EDINBURGH, SCOTLAND, October 22, 2008
/24-7PressRelease/ -- Online business services like web-based accounting software offer numerous benefits above traditional software. But in the current economic climate one particular benefit is becoming more and more relevant - price.
"With mounting fears of an economic slowdown, most businesses are taking a good hard look at the numbers and working out where they can make savings," says Hamish Edwards, Founder and UK MD of Xero online accounting software.
Unlike traditional accounting software where you buy a license to install a program on specific machines, using Xero online accounting software (http://www.xero.com/features/) involves paying a monthly fee which enables you to do your accounts online using a web-browser, with an unlimited number of users.
Says Edwards, "Moving to online accounting requires a very low upfront investment, you pay as you go, and someone else worries about hardware to store the data. This is pretty appealing to anyone with an eye on the bottom line - low maintenance, low cost, low resource profile."
Fans of online accounting (http://www.xero.com/freedemo) note other benefits include not having to worry about software updates or backing up of financial data. Because you are doing the accounts online you always access the latest version of the software confident Xero's technical team is there offering full support. Meanwhile Xero's extremely secure storage and back up procedures mean it's unlikely a small business could keep their data safer using an in-house solution.
And of course, in tough times the fact that online accounting makes it possible for everyone who needs to, to access the latest financial data in real time from wherever they are - key business decisions can be made quickly and in direct response to market changes. Yet another significant argument in favour of moving to web-based accounting software.
Further links / information:
· Learn more about how Xero online accounting software (http://www.xero.com/overview) can help you
· Test drive Xero web-based accounting software
· Contact Xero's online accounting (http://www.xero.com/contact) media and marketing team
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