FUTRLI Partners with Xero and Launches at Accountex
Posted on 15th May 2014 in The Forecast
Written by Amy Harris
FUTRLI, the newest Xero Add-on for accountants and business owners, has chosen Accountex for its official launch (Xero Village, Stand A330). The cloud-based software transforms Xero into fast, effortless Financial Intelligence. FUTRLI is designed to make accountants’ and clients’ lives easier. It eliminates admin and brings Xero’s financial information to life, visually. The invention of […] - 2minute read
FUTRLI, the newest Xero Add-on for accountants and business owners, has chosen Accountex for its official launch (Xero Village, Stand A330). The cloud-based software transforms Xero into fast, effortless Financial Intelligence.
FUTRLI is designed to make accountants’ and clients’ lives easier. It eliminates admin and brings Xero’s financial information to life, visually. The invention of ‘Boards’ allows accountants to interpret and automatically monitor their Xero clients’ data as well as collaborate with them in a totally unique way. Traditionally, accounts analysis requires the extraction of information from Xero and then the use of spreadsheets to create custom formulas and calculations. This manual process is time-consuming, repetitious and prone to formula loss. It’s also difficult to work in real-time or collaboratively.
FUTRLI produces instant management accounts. An Accountant can create as many Boards as they need to monitor, analyse and assess, one, or many organisations. A Board is made up of ‘Cards’, which are fully customisable, beautiful reports pulled from synced Xero data. These monitor KPIs or display a visual snapshot of the business.
For example, for the Accountant’s personal use, they can create a Board that monitors all Xero clients’ in one place. This makes analysed account management easy: logins to separate instances of Xero is not required. Equally, they can create Board(s) that monitor core KPIs for clients, which can be shared with them, their team or stakeholders. FUTRLI includes powerful user permission rights and these empower businesses and accountants to expose or protect as much, or as little, of the financial information synced from Xero with FUTRLI as they want. You perhaps wouldn’t give a Sales Manager access to Xero but, with FUTRLI, if you want them to view revenue only, a Board can be created with metrics and alerts against just that Account Category.
Like Xero, FUTRLI allows accountants to leverage the tools and time-saving capabilities of software in order to maximise the time spent interpreting the data and working with their client ie/ create a Card once and copy it to multiple Boards. Re-size, re-order, drag and drop, FUTRLI works effortlessly on any device.
Amy Harris, Co-Founder of FUTRLI said: “FUTRLI is effortless Financial Intelligence. For management accounting, our mission is to do what Xero and other cloud-based players have done for financial accounting. When we researched the accountant/client relationship it was clear they wanted the same thing – effortless collaboration, analysis and alerts.”
Hannah McIntyre, Co-Founder of FUTRLI said: “We’ve been using Xero for three years and we loved its simplicity but we agreed with our research. Features such as Bank Feeds for example give you a real-time view of your business but reflective or future predicting management accounting was still a challenge as the only option is time-lagged spreadsheets. If you want an auto-pilot for your business, this is it.”
FUTRLI will appear with 13 other Xero Add-on partners at Xero Village on stand A330. Pricing is per Xero organisation synced with FUTRLI, per month and unlimited users are included as standard.