Instantly see all your bank balances, recent sales & upcoming bills.
Xero is the emerging global leader of online accounting software that connects small businesses to their advisors and other services.
See your cashflow in real-time. Just login anytime, anywhere.
Invite others to view your accounts & provide real-time advice.
Work together as a team on financials. Unlimited users all for a low monthly fee.
Connects with your bank accounts making reconciliation simple & accurate.
Instant, up-to-date reporting with quick links to all the original transactions.
Create and send invoices automatically & get paid online.
Attach source documents to transactions so all your information is in one place.
The Xero Network Effect
Connecting small businesses, advisors and partners
Incredible things happen when small businesses connect to Xero. We call it the Xero network effect and everyday its helping millions of small businesses around the world to connect and thrive.
Xero Executive Summary
Underpinning the growth and profit of all small businesses is effective financial planning and accounting.
Xero is based on the principle that small businesses are highly sensitive to shifts in their balance sheet and cash flow. Their ability to monitor financial performance in real-time and plan ahead is crucial. Small businesses make up more than 90% of all businesses by number across OECD countries, so their success or otherwise has a direct effect on the greater economy.
At its core Xero is an easy-to-use but powerful online accounting system designed from the ground up. Xero provides a growing family of connected solutions:
– client accounting for small business available anywhere, anytime, and on mobile devices
– accountant tools for management reporting and final accounts production.
Software as a Service
Xero’s Software as a Service business model – where software is hosted securely on the internet allows Xero to address the large and fragmented small business market. Xero releases new features monthly. Additions and extensions to functionality are developed in response to the needs of new customers and new industries.
The size of the small business market is second only to that of individual consumers. Typically the consumer internet has reverted to non-direct, usually advertising-based, revenue models. In contrast, we believe the small business market provides the greatest opportunity for monetization on the internet and Xero is proving itself to be a leading innovator in this market.
Xero software is developed using Microsoft’s .NET development environment over resilient SQL server databases, on a Windows application server infrastructure. Our production servers are primarily hosted by Rackspace, a tier-one NASDAQ listed hosting provider, which monitors our servers and firewalls 24/7/365 at guarded facilities. Xero utilizes the global Akamai Content Delivery Network for faster performance to customers around the world.