7 key announcements from Xerocon Denver day one

Every Xerocon brings a slew of new Xero product announcements and software enhancements, but Xero partners were in for a real treat today in Denver. Here’s a brief overview of some of the features we unveiled —including a brand-new app for your Apple Watch.

1) Business Performance Dashboard

Businesses will now be able to identify potential pain points or concerns early enough to take action. The Business Performance dashboard incorporates Xero’s new analytics function. The dashboard’s reporting option provide a view of a business’s performance across a wide range of standard business metrics. Business owners and their financial advisors can easily view graphs of each metric through a simple, beautifully designed and integrated interface. This will fast become a critical tool for promoting effective, real-time decision-making within small businesses.

2) Apple iOS Integration

It’s no secret that the rapid adoption of wearable technology is well underway. Xero’s mobile app offers consistent access and ease of use from any Apple device—whether a MacBook, iPhone, iPad or Apple Watch. Our keynote showcased an integration with the Apple Watch that provides consistent, elegant banking notifications while owners are on the go.  “We waited to see how it would be used, and found that the Apple Watch is primarily a notifications engine,” said Luke Gumbley, Xero’s Product Manager of Mobile. And the Xero Apple Watch app does exactly that, providing notifications of transactions as they come in. Learn more at xero.com/apple.

3) Enhanced Integration with Gmail

At Xero, we’re dedicated to creating solutions that seamlessly integrate with the tools businesses already use. That’s why we’re working to integrate email and contact records—initially via Gmail—into the Xero platform. Xero users will have the capability to choose a filtered view of their inbox in relation to a specific business contact, expanding the capabilities of Xero beyond accounting and into other crucial areas of small-business management.

4) Payroll in Xero expands to Colorado

“We do believe that there should be a seamless integration between payroll and accounting,” said Silvana Narvaez, Xero’s Director of Product, Global Payroll. Xero’s payroll function—now supporting businesses in Colorado—streamlines the accounting process by providing accurate employee timesheet management, as well as worry-free payments with direct deposit or printed checks.

5) Xero Me

In an effort to simplify critical communications between business owners and their employees with Xero Me, a new iOS app was designed to ease and automate key functions that come with running a business. With the app, employees communicate easily and immediately with business owners and decision-makers to request time off or view payslips in real-time from their mobile device, whether at home, at work, or on the go.

6) Xero Billable Expenses

Xero has new expense capabilities to help businesses manage costs that they can bill to clients. It paves the way for consistent, transparent expense tracking in an effort to promote positive cash flow. When a purchase is recorded, the business owner can simply specify which client to whom the expenses should be assigned.

7) Practice Reports

This was a real treat: The Practice Reports are a simple and fast way for accountants and bookkeepers to generate powerful business insights for their clients. Traditional financial reports take hours to build and are difficult to keep up­-to-­date. Xero’s Practice Reports enables reports to be built in minutes and based on accurate real-time data.

That’s just a taste of the new features and products available to Xero partners. Stay tuned to this blog for more details on each of the seven announcements above.

Until next time,

Angus

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