XU Magazine - Issue 14

Page 14

It’s Alive!

The Modern Practice is back

@SuiteFiles

Kim Anderson, Marketing Executive, SuiteFiles Kim is a passionate Jane-of-alltrades marketer who fell into software a bit by accident after trying her hand at design and teaching high school English. She’s one of SuiteFiles’ first employees and loves learning about how businesses tick. Her goal is to make file management less boring.

Seven years after Xero first talked about the Modern Practice, the concept is now a reality for many businesses. What does it mean to be a Modern Practice and why is 2018 the best time to level up? T

he beginning of the Modern Practice

Way back in 2010, Xero started talking about an idea called the ‘Modern Practice.’ They even had a landing page for it, which is how you know a technology company is serious about something. Shocked by the out dated ways that accountants were still running their practices, they proposed the ‘Modern Practice’ as an easy way to level up your business’ technology and processes without the need for software expertise or lots of time. In practice, the concept revolves around the use of an eco-system of apps to modernise and improve

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your practice. Xero chose a handful of early add-on partners (including SuiteFiles!) and launched the Modern Practice. Making the Modern Practice a reality Ahead of its time (a habit with Xero), the Modern Practice concept petered out after a couple of years. Not quite dead in the water, but for many businesses who were new to cloud anything, it was too big a leap. Fast forward to 2018 and it’s a completely different ball game. Xero now has over 600 add-on partners who have grown with the company.

Cloud apps are more sophisticated and offer better integrations, making them competitive alternatives to legacy desktop software. Being a ‘Modern Practice’ was possible seven years ago, and early adopters benefitted from it, but now it’s track record is proven – practices that innovate see greater growth and efficiency gains. Introducing Xero HQ Xero have revived the Modern Practice concept with the introduction of Xero HQ – a live dashboard for your business. Xero HQ brings together your business data not only from Xero, but also from other integrated

XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com


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Articles inside

National Australia Bank (NAB) to allow

2min
pages 114-116

Virtual advice is the future for accountants

4min
pages 100-101

INTERVIEW Q & A with Andrew Sims, SuiteFiles

12min
pages 94-97

Good succession planning for family

7min
pages 88-91

Value added cloud: Who needs a cloud integrator?

5min
pages 92-93

NEW XERO CONNECTED

4min
pages 98-99

How to use information that you have in Xero to

9min
pages 84-87

Meet serviceshare: A support network for

4min
pages 82-83

EVENT Q & A Accountex: worth the time?

9min
pages 78-81

Q & A - From paper to cloud

2min
pages 64-65

WorkflowMax: Knowledge is beautiful

6min
pages 60-61

TUTORIAL How to go clutter free: insight into

8min
pages 74-77

The importance of building app stacks

6min
pages 70-73

BSI CERTIFICATION

5min
pages 62-63

The importance of having headspace to grow your

3min
pages 58-59

Q & A

4min
pages 56-57

EVENT What’s new at the Accounting Business Expo

5min
pages 54-55

Meet Makoto, creator of CaFE, a cash flow solution

5min
pages 42-43

CASE STUDY What makes a successful cloud

5min
pages 36-37

Looking ahead, preparing for tomorrow

5min
pages 38-41

Inventory management in the cloud - How

4min
pages 52-53

Discover Loc8 Lite: The app that offers a new

6min
pages 48-51

CASE STUDY

5min
pages 32-33

Bookkeeping: your new revenue driver

5min
pages 28-29

It’s Alive! The Modern Practice is back

5min
pages 14-15

EVENT Accountex visitor registrations flood in

4min
pages 20-21

Extremely cloud and incredibly close: the

5min
pages 26-27

Two ways to profit using Entryless

3min
pages 12-13

Single Touch Payroll is coming

2min
pages 22-23

INTERVIEW Q & A with David Tuck, Chaser

13min
pages 16-19

How to make and save money documenting a

3min
pages 24-25

COVER STORY AdvanceTrack: Strength in Numbers

5min
pages 8-11
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