Guide to Giving
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Social Innovation, Technology

Xero Offers Helping Hand to lift NFPs to the Cloud


Thursday, 27th September 2012 at 10:12 am
Staff Reporter
Leading online accounting solution company Xero, offers discounted services to Not for Profits to help manage reporting, cash and financials through cloud accounting.

Thursday, 27th September 2012
at 10:12 am
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Xero Offers Helping Hand to lift NFPs to the Cloud
Thursday, 27th September 2012 at 10:12 am

SPONSORED ARTICLE: Online accounting software company Xero, a provider of online accounting software, has pledged its commitment to help organisations that help others.

Xero is offering a 25% discount on its Business Edition accounting software through xero.com to better serve Not for Profits and help them stay fiscally organised.

Xero, which serves customers in over 100 countries across the globe, worked with a panel of NFPs and their accounting counterparts in New Zealand, Australia and the United States to learn more about the business issues that impact them the most and how cloud accounting and Xero can help.

Xero found the number one problem NFPs and their financial advisors face is the management (or mismanagement) of cash flow, often as a result of lack of financial capability.

"Not for Profit organisations face a unique set of challenges and with the introduction of the Australian Charities and Not-for-profits Commission (ACNC) as a regulator to drive standards and improve efficiencies in this sector, the industry environment in Australia is on the verge of growth and change,” said Chris Ridd, managing director of Xero Australia.

“Xero is working with our NFP customers and their accountants to help manage reporting, cash and financials so they can focus on their cause, not their books."

Will Macgregor, director of Bushmob, an outreach program in Alice Springs that works with young people to get their lives back on track, said Not for Profits face unique organisational challenges as they must balance their size and funding constraints and serve a Board of Management.

“If you are small and poorly funded, it’s challenging to find a finance manager who understands your financial limitations and can deliver quality reports and budget advice in an easy and timely manner. The advantage of using Xero is the ease of access and quality of reports. We can access our finances anytime, anywhere, even in Alice Springs.”

Morri Young, managing director of Matrix on Board, a for-profit consultancy that specialises in financial management and support to Not for Profit organisations said: “Our NFP clientele don’t always understand the impact of poor financial management. The cloud-based nature of Xero means that they can collaborate to rectify errors without giving up control or responsibility. It’s been great to watch them gain control over their finances and see these organisations prosper.”

To learn more about how Xero can directly help your NFP read our blog post:
http://blog.xero.com/2012/08/the-not-for-profit-high-wire-actand see xero.com/nfp for more information.

Xero.com has over 100,000 paying customers and 240,000 users in more than 100 countries around the world. Xero’s Australia team is headquartered in Melbourne.
http://www.xero.com/
 



Guide to Giving

FEATURED SUPPLIERS


NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

...


Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

Yes we’re lawyers, but we do a lot more....

Moores

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

NFPs Need Social Media More Than They Know

Alecia Hancock

Thursday, 21st September 2017 at 8:33 am

Social Media ‘Inspires’ Fundraising Globally – New Research

Lina Caneva

Wednesday, 20th September 2017 at 4:03 pm

Technology as a Force For Good

Wendy Williams

Wednesday, 13th September 2017 at 3:40 pm

Finalists Named in Inaugural Indigenous Digital Excellence Awards  

Lina Caneva

Wednesday, 30th August 2017 at 1:26 pm

POPULAR

Moves to Stop Volunteering at Overseas Orphanages

Luke Michael

Wednesday, 13th September 2017 at 1:54 pm

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

Majority of NFPs Are Not Believed to be Well-Run, According to New Survey

Luke Michael

Tuesday, 12th September 2017 at 4:14 pm

More Australians Are Giving Time Not Money

Wendy Williams

Monday, 11th September 2017 at 5:07 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Guide to Giving
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!