When Melbourne-based retailer TNF Cricket first started using Xero with Vend in its business, they were amazed at how they were able to better understand their financial performance, and be more prepared come end of financial year.
“Vend and Xero have been a wonderful marker for us to understand how we’re actually tracking against what we budgeted for,” says co-founder and managing director Michael Sheedy.
“The wonderful part about Xero is that it talks to a lot of aspects of Vend, and makes that integration seamless. It’s a lot easier for us to be able to talk to our accountants when analysing data, and making sure that everything is up to date come the end of financial year.”
Vend was founded six years ago with a mission to transform retail. Just like Xero, it was started out of New Zealand, built entirely in the cloud from day one. Vend has been working with Xero from day one, and has built an integration that helps thousands of retailers around the world, making it easier for their accountants to do business and better serve their clients.
Using Vend and Xero together enables accountants and bookkeepers to act more as strategic advisors to their retail clients and really help them to grow. Gone are the days of spending huge amounts of time on manual tasks and admin.
“Ultimately, Vend is something that caters for your business all year round. I think that Xero and they way they’re working with Vend is most certainly helping our business, and we’re really excited about what the future holds for us,” says Michael.
With Vend’s industry-leading integration with Xero, accountants can see all sales and financial data in real-time, with all cost-of-goods-sold posting directly to Xero. So, they can work with their clients to analyse and understand important business information and help to minimise their cash risk. Michael McCook, Managing Director of Xero Gold Partner Accountability Net, is a big believer in the benefits of these cloud technologies in helping retailers succeed.
“These days it’s about being smart in business. It’s about attention to detail and pushing the boundaries of technology to make your business far better than what it currently is,” he says.
“If you want to offer your clients the best retail solution possible, then you need to use Vend and associate it with Xero. The major advantage of Vend is that I can work on my business with anyone, anytime, anywhere. Our retail clients use Vend to run successful omnichannel businesses. All their sales including those from their e-commerce stores are caught in one system, running off one product catalogue, using one set of reports. We have huge confidence in Vend, and it’s great to see the likes of Apple, Xero, PayPal and many other working with Vend too.”
“We’ve been to almost every Xerocon for the past six years – from the US and UK to Australia. Our history and strong relationship with Xero is what keeps us coming back year after year,” says Nick Houldsworth, CMO at Vend. “We’re excited to be heading to Xerocon South. It’s the opportunity to reconnect with some of our great partners, and the chance to meet accountants and bookkeepers and educate them on how our product helps small businesses and retailers grow.”
We love how Vend and Xero together helps accountants to be the best advisors to their clients, and helps retailers run the world’s best retail.
Stop by Vend’s booth (#11) at Xerocon South next week for a chat, or to share your own retail stories. We’d love to see you!
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