade the technology that underpins our platform, so it doesn’t slow us down over time. Just as you need to upgrade your phone every few years, we need to update Xero so we can continue to build the features that you need in your business or practice. I’m excited about the developments we’ve made in GenAI over the last year, and we’re just getting started. As GenAI continues to evolve, the possibilities it brings in terms of efficiency, innovation, and competitive advantage to businesses that embrace it are vast. At Xero, we’re really excited about the possibilities these new AI developments will open up for you and your clients, but adapting to new tools – even if they’ll make life easier – can be difficult or confusing.
That’s a wrap for Xerocon London 2024!
It was so exciting to demonstrate Just Ask Xero (JAX) live in front of an enthusiastic crowd of accountants and bookkeepers at Xerocon London today. We previewed this innovative new product at our Investor Day earlier this year, and we’re really proud to be able to show a live demo only a few short months later. Explore all the different ways you can use Databox to gain better data insights needed to drive better business decisions. Discover our pre-built templates from various integrations that businesses use on a daily basis to improve performance. As you can see, we’re really making strides on delivering on our product vision to build the most powerful accounting platform in the UK.
Shared data
Now, users who are working in Xero and ask for help will get a fast, simple, AI-generated answer alongside a list of other relevant content articles. The answer takes into account the page they’re viewing and the version of Xero they use to ensure the surfaced information is relevant. We know that in accounting, there’s just no room for this kind of hallucination.
We hope these guides help to provide some inspiration in taking the first step towards exploring using AI in your practice and encouraging your clients to do the same. So, to help you and your clients embrace AI and understand the benefits of these new tools, we’ve published two simple AI guides, tailored to small businesses and their advisors. Xero’s dashboard template provides you with insights about cash flow, bank accounts, sales and expenses entered in Xero to stay on top of your business. We were excited to unveil the first look at the client insights’ snapshot which shows key client financial health metrics such as business health, profit and expenses across the practice.
Whether you are looking for client reporting dashboards, agency dashboards, marketing dashboards, or sales dashboards, Databox can help you build them. Xero Payroll in the UK also includes a number of improved features designed to suit a workforce that increasingly wants to work more flexibly. We’ve made it easy to manage employees’ working patterns to support non-traditional working hours, such fiscal year wikipedia as four-day working weeks. Set up of employee pensions has also been simplified with additional guidance and increased flexibility to edit and update fields. Tap to Pay will first be offered to UK Android users in a beta program in August, and available on more platforms in the following months. Connect to apps that integrate with Xero to manage operations and collaboration from a single place.
At Xerocon today, I also touched on some other exciting developments Xero has made in the GenAI space. We finalise the integration process by connecting your data with visually stunning Accounting Practice Dashboards that let you monitor and improve your business continuously. We analyse your needs, create insightful https://www.personal-accounting.org/selling-general-and-administrative-expense-sg-a/ dashboards, teach you how to use them, and support you along the journey. The Designer allows you to easily drag-and-drop metrics and visualizations from any data source right into your dashboard. Let us know what you are trying to build and our team of experts will help you turn your data into actionable insights.
It will make managing jobs across your practice much easier when you know how they line up to your clients’ tax obligations. It will help you automatically prepare partnership annual accounts and tax using Xero data, and seamlessly file partnership tax returns with HMRC. You can now manage your compliance tasks, all in one place, eliminating the need to have multiple practice tools. Digitising tax and accounts workflows is the key to optimising efficiency in your practice, so we were delighted to unveil the next addition to Xero Tax, our new partnership tax solution, at Xerocon.
We take care of complex data integration by connecting to Xero platforms (Accounting, Practice Manager, WorkflowMax) as well as a variety of other solutions. When you need to customize this template (or any other dashboard) to include different metrics, add metrics from different sources, etc., you can do so by using Databox’s Dashboard Designer. The online accounting dashboard gives you the tools to proactively follow up on outstanding invoices.
Lead with confidence using our “SaaS Leadership Dashboard” powered by ChartMogul and Xero. We showcased the first look of payroll manager, a new dashboard in XPM and Xero HQ, that gives you an easy way to view payroll data across your practice’s clients in one place. Client insights will provide accountants and bookkeepers with the data they need to best support their clients.
Many of you have been eagerly watching to see how the rise of generative AI can help support productivity for you and your small business clients. And soon Just Ask Xero (JAX), our generative AI-powered smart business companion, will be here. It is available in beta in August and will https://www.kelleysbookkeeping.com/ help you and your clients run your business more efficiently. You’ll be able to ‘Just Ask Xero’ to complete tasks like generating an invoice or editing a quote, either in Xero or via other apps and devices that you regularly use day-to-day, such as mobile, WhatsApp and email.
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