The 5 Best Xero Add Ons – Updated For 2019!
For our all time top list of Xero add ons for businesses that we keep updated every year, check out our top Xero add ons post here!
Xero add ons (now know as Xero apps) and the wider Xero ecosystem can provide your business with a real edge. But which ones are the best for you and your business? With new entrants all the time, we’ve taken another look at the best in class Xero add-ons for small businesses.
Here are our current top five:
Chaser’s cloud credit control software integrates with your existing financial system to help you do exactly that. Their average user not only saves 7.3 hours a week on credit control activities,but boosts their cash flow by £4,400 per £100,000 turnover.
With the human touch at the forefront of their automation philosophy, Chaser enables you to send email chasers that look like they were hand-typed by you. You have the power to customise email templates and sending schedules that match how you’d email manually. And every email chaser sent reflects your regular business email address and email signature, unlike other obviously-automated email reminders.
Float offers easy-to-understand cash flow forecasting software for business owners and financial advisors. We all know that all businesses should be doing cash flow forecasting, but it takes so much time that many don’t do it, and those who do it wish it was less painful. Enter Float, which pulls in live accounting data from Xero to automate the creation and maintenance of a cash flow forecast (not to mention helping answer those longer term ‘what if’ questions). Just enter your forecasts and let Float show you your future cash position. For a preview of how Float works, click here. Float also won Xero’s Emerging Add On of the year in 2014, Best Forecasting, Planning and Analysis Software at the Software Excellence Awards in 2017, Best Cash Flow Software at the ICB Luca Awards in 2018, and is rated 5 stars on the Xero app marketplace.
Float now offers even more flexibility around budget setting, as well as an expanded insights page, allowing you to drill into budget vs actuals, scenario comparisons, and much more.
GoCardless provides businesses with a simple way to collect regular payments online as soon as they’re due.
In fact, GoCardless recently carried out research into the impact of Direct Debit on UK Accounting Firms. They found that the higher the percentage of client fees taken through Direct Debit, the lower the firm’s average debtor days. More than 30,000 businesses, including 3,000 accountants, use GoCardless to automatically collect fixed and variable payments against invoices, subscriptions, and payment plans of all types with Direct Debit.
Once you integrate with GoCardless, payments are taken directly from clients’ bank accounts on the due date using Direct Debit. You won’t need to chase payment like you do with Bacs transfers, cheques and cards; and you can easily flex the payment amounts and dates (unlike with standing orders). GoCardless integrates with all the leading accounting softwares, including QuickBooks Online, Sage and Xero, offering automatic payment collection and reconciliation, and dramatically reducing payment admin.
Deputy helps you with employee scheduling, time and attendance. Its integration with Xero means you can easily sync employee details, manage absence or leave and, best of all, it helps manage your payroll! No more time-consuming calculations about overtime, allowances or penalty rates; it’s all automatically calculated and can be implemented with a few clicks of the mouse. They just took on $25m in investment so expect the product to get better and better over the coming years.
Quotient is the simple quoting system for SME’s. Their integration with Xero helps prevent double entry, allowing you to seamlessly track initial quotes through to invoices. From opening a dialogue with a client, to uploading pictures, editing quotes, and getting legally-binding acceptance, Quotient is a time saver that is loved by loads of SMEs.
All of these Xero add ons aim to automate your workflow, save you time and make your life that little bit easier. By creating a ‘business stack’ like this, your productivity gains should see you racing ahead of the competition!