Exciting New Features and Updates from Xero
As a business owner or accountant, staying updated with the latest tools and features is crucial for maintaining efficiency and staying ahead of the competition. Xero, a leading cloud-based accounting software, has recently introduced several exciting updates and innovations that are set to revolutionise the way we manage finances. Here’s a roundup of the latest news from Xero.
Just Ask Xero (JAX): The Future of Accounting
One of the most significant announcements from Xero is the introduction of the GenAI-powered Just Ask Xero (JAX). Demonstrated live at Xerocon London 2024, JAX is designed to streamline accounting tasks through advanced AI capabilities. This innovative tool promises to make it easier for accountants and bookkeepers to get answers and insights quickly, enhancing productivity and accuracy (Xero Blog) (Xero Blog).
Enhancements to Mobile Apps
Xero has rolled out several updates to its mobile apps, aiming to provide users with a seamless and productive experience on the go. The Hubdoc mobile app, for instance, now allows small businesses to upload bills, receipts, and invoices with a simple photo. This update not only saves time but also reduces the need for manual data entry. Additional improvements include a fresh design, enhanced usability, and new functionalities like the ability to upload multiple photos and add tags and notes to documents (Xero Blog).
Xero Accounting App Updates
The Xero Accounting app has also received a series of updates to help users stay productive away from their desks. New features include improved contact sorting, enhanced dashboard customisation, and better bank reconciliation suggestions powered by machine learning. These enhancements ensure that key financial information is readily accessible, making it easier for business owners to manage their finances on the go (Xero Blog).
Xero Me: Simplified Payroll and Expense Management
For employees, the Xero Me app has been updated to provide a more efficient way to manage payslips, timesheets, leave requests, and expense claims. The app now includes better mileage tracking, improved timesheet entry, and faster expense claim submissions. These updates help reduce administrative overhead for businesses, allowing for more accurate and timely payroll processing (Xero Blog).
Xerocon London 2024 Highlights
Xerocon London 2024 was a major event where Xero showcased its latest innovations and updates. Key highlights included the introduction of new product features and tools designed to support accountants and bookkeepers. The event also emphasised the importance of community and collaboration, bringing together industry professionals to share insights and experiences (Xero Blog).
Conclusion
Xero continues to lead the way in accounting software innovation, providing tools that make financial management simpler and more efficient. Whether through AI-driven insights with JAX, enhanced mobile app functionalities, or improved payroll and expense management with Xero Me, these updates are set to make a significant impact on businesses and accounting practices.
Stay tuned for more updates from Xero, and make sure to take advantage of these new features to enhance your productivity and streamline your financial processes. For more detailed information on these updates, you can visit the Xero Blog (Xero Blog) (Xero Blog) (Xero Blog) (Xero Blog).