Like many small businesses, XYZ Bakery (name has been changed for privacy) struggled with managing their finances and keeping track of their expenses. That was until they discovered Xero.
XYZ Bakery is a small family-owned business that specialises in homemade cakes, pastries, and bread. They have been in business for over 15 years and have a loyal customer base. However, like many small businesses, they struggled with managing their finances and keeping track of their expenses. That was until they discovered Xero. In January 2022 XYZ Bakery approached KPI Business Advisory and requested that they convert their bookkeeping systems to Xero.
Before Xero, XYZ Bakery was using a manual accounting system that was time-consuming and prone to errors. Keeping track of invoices, expenses, and bank transactions was a hassle, and the owner often found herself spending more time on accounting than on running the business.
When they heard about Xero, they decided to give it a try. The switch to Xero was seamless, and they were up and running within a few days. The first thing they noticed was how easy it was to use. The interface was intuitive and user-friendly, and the automated bank reconciliation and online invoicing features saved them a lot of time.
With Xero, XYZ Bakery was able to get a better understanding of their finances. The real-time reporting feature allowed them to see where their money was going and make informed decisions about their business. They were also able to keep track of their expenses more easily, which helped them to stay within budget.
The mobile app was also a game-changer for XYZ Bakery. The owner could now access her accounts from anywhere, which meant she could check in on the business even when she was away. This gave her peace of mind and allowed her to focus on other aspects of the business.
The results speak for themselves. Since switching to Xero, XYZ Bakery has seen a significant increase in efficiency and profitability. They have been able to save time and money, which has allowed them to focus on growing their business. They are now able to serve more customers, and their sales have increased by 20%.
Xero has been a life saver for XYZ Bakery. The cloud-based accounting software has made managing finances and expenses a breeze, and the real-time reporting and mobile app features have allowed them to make informed decisions about their business. As a result, they have seen a significant increase in efficiency and profitability. If you're a small business owner looking to streamline your accounting process, Xero is definitely worth checking out.
Are you seeking to convert your bookkeeping systems to Xero? Contact KPI Business Advisory today and we’ll ensure that your transition to Xero is smooth and seamless.