Clear House Accountants

Clear House Accountants were hired by XAnalytics, a specialized software sales company, to enhance their financial management systems. The team from Clear House Accountants, comprised of 2-5 employees, was selected due to their high ratings and company values that aligned with XAnalytics. Their project involved the implementation of Xero accounting software, optimization of cash flow and budgeting management, strengthening internal financial controls, and providing continuous financial consulting. The team from Clear House Accountants began by assessing the existing accounting systems of XAnalytics, then provided a comprehensive report on the requirements necessary for integrating Xero. They customized and configured the software to suit XAnalytics' specific business needs, managed the migration of financial data into Xero, and trained the staff on how to use the new system effectively. They also revamped the cash flow processes, established a tailored budgeting framework, integrated budget monitoring tools within Xero, conducted quarterly budget reviews, and evaluated and improved internal controls. Bi-annual audits were conducted to ensure compliance with the established controls. Throughout the project, Clear House Accountants provided expert financial advisory services, demonstrating their commitment to the financial success of XAnalytics.