Benefits of Moving to the Cloud

The following items are all parts of the bookkeeping process that we can assist in streamlining.

1. Happy Employees

Online timesheets. Any timesheets can be entered directly into Xero

  • All payroll information is in one central location
  • Employees can access their past timesheets for reference
  • Employees take responsibility for entering their own time
  • Approvals are managed by you, ensuring control over your payroll
  • No more manual spreadsheet timesheets and automating it all by using Xero Timesheets.

Online leave applications. All leave applications can be entered online through Xero;

  • All payroll information is on central location
  • No more paper forms
  • Employees can access and see their leave entitlements

2. Happy Suppliers

Online payables management. iKeep use Xero to communicate with business owners to assist in managing the payment of bills.

  • At any time, you will be able to login and see the bills awaiting payment.
  • You will be able to indicate which bills you wish to pay and when.

3. Get paid quicker

Online payables management. iKeep use Xero to communicate with business owners to assist in managing the payment of bills.

  • At any time, you will be able to login and see the bills awaiting payment.
  • You will be able to indicate which bills you wish to pay and when.

4. Go paperless

Online document management. iKeep use Receipt Bank for when it comes to collecting receipts and bills for our customers businesses. The reasons why;

  • Less receipts in your wallet
  • Less bills and paperwork in your office
  • More details at Cornerstone’s disposal
  • ATO compliant storage solution
  • Direct linkage with Xero
  • One place for all sourced documents

Overall, this will be one source of truth. All of the information will be fed directly into Xero and will remain there forever. It also removes email correspondence and put you back in the driving seat for managing your account.

Topics: Cloud Accounting, Bookkeeping