Tags: Accounting

Xero delivers on SSP and SMP promise

A blog by Jim Chidester, Director of Product Marketing – Global Payroll, Xero announced they have delivered some new features. These improvements focus on statutory maternity (SMP) and sick leave (SSP), two of the more complex areas for organisations. These updates were promised in an earlier blog that detailed all the other complete and planned…

Late payments harm SME’s

Xero recently carried out research among 517 small businesses in South Africa and revealed the impact of late payments on them. The research was carried out by Frontline Market Research, but similar results are seen in most other countries one suspects. Almost 50% of UK SME’s are paid late according to Bacs Payment Schemes Limited. The…

Intuit revises outlook for Q2 down a third

Intuit has posted an earnings warning for its second quarter earnings. It is keeping its full year forecast unchanged at present. Non-GAAP diluted earnings are down from the estimated $0.33-0.36 to $0.24-$0.25. This is a substantial drop but revenues are only adjusted from a range of $1.045-$1.065. to $1,010-$1,015. Competitive pressure or bad forecasting? It is easy…

Is the future bright for technology companies in the UK

… or Life after Brexit Britain’s thriving technological businesses is under close scrutiny since that day in June when Britain voted to leave the EU. Most in the digital sector favoured staying in the EU and now find themselves in unchartered territories. I remember speaking to a US games development company who were thinking of…

Xero deepens application integration

In a short blog by Steven Larsen, Head of Strategic Partnerships (Americas) at Xero, he announced that Zapier had deepened its integration with Xero. This announcement is significant in that it will enable better synchronisation of other tools and apps into Xero. The update applies to one of Zapier’s most popular integrations with Xero, the “Create…

Business Leader Interview: Gary Turner, UK and EMEA MD of Xero

Gary Turner is the Managing Director of Xero for UK and EMEA. He has been at the company more than seven years overseeing rapid growth in the cloud accounting space. Xero UK now has £25 million in revenues and more than 164,000 subscribers. We caught up with Gary and asked him his thoughts on leadership,…

Sage grows 5.1% but may divest payments business

Sage has issued a trading statement for the three months ending 31 December 2016, Revenue grew by 5.1%. This was due to growth in recurring revenue of 9.6%, driven by a 31% increase in subscriptions. Software subscriptions now stand at 1.1 million, across the portfolio. Looking forward they expect the full year to have a growth approaching…

Talking diversity with Jacqueline de Rojas

At the Sage Business Leaders conference in Dublin last week Enterprise Times caught up with Jacqueline de Rojas, Executive Vice President, Sage. As well as her role at Sage, de Rojas is also President of techUK. In both roles, de Rojas is a staunch supporter of diversity in the workplace. We took the opportunity to talk…

Hey Xero, who is the best accountant for me?

Finding an accountant for a small business is traditionally done by geography rather than suitability. Xero have changed that with the launch of the new version Advisor Directory. They have also launched a chatbot, Hey Xero. The directory aims to help companies find the best accountant, bookkeeper or advisor for them. SMB owners can enter…