Xero is a cloud-based small business accounting software with tools for managing invoicing, bank reconciliation, inventory, purchasing and more. It's accessible from any computer or mobile device, making for a more intelligent and easier accounting process, with features including cash flow tracking, payment processing, bank reconciliation, expense tracking, inventory management, financial reporting, and more.The Xero dashboard provides small business owners with a greater understanding of their cash flow by highlighting bank balances, outstanding invoices, upcoming bills and expense claims in a visually appealing way. Daily bank and credit card transactions are automatically imported into Xero and matched to their corresponding accounting transaction. Xero integrates with various third-party apps commonly used by small businesses, to streamline workflows and synchronise data. This data flows directly into the Xero ledger, removing the time and effort required for manual data entry. Every Xero plan comes with unlimited users, so there's no need to pay for extra licenses.