H&R Block Selects Xero as Cloud Accounting Solution Provider for Assisted Bookkeeping

Xero, the international small business platform, has announced that H&R Block chose Xero as its preferred Cloud accounting solution provider for assisted bookkeeping.

A Xero partner since 2014, with a base of millions of small business clients, H&R Block will “use the Xero platform as its preferred technology stack for bookkeeping services offered through Block Advisors.”

The announcement also mentioned that Xero will be used by H&R Block’s central bookkeeping team and company offices nationwide “providing assisted bookkeeping services.” Many H&R Block franchisees also use the Xero platform to “provide small business clients with access to financial insights and data that can help guide decision making and help them feel empowered to build and run their businesses,” the update noted.

Jamil Khan, Chief Strategy and Small Business Development Officer, stated:

“We’re extremely excited about the opportunities this partnership brings. We’re confident that the cutting-edge features that Xero provides will be a huge benefit to how our bookkeeping teams collaborate with our customers as well as help us drive growth. And we’re excited to partner with Xero to deliver our mission of helping small businesses thrive.”

By collaborating with Xero, H&R Block is focused on building a bookkeeping model that “brings its advisors and small business clients closer together with real-time collaboration tools.”

Xero’s Cloud-powered accounting tech “enables Block Advisors to outsource bookkeeping for clients and expand beyond tax preparation to help deliver greater advisory services year-round focused on financial reporting and business health metrics that can help provide more robust support for small business clients.”

With Xero, customers are able to easily access financial statements and custom reports to assist with identifying key business trends, and Block Advisors are able to “collaborate with clients to offer personalized services to help drive growth, boost cash flow or increase profitability.”

Ben Richmond, US Country Manager at Xero, added:

“By working closely with H&R Block, we can help improve the lives of small business owners by providing them access to real-time data and financial insights so they can apply this information to their business. We are excited to extend this partnership and equip Block Advisors with tools to drive meaningful conversations with clients about how to grow their business, expand operations or find ways to achieve whatever success looks like to them.”


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