Freshly back from Xerocon’s two-day financial information extravaganza, it’s safe to say our team are excited about everything we saw and learned.
Two full on days packed with lectures, workshops and expert advice, it was an event not to be missed if you’re in the finance sector – which of course, we are!
As there was so much helpful information shared, we have compiled a list of our top 5 takeaways that are going to take your business to the next level this year and beyond.
Here they are:
What Is Xerocon?
Before we dive into our list, we thought we better pull back the curtain and give you some insight into what Xerocon is. Xerocon is an unmissable global conference for accountants, bookkeepers and financial advisors. Held annually, it is hosted in a different city around the world creating connection, divulging the latest technology, and sharing inspiration in an amazing destination.
This year it was held in Sydney (we know, handy for us, right?) and was attended by thousands of finance professionals.
The big buzz from the conference was the rising popularity of AI and automation. There was lots of talk about Chat GPT and how it was factoring into daily business operations.
Making Beautiful Business
Another of Xerocon’s major focuses was the Xero Beautiful Business Fund. You may know that Xero’s mission is to make “Beautiful Business”, so it is no surprise that they regularly embrace advancements in technology, sharing great ways to add efficiencies to businesses of all sizes.
They also back beautiful business. The Xero Beautiful Business Fund is an initiative by Xero, where they offer NZ$750,000 in funding to their small business customers in Australia, Canada, NZ, Singapore, South Africa, the UK, and the USA. Any business using Xero can apply for funding under one of the four categories, innovating for sustainability, strengthening community connection, trailblazing with technology, or upskilling for the future.
Not only do Xero support beautiful business, they also support trailblazing global events. As a proud partner of the FIFA Women’s World Cup, they helped women’s sport achieve major milestones on the global stage. Made for some great watching too!
Right, now that you know what Xero and its premiere event Xerocon is all about, let’s look at the exciting things we discovered…
The Top 5 Takeaways From Xerocon 2023
1: Dext
We love a good productivity hack and Dext is right up there with the best of them. Formally known as Receiptbank, Dext simplifies time consuming data entry tasks by providing automated accounting solutions. It does that by allowing you to easily capture the information on your receipts with the simple click of a button. That info is then loaded into Xero or MYOB for you to pay, utilise and report on.
If you hate data entry, then Dext is the technology for you! With market leading accuracy and bank-level encryption, Dext improves your business’ efficiency with automated data entry. This great resource saves you time on admin, removes the risk of data entry errors and gives you instant insight into your business financials. Sign us up!
2: Planday
New from Xero, Planday is a rostering, time tracking, workforce management and communication software. Sounds impressive right?
In plain terms, Planday will streamline your time-tracking, rostering and payroll all in one place. Cloud-based and accessible at any time, you’ll have everything workforce related at your fingertips.
Wanting to create meaningful work and improve employment experiences for both businesses and their employees, Planday offers organisation in the most important areas. If your business has high roster variability or complex payroll needs, then this is the software for you. It is suitable for businesses in all kinds of industries like retail, hospitality, and healthcare.
3: Weel
Expenses are always awkward and clunky to handle. But now, Weel helps you to streamline your spend management all in one place. Weel is designed to bring finance efficiency to your business. With things like smart corporate cards, reimbursements and easy-to-use software, Weel helps you to control your business spending while freeing up your finance team.
How does it do that?
Well, Weel handles every kind of expense you could have in a really simple way. Company payment cards, subscriptions, bills and reimbursements can all be controlled in one platform. You can set rules and spending limits based on your financial policies, cutting the need for endless paperwork setting up cards and awkward conversations about spending.
4: Tyro
Tyro might just be the EFTPOS alternative you’ve been looking for. An Australian based company, Tyro offers fast EFTPOS solutions and a fee-free bank account to help you achieve your business goals easier than ever before.
Tyro offers the payment solutions your business needs. Whether online, in-store or on the go, you can collect payments when you need. Tyro offers POS or PMS integrations with over 330 systems, Tap to Pay on iPhone, gives you ways to save on fees and has industry-tailored EFTPOS features designed with your business in mind. Accepting payment has never been so simple!
And, with Tyro business loans, you can get fast, flexible business funding at your fingertips with customised repayments to suit your business.
5: Canyou
Canyou is the process App to fill in the gaps. The ultimate solution for managing your business information, it makes employee onboarding and business processes a breeze.
Manage the flow of information in your business by automating the collection and syncing of forms and data, digitising your paper processes, monitoring and maintaining your compliance docs, licenses and certificates, and minimising the risks associated with business compliance.
Canyou stops you from manually having the chase information. With Canyou, there is no more disconnection between the various apps in your business. It accurately and efficiently moves info between apps, sealing gaps and leaks in your app ecosystem.
Want These Efficiencies In Your Business?
Businesses are super resource hungry, so any efficiencies you can add will save you time, energy and maybe even some dollars. And we can help you do that here at Cadenze.
With intelligent, innovative accounting and financial advice, we can help get your business humming with the best financial technology available. Chat with our team today about how any one of these five solutions could work in your business and where we might be able to create other efficiencies too. Book a time to chat with the team now.