Tagged: xero

Xero, the Small Business Platform, Partners with Canada’s Open Banking Fintech Flinks

Xero, the global small business platform, today announced it is partnering with Flinks, a key player focused on open banking, to give small businesses in Canada and the United States secure access to more than 20 direct bank connections and high quality transaction data. The… Read More

Singapore’s Accounting and Bookkeeping Sector Undergoing Considerable Business and Digital Transformation, Report Claims

Xero, the global small business platform, has released a new report revealing Singapore’s accounting and bookkeeping sector is undergoing significant transformation, “driven by technology innovation and shifting client expectations.” Xero’s State of the industry report “surveyed 300 accountants and bookkeepers working in Singaporean practices to… Read More

UK SME Payments Fintech Crezco Secures $12M, Reveals its Tech Is Enabling New Xero Feature

Crezco, a UK fintech company using open banking to make B2B invoice and bill payments as convenient as B2C card payments, has achieved several major business milestones through securing funding and integrating its technology into global small business platform Xero. Crezco has secured $12m in… Read More

Xero Introduces Tax Manager, Providing Single Place for VAT, Personal Tax, Company Accounts Tax

Xero, the global small business platform, has launched several updates to its practice tools at UK Roadshow, including “a new tax manager feature in Xero HQ, an important feature in its plan to more seamlessly connect Xero Practice Manager (XPM), Xero HQ and Xero Tax.”… Read More

UK SMB Owners Unable to Pay Themselves Because of Cash Flow Problems, Report Claims

Ongoing economic challenges have caused two in five (41%) small business owners to sacrifice their salaries, and one in three (34%) to use their personal funds, “to keep their businesses running,” according to new research from global small business platform Xero. The Money Matters report… Read More

Singapore Small Business Owners Dip into Personal Savings, Raise Prices to Mitigate Increasing Costs – Report

Singapore small business owners are dipping into their personal savings, increasing their prices, and not paying themselves to mitigate rising costs and make a profit, according to a new report from global small business platform Xero. The report titled “Money matters: navigating the impact of… Read More

UK’s Smallest Firms Could Generate £77.3B of Extra Revenue if They All Digitalized, Report Claims

The UK’s smallest companies could generate £77.3bn of extra revenue and create 885,000 new jobs if they “all digitalized at the rate of the top 20% of tech adopters.” This is according to new research from Xero, the global small business platform, and economics consultant,… Read More

Canada: Cloud Adoption Leading to Accounting and Bookkeeping Sector Growth, Report Claims

Xero, the global small business platform, announced the release of its State of the Industry Report for Canada, which found that the country’s accounting and bookkeeping firms have experienced widespread revenue and profit growth, “linked to the adoption of new operating models and cloud solutions.”… Read More

Majority of Small Businesses in Canada Cited Inflation as Impacting Cash Flow Management in Past 6 Months – Survey

A survey from Xero, the global small business platform, has revealed that over half (53%) of small businesses in Canada “cited inflation as impacting their cash flow management in the last six months.” Some businesses have been so heavily impacted “that nearly one-third (31%) of… Read More

Small Businesses Are Experiencing Extreme Impact of Inflation on their Cash Flow in Past 6 Months, Report Claims

A report from Xero, the global small business platform, has revealed “that 48% of U.S. small business owners have experienced an extreme or high impact from inflation on their cash flow over the past six months, and 44% expect inflation to continue to have a… Read More

Xero Introduces AI-enhanced Product Features, Improved Product Experiences Designed to Help SMBs

Xero recently announced new AI-powered product features and enhanced product experiences designed “to help small businesses and their advisors work smarter and more efficiently.” As noted in the update from Xero, the new innovations include: Enhanced AI-powered predictions in bank reconciliation and Xero Analytics Plus… Read More

GoCardless, Xero to Help SMBs Navigate Challenging Economic Environment

GoCardless, the bank payments company, has announced it is renewing its strategic partnership with Xero, the global small business platform, for another five years. The agreement builds on a long-term relationship which “started in 2016, focused on helping small businesses get paid faster.” For GoCardless… Read More

Majority of Small Businesses Concerned AI Development, Adoption Is Outpacing Regulation

Research from Xero, the global small business platform, has revealed that 80% of small business owners are concerned AI development and adoption is “outpacing regulation, as generative AI tools permeate various industries and the workforce.” Xero’s Future Focus AI research “surveyed over 3,000 small business… Read More

Improvement in Jobs Growth Across UK Small Businesses Offset by Increasing Late Payments, Slowdown in Wages Growth: Report

An improvement in jobs and sales growth across UK small businesses in June “has been largely offset by increasing late payments and a slowdown in wages growth,” according to the latest data from global small business platform Xero. Xero’s Small Business Index, based “on anonymized… Read More

Squarespace, an E-Commerce Platform, Adds Amaka’s Xero and MYOB Accounting Integrations

Squarespace, an e-commerce and website builder globally, has added Amaka’s Xero and MYOB accounting integrations to its Extensions marketplace. Amaka will reportedly “be a hand-picked third-party application that allows Squarespace users to manage and optimize their sites.” Gian Ottavio, Global Partnerships Lead at Amaka, said:… Read More

Fintech Clik2pay, Xero Integration to Save SMBs Up to 50% on Credit Card Fees

Payment service provider Clik2pay is announcing a new integration with global small business platform, Xero, “offering the ability for Canadian small businesses to pay their Xero invoices securely from almost any Canadian bank account using Interac e-Transfer™, one of the most trusted money transfer systems… Read More

Capchase Integration with Xero to Offer SMBs Quick Access to Capital

Capchase, a provider of non-dilutive financing to SaaS companies, has announced a new integration with Xero, the global small business platform. Through this integration, UK small business customers will be able “to apply for growth capital via the Capchase app in the Xero App Store.”… Read More

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… Read More

Xero Ltd Is Acquiring LOCATE Inventory, a US Cloud enabled Inventory Management Provider

Xero Limited (ASX: XRO) has revealed that it’s acquiring LOCATE Inventory (the trading name of New Tack, Inc), a US Cloud-powered inventory management provider, in order to better support the inventory requirements of small businesses and improve its e-commerce capability. As mentioned in an update… Read More

Starling Bank Introduces Accounting Software Integration with Xero for Multi-Currency Business Accounts

If you’re running a UK-based business and routinely have to send, receive or hold euros or dollars, then Starling Bank’s multi-currency accounts can save you time, money, effort, and stress. Whether it’s sending payments to suppliers based in Italy or receiving payments from customers in… Read More

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