Saturday 9th September 2023 | No. 63
XU Biweekly
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The independent user news source for accounting apps and their ecosystems
INTRODUCING FYI ELITE The Evolution of Practice Management
O
UR VISION IS TO EMPOWER PRACTICES WITH A SEAMLESS PLATFORM WHERE DOCUMENT AND PRACTICE MANAGEMENT UNITE, DRIVEN BY FYI’S ADVANCED PROCESS AUTOMATION AND WORKFLOW CAPABILITIES— AN EVOLUTION IN PRACTICE MANAGEMENT. In the fast-paced world of professional services, the demands of practice management have grown exponentially. It’s no longer enough to merely manage; innovation and adaptability have become the new benchmarks. At FYI, we’ve been listening closely to your needs, and we’re thrilled to introduce a transformative solution that’s set to revolutionise the way you manage
your practice: FYI Elite. This new tier in FYI has been designed to offer an integrated solution for document and practice management, driven by FYI’s process automation and workflow capabilities. Offering time & billing, reports, client maintenance, employee management, and more, Elite empowers your practice for greater efficiency and success.
Navigate chargeable hours with precision Elite’s time and billing feature is your practice’s ultimate tool for precision and efficiency. It simplifies the way you handle chargeable hours, offering a host of benefits to make your practice run seamlessly:
• Flexible billing across multiple entities • Advanced WIP management • Customisable invoice approvals But that’s not all! Elite also lets you create and manage multiple time rates effortlessly, tailor non-chargeable time categories, handle disbursements, and generate invoices that perfectly match your practice’s requirements.
Tailored insights at your fingertips In the world of practice management, flexibility is paramount, and that’s precisely what Elite practice...
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OUR BIGGEST ISSUE EVER
Introducing our latest AI-powered W solution: Aider’s Advisory Assistant
A
s accountants and advisors, your time is valuable, and staying ahead of the curve is essential for providing top-notch services to your clients. That's why we're excited to announce the launch of Aider's new Advisory Assistant feature, developed with cutting-edge AI technology and a robust focus on data security, designed specifically to reduce your admin
time and allow you to add more value to your clients. Key benefits of Aider’s Advisory Assistant feature include: Enhanced efficiency to free up your time so you can focus on providing strategic advice and building stronger relationships with your clients. Using Generative AI, Aider's Advisory Assistant is a cutting-edge tool that helps you with a range
of tasks, including client meeting prep, writing sales scripts for selling advisory services, and conducting high-level analysis of data trends. Improved Accuracy: With its preconfigured advisory context, the Assistant ensures that the answers and insights you receive are highly accurate and tailored to your specific needs...
E'RE PLEASED TO ANNOUNCE ISSUE 36 OF XU MAGAZINE IS NOW LIVE, AND IT'S OUR BIGGEST ISSUE YET WITH ALMOST 200 PAGES OF UPDATES, TUTORIALS, CASE STUDIES, EVENTS, INTERVIEWS, NEW APPS AND EXCITING RELEASES.
If you were lucky enough to attend Xerocon Sydney 2023, then you might've gotten a sneaky peak already. To celebrate one of the biggest accounting
events of the year, we decided to release the issue early for all attendees. Our cover stars, Advancetrack Outsourcing, have also reached the massive milestone of 20 years helping clients, so it's celebrations all round! You can learn more about their achievements and brilliant India-based team on page 10 of the magazine (it's free to read in the XU Hub!). Plus, we had the privilege of catching up with Xero's CEO, Sukhinder Singh Cassidy, to discuss how her new
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Saturday 9th September 2023
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role is going so far, what brought her to join Xero, and her vision for the future. As well as our indepth tutorials and case studies, you'll find plenty of exciting news on the best accounting events coming up over the next year, from Accountex to the Accounting & Finance Show. Now we might be biased... but it could be the best issue yet! You'll have to read it for yourself and let us know...
Read issue 36 for free on the XU Hub