Xero announcements fresh out of Xerocon Denver

Xero announcements fresh out of Xerocon Denver

Following a landmark year for Xero, which resulted in over 500 software updates, Xero today revealed new, innovative accounting tools at Xerocon Denver. Highlights of Xerocon’s first day included the release of Xero’s new Business Performance dashboard; the addition of new states for Payroll in Xero, including Colorado; and a number of new product features. There was excitement over the new Xero Apple Watch integration, following an on-stage demo showcasing the software’s seamless user experience across multiple iOS devices. In his keynote presentation, CEO Rod Drury also announced that Xero had reached a key milestone of 500,000 subscribers globally.

500,000 subscriber milestone
Xero is excited to announce it has surpassed 500,000 subscribers globally. Xero achieved its first 50,000 subscribers in September 2011 after five years in business. Subscriptions doubled in just 10 months and Xero reached the 100,000 milestone by July 2012. This momentum has continued, and four years on from that initial milestone Xero has grown its business ten-fold to become the preferred accounting platform for many small businesses, accountants and bookkeepers worldwide. In the last financial year alone, Xero processed over 55 million invoices and over NZ$300 billion transactions were paid through the Xero system in the past 12 months worldwide – demonstrating the power of the small business platform to deliver insights into the health of small business.

View the media release here: Xero hits half a million subscribers
Hashtag: #xero500K

Quote from Victoria Crone on this:
“Our customers are from a diverse range of industries and some from the most far flung places - really proving that we are a global company and that there is so much opportunity to enrich the lives and meet the dreams of small business owners all over the world,” said Victoria Crone, Xero NZ Managing Director.

Business Performance dashboard
The new Business Performance dashboard allows businesses to identify potential pain points or concerns early enough to take action. Released today, the dashboard’s reporting option provides a view of a business’s performance across a wide range of standard business metrics. This way, business owners and their financial advisors can easily view graphs of each metric. This simple, beautifully designed and integrated interface will fast become a critical tool for promoting effective, real-time decision-making within a business.

View the media release here: Xero puts financial data to work for small business

Apple iOS Integration
Xero is bringing new solutions to market that fully leverage the power and continuity of the iOS platform to deliver a seamless customer experience on the iPhone® and iPad®. Xero is also working with cloud leaders Vend and Deputy to deliver an unmatched retail-focused solution for small businesses that enhance mobility via iOS devices.

View the media release here: Xero to transform small business accounting across all Apple iOS devices

Product releases and new features
Enhanced Integration with Gmail
Xero is dedicated to creating solutions that seamlessly integrate with the tools businesses already use. As part of this promise to customers, the company is working to integrate email and contact records (initially via Gmail) into the Xero platform. Xero users will have the capability to choose a filtered view of their inbox in relation to a specific business contact. If an action requires follow-up, or an individual wishes to archive information for future reference, they can select to store a particular email in the activity stream for that contact. This new functionality will also allow for the creation of a new quote or invoice from within email.

Payroll in Xero expands to Colorado
Payroll in Xero revolutionises the way small businesses run their accounting departments, and now Colorado businesses are able to benefit from the seamless integration with accounting functions. Payroll software streamlines the accounting process by providing accurate employee timesheet management as well as worry-free payments with direct deposit or printed checks. Come tax time, businesses can file and pay federal and state taxes electronically with a single click.

Payroll in Xero is continuing to gain momentum with key states including California, Colorado, New York, New Jersey, and Texas.

View the media release here: Xero unveils next wave of innovation for small business and accounting professionals

ENDS

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