“I couldn’t recommend their digital approach enough, I have never felt more in control of my business,” says Rachel Wilson, Director, KW Digital.

At Kirkwood Wilson, we have a wide variety of clients that all have their own individual needs. However, one thing they all have in common is the fact that introducing digital accounting has taken their finances to the next level.

This Kirkwood Wilson case study highlights the importance of digital accounting and Xero in particular for a small but quickly growing business. Rachel Wilson is the Director of KW Digital, a digital marketing agency that is expanding rapidly.

Support for a growing business

As we all know, trying to keep track of your finances is difficult enough when running your own established business but when your business is developing, it is an additional stress factor to consider. “KW Digital is a growing business which means as a busy Director I am often spinning many plates – developing processes and procedures, pitching for new business and overseeing service delivery, to name but a few,” says Rachel.

Rachel came to us to gain more control over KW Digital’s accounts. Our team of digital specialists worked closely with her to find the most effective outcome that suited her needs best.

Xero for small businesses

It became clear that, with the pressures of being a Director and a demanding workload, Rachel wasn’t making the most out of her accounts. “I was neglecting the company’s accounts and finances. I simply did not have the time to reconcile the bank, keep up to date with management accounts, claim my expenses…I could go on,” says Rachel.

Xero is perfect for a small business that needs full control over their income and expenses. Having everything in one easily accessible place was the clincher for KW Digital.

“All of this changed when Kirkwood Wilson Accountants set me up on Xero and Receipt Bank. Now, everything is streamlined. I invoice all of our clients within 10 minutes and a few clicks. The bank feed automatically updates Xero, so our debtors and creditors are always up to date. It also takes seconds for me to run a profit and loss,” adds Rachel.

How Receipt Bank works with Xero

An essential add-on app for KW Digital was Receipt Bank. Once we had explained how Receipt Bank works with Xero, Rachel implemented it immediately. Receipt Bank works in line with Xero so you can easily keep track of all business receipts at a click of a button.

Rachel was more than happy with this app. “Best of all, I take photos of my receipts using the Receipt Bank app – wahoo, no more expense records to keep up to date!”

If you would like Kirkwood Wilson to review your current accounts and help you to move to cloud-based accounting, contact us today on 01704 546 000 or email [email protected].