Consolidating financials used to be painful, not anymore

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Processing consolidations manually in spreadsheets takes time and can often be prone to error. Not only that, but the information might not always be the most up to date. And the problem only gets worse if you add in things like different currencies, inter-company transactions and more than a handful of entities. At Fathom, we eat these problems for lunch. …

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Approval automation for Xero

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ApprovalMax is a tool that extends the online accounting platform Xero with approval-driven financial controls. It replaces paper- and email-based approvals with fully automated multi-role and multi-tiered approval workflows, and ensures spend control and regulatory compliance for both internal accounting and financial service outsourcing organisations. Protect your Xero data It is possible to perform approvals directly in Xero, but that …

Managing source documents: a guide for accountants and small businesses

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The management of source documents is critical for small business compliance, and also important in helping accountants to provide informative business insights. Source documents can take a lot of administrative effort to collect and manage. This article by Xero helps to break down some frequently asked questions that you may have as an accountant – learn how you can improve your client …

Ways save time for your business in 2020

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Time is truly money for a business owner. Whether it is fulfilling a last-minute order, drawing up a proposal or travelling between business meetings, you need all the help you can get to save time to focus on your business goals. In this article by Kevin Fitzgerald, Managing Director – Asia at Xero shares eight ways you can reduce the hidden time …