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Why you should consider Xero Data Backup for your accountancy firm

posted in Ransomware ● 3 Feb 2021

Ignoring the need for a third-party backup is a major gamble. Xero’s own Services Agreement states: “You must maintain copies of all data inputted into the service. Xero expressly excludes liability for any loss of data no matter how caused.”
Having a copy of your data outside of Xero is imperative to keeping your data safe and providing you with peace of mind that your data is protected. Xero itself will do an excellent job keeping your data safe, but it can’t help if the problem originated from within your organisation.
Without a separate backup strategy, you risk losing Xero data if:
  • A new employee has deleted data in error or imported transactions wrongly
  • A disgruntled employee has wreaked havoc, sabotaging files and deleting contacts
  • An app you were trialing has pushed unwanted data into your accounting records or drastically altered contact details, records about deals or company data.
In this blog we’ll outline the benefits of Xero data backup with Redstor, for your accountancy business.

Benefits of Xero Data Backup

Rapid deployment

With Xero Data Backup from Redstor, you can protect your data in simply a few clicks. Scale your protection easily with no impact on local bandwidth and no capital expenditure.

Easy compliance

We provide a simple, monitorable and auditable process, enabling you to speed up Subject Access Requests.

Automated protection

Backups run on an automated schedule. So, unlike manual Xero backups via CSV, there’s no risk of outdated or negative CSV file imports that can often lead to irreversible data loss or require hours dedicated to cleaning up an unorganised account.

Strong security

Data is encrypted at the source and remains encrypted at all times. There’s no circumventing Xero security and you can set role-based permissions.

Centralised management

Simplify and automate your data management and assign consistent protection policies across your entire data estate with one central, easy-to-use
system.

Avoid dependancy

Recovering data quickly is difficult, if not impossible, when all of your data is with one provider, who may subsequently suffer an issue of their own. You can avoid that risk by backing up Xero to the Redstor Cloud.

Retain control

Organisations must have procedures in place to protect business critical data. There are financial penalties for falling foul of the Data Protection Act, the UK’s implementation of the General Data Protection Regulation (GDPR).

Peace of mind

Backing up Xero with Redstor is a small investment, but the reassurance that your financial data is both protected and controlled is huge. If for any reason you want to cancel a subscription, you can download an offline backup of your full audit trail, including attachments to your source documents and reference data.
In the event you want to close off a client, you can get all their data out of Xero, including attachments. You can also be sure of emergency access to important reports if Xero is offline.

Keep your data information protected with Xero Data Backup with Redstor

If Xero Data Backup sounds like something you would be interested in or would like to find out more about, get in touch with our team and we’ll be happy to answer any questions.

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