Xero Software for Construction

Why we recommend Xero for a Construction Business

Xero bookkeeping and accounting software can boost the productivity and profits of construction companies.

Whatever the size of your construction business, Xero has a solution to fit our needs.

What Xero for Construction Delivers

Xero’s construction accounting software will keep you on top of your day-to-day finances, giving you an instant picture of your financial position. With our bookkeeping services, Xero will increase your business’s productivity, profit and confidence. 

Grow a Trade business:

• Xero’s mobile app means being on top of your finances wherever you are, on-site, on the beach or working from home.
• Create estimates and quotes on the spot. With Xero, you can do this when you are with a customer rather than days later when you finally find some admin time. In addition, you’ll also be able to make updates, attach forms, and, once everything is agreed upon, convert them into invoices without having to replicate your work.
• Generate bills and customer invoices directly from the app to your customer, complete with your branding and logo if you add them.
• Automate follow-up on your unpaid invoices so you don’t have to find the time to think about it.
• Improve Cash Flow by sending your invoices to your customers online, paying suppliers and having better control of project costs.

• That Accounting Dashboard!
  Construction companies and builders love the intuitive dashboard. It allows easy tracking of overall financial performance at a glance. You can also drill down into all the detail you crave: invoice tracking, payments, credit cards, and create customised graphs and reports that deliver what you need to know, when you need to know it. Xero can bring together all your business’ essential information in on place and simplifies searching for information from contacts to transactions. It’s like the office manager you never had!
•   Xero App:
  Downloading the Xero app on your mobile or device means your financial information is as mobile as you are. Not only does this mean you’ll find it easy to approve expenses and input receipts. But you can send those quotes and invoices on the go as well, helping to speed up cash flow and win work. Managing your day-to-day accounts has never been so easy.
•   Xero Bank Feeds
  Xero means you can connect to your bank and ensure your bank transactions are fed directly into the software each business day. So, you can keep up to the minute monitor of your incomings and outgoings and reconcile your transactions.
•   Oh, the Invoices. . .
  Using Xero to invoice your clients means everything is done online. Faster online invoicing equals faster payments, and your records will be cleaner, easier to understand and always up to date. In addition, Xero offers you the ability to customise your invoices, so you maintain your business’ identity by using your logo and branding theme (if that’s a thing for you). So, your invoices can project the professional image you need to stand out. You’ll also be able to set up online payment options for ease of payment and automatic reminders for your more forgetful customers!
•   Xero Loves Integrating
  Most likely, you already use construction apps, like BuilderTrend, Tradify, Procore, to project manage your jobs. Xero loves integrating with other platforms like these. Integration can improve efficiency in your business and reduce admin time.
•   Xero Loves HMRC
  Xero is compliant with HMRC’s rules of CIS and will make life easier for you by automating the collection of taxes from subcontractors. As you know, contractors must report to HMRC monthly, giving details of all subcontractors that have been paid. With Xero, expensive mistakes in this area will be a thing of the past.
•   Hackers Hate Xero
  Xero is in the cloud, so it runs routine online backups of all your business information. All you need is a good internet connection and a mobile device to access your records. The backups are encrypted and stored in multiple cloudy locations. So, your data is always safe and secure and available for you to access whenever you need to. Its two-step authentication procedure offers you complete data security. You just have to remember it!
•   It will Improve your Relationships!
  Seriously! The contacts address book allows you to view a customer’s or supplier’s sales history and email exchanges, helping you to drive more business and make informed decisions. By enabling you to nurture your customer and supplier relationships, Xero can play a key role in generating and identifying new opportunities. It might even improve your relationships at home, by freeing up your time and easing your stress load, but we can’t offer guarantees on that!
  
  That covers the basics of construction accounting. We hope that’s convinced you that Xero is the right accounting software for your construction business. If so, contact us now!
• We’re Certified Xero Advisors and we can give you the best advice on how to make the most of Xero for your business.

Improved Customer Service

• Xero’s mobile app means you can keep on top of your finances wherever you are, on-site, on the beach or working from home.
• Create estimates and quotes on the spot. With Xero, you can do this when you are with a customer rather than days later when you finally find some admin time.  In addition, make updates, attach forms, and, once everything is agreed upon, convert them into invoices without having to replicate your work.
• Generate bills and invoices directly from the app to your customer, complete with your branding and logo if you add them.
• Automate follow-up on your unpaid invoices so you don’t have to find the time to think about it. 

Improve Profitability:

• Xero allows your accountant to see your finances in real-time, so they can do more to keep you on track, send invoice reminders and get paid on time.
• Job Costs make it easier to keep track of individual projects.
• Efficiently tracking job costs means you better understand your pricing and whether it’s working.
• The purchase order features make generating orders easy and transparent

Manage your Business

• Xero allows your accountant to see your finances in real-time, so they can do more to keep you on track.
• Project codes make it easier to keep track of individual projects.
• Efficiently tracking job costs means you better understand your pricing and whether it’s working.
• The purchase order features make generating orders easy and transparent

Believe it or not, there are even more advantages for construction businesses using Xero.  At Accurox, Xero is our software of choice. We help you get set up quickly and advise you on the best ways to use it to your advantage.

If you like to know more or discuss your situation, just get in touch.