businessDEPOT are accountants and business advisers who empower the bright ideas of SMEs [and the people behind them]. businessDEPOT's bookkeeping specialist Jo Rowell shares her insights into the benefits of cloud accounting, particularly for small business. Cloud accounting helps SMEs become more agile and able to adapt to changing technologies to increase efficiencies in their business. http://businessdepot.com.au/solve/bookkeeping

1. @business_DEPOT businessdepot businessdepot.com.au

3. Bookkeeping specialist
[and XERO guru]
j.rowell@businessdepot.com.au
(07) 3193 3057

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5. • Cloud is a metaphor for the Internet
• Remote servers
• Remote access
• Rapid adoption
• Sheer amount of resources via Cloud computing incomparable to mainframe/terminal host
computing
• Software-as-a-Service (SaaS)

6. “Oz is #2 ‘cloud-ready’
market worldwide”
FORRESTER
“Spending on cloud to
increase 300% in 2014”
CLOUDABILITY
“86% of businesses
using cloud apps”
IDC
“Smartphone
penetration at 72%”
TELSTRA
“60% of SMEs to
increase cloud budget”
FROST & SULLIVAN
“Tablet penetration
to be 80% by 2018”
FROST & SULLIVAN

7. • Evolution…. or is it time for a revolution?
• Agility beats efficiency
• Empower your staff
• Creating lasting value
• Move investment closer to the customer

8. IT Solutions emerging in
consumer market
Innovative companies
leverage in business
markets

9. • Collaboration
• Ease of access
• Extremely secure
• Reduced costs
• Improved business performance

10. • Ease of expanding your business
• Automatic software upgrades
• Improved back-up
• Future proofing your business

12. • Cloud based
• Real-time data
• Collaboration
• Access anywhere, anytime on any device
• Increased efficiency
• Unlimited users
• Actively monitored and maintained servers

14. Online Accounting
• Real time cashflow
• Shared visibility
• Fully integrated payroll
Online Invoicing
• Create and send invoices automatically
• Get paid faster with online payment options

15. Online Bank Reconciliation
• Up-to-date view of your business
• Live bank feeds
Add on partners
• Ability to create customised solutions
Management Reporting
• Flexible reporting and ease of business analysis

16. Payroll Processing
• Automatic calculations
• Tax, super and leave with all the thresholds calculated
• Employee portal
• Employees can print pay slips, payment summaries and request leave
• Automatic super payments
• Leave management
• Leave accrual calculations and automatic leave scheduling

17. [Xero Senior Account Manager]
• What is Xero?
• How easy is it to use?
• What are the benefits of Xero?

18. • Xero is the world leading online accounting system
• Dual Listed on ASX & NZX, Market cap of $3.3 Billion AUD
• 1000+ staff globally, 150+ in Australia
• 371,000 customers globally, 160,000+ in Australia
• A new release every 4 – 6 weeks
• Unlimited users, with different roles
• Bank feeds from 5,000+ institutions

19. Converting from an existing accounting package, simply set up
and training or bookkeeping support
Manufacturing, Real Estate, Consultants, Medical practitioners, Retail

20. Mike Ashby, Principal – Elders Real Estate Southern Gateway, Perth WA

21. Xero Senior
Account Manager
Managing
Director,
businessDEPOT
Bookkeeping
Manager,
businessDEPOT

23. @business_DEPOT
businessdepot
businessdepot.com.au
au.movember.com/team/1689325
j.rowell@businessdepot.com.au
(07) 3193 3057
j.knight@businessdepot.com.au
(07) 3193 3001