Tags: Xero

Xero springs forward with updates

Xero has published a roundup of their March releases in a blog as the company continues to make improvements to its cloud accounting solution. The blog lists nine updates for March including end of year fiscal updates for payroll in Australia, New Zealand and the UK. Xero moves machine learning capability forward As showcased at the Xero Roadshow in…

Xero crosses million subscriber hurdle

Xero has announced that it has reached one million subscribers. In the last two years it has doubled its subscriber numbers, adding 300,000 in the last year alone. That growth has been helped by the rapid acceleration of numbers in the UK, as its market presence there matures. The bulk of its subscribers are in…

Xero helps SMBs turn on tap to let cash flow

Xero has announced integrations with three different financing firms. The news comes at a time when small business are finding the tap for loans is starting to open up. Biz2Credit revealed that the banks are increasing loan approvals, up to 24.1% in February 2017 (2016:22.8%). The new integrations include two companies that offer invoice financing,…

Will Neto be the new erp for SMB?

Neto has announced the expansion of its ecommerce software with the addition of advanced inventory for retailers. This expands the software to include real-time stock tracking, low stock alerts, and warehouse and suppler management. Neto is an all-in-one point of sale (POS), eCommerce, Inventory and fulfilment platform. It integrates with accounting software such as Xero…

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…

Quicken sprints to NetSuite

NetSuite has announced in a blog by Kimberly Odom, Director of WW Customer Marketing, Oracle NetSuite that Quicken has selected and implemented NetSuite Oneworld. Challenge of demerger On 31st March 31st Quicken officially became independent of Intuit. It sold the business unit to HIG private equity. Since then the company has had to separate its infrastructure…

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…

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…