The Benefits of Using Xero Accounting Software

1. The Benefits of Using Xero Accounting Software Xero is a great choice of accounting software for businesses and allows you to manage your finances in real time. It is a cloud-based accounting software that allows for add-ons and integration: providing innovative finance automation technology tailored to your needs. Over 3 million people worldwide use Xero and trust it to manage their finance. However, invoice processing using automated workflows is missing from the platform. Many businesses manually process hundreds of invoices every month, which can cost a significant amount in staff wages. Staff from several departments may be working on different projects with different budgets too, which makes keeping tabs on everything difficult. Wasting time manually keying invoices for orders you aren’t even sure who raised just isn’t an option for a thriving business anymore. An invoice approval workflow software for Xerocan help, as it allows members of a finance team to easily oversee all spend including staff purchase requisitions, purchase orders and supplier invoices. It also gives staff more time for valuable tasks and professional development, rather than wasting iton manual data entry. There are several features that can transform your invoice processing into an automated, efficient system with maximum control, however there are two main ones to look for. It is best to look for a system that includes both of these, as you won’t want to switch between software during tasks. Zahara Software is an all-in-one invoice approval workflow software for Xero that provides all of the following features in one system: 1.Customised approval workflows

2. As mentioned, when an invoice comes through it is important that it is approved by the finance team or other appropriate members of the business. Zahara allows you to create customised approval workflows where you select who needs approver rights and the conditions that the invoice must meet to reach that person. For example, if the invoice is up to £1000 it may be sent to the finance administrator, or if it’s over £50,000 it may need to go to the CEO. Approvers can approve or reject an invoice and even add comments or documents to support their reasoning. 2.Purchase Order matching Zahara’sbuilt-in optical character recognition reads invoices and purchase orders, carefully pulling out necessary information and matching orders. This ensures each invoice sent to the business is traced back to the purchase order

3. you made, so you can recognise if there is a different price or quantity than you were expecting. OCR can even help with fraud prevention, as it detects fraudulent information on an invoice, catching it out before you pay it. For more control on your business finances and to keep up with best practice in accounts payable, an invoice approval workflow software for Xero is the best option. Learn more about Zahara or book a 1:1 call with an expert today, to find out how fast and affordable it is to set up invoice approvals. For More Information Visit Here: Click Here for visit our website: https://www.zaharasoftware.com/