Introducing Xero Projects - manage job time, costs and profitability
- Lisa Johnston
- Oct 19, 2017
- 1 min read
Xero have just released Projects and we are busy testing it to ensure we 100% understand how it works. Projects is a simple time and cost tracking tool that focuses on the financial side of project management... Ultimately, projects help drive business efficiency and profitability. We don’t see it as a full-blown job management program but will be ideal for smaller businesses. Drive profitability Projects is the simple way to track the time and money you spend on each job so you can manage it more effectively. Projects is perfect for small businesses in service industries and allows you to focus on your work and see where you can be more profitable.
Get your billing right every time Track your time, enter expenses and record any deposits against each project so you can accurately bill on time. Cost projects and track budgets with ease.
Invoice the way you want Create invoices for fixed price, time and materials, or progress payments. Details can be uploaded automatically, saving you time and avoiding errors.
Gain the insights you need to succeed Monitor project performance with real-time tracking and key insights. Simple reporting gives you the information you need to keep on budget.
Enjoy the simplicity and savings Projects is available at no extra charge through us until the end of 2017. After that, the feature will cost $7 + GST per user per month during an introductory period, and $10 + GST per user per month thereafter. If you would like to trial Xero Projects for free until the end of 2017, contact us.
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The integration of Xero Projects into small business workflows is a smart move, especially for companies wanting to monitor job profitability more closely. Time and cost tracking features are essential when margins are tight, and having everything synced with your accounting software adds a huge convenience factor. For growing businesses, understanding the true project management software cost becomes easier when tools are bundled within existing ecosystems like Xero. This reduces overhead while improving project visibility. It’s a well-rounded solution for SMBs aiming to stay lean yet efficient.