- What does Xero do: A cloud based online accounting software that allows you to managing invoicing, bank reconciliation, inventory, purchasing, expenses, bookkeeping and more, Which in turn allows you to automate everyday business tasks, get up-to-date financials and run your business – from wherever you are.
- Xero Launch year: 2006
- Company Name: Xero Limited
- Xero Headquarters: Wellington, New Zealand
- Xero Founder: Rod Drury
- Number of Xero employees: 3000+
- How many people use Xero : 2 million+ subscribers
- Xero revenue: NZ $718.2 million
- Number of countries using Xero: 180 countries
- Net Profit of Xero: $ 3.3 M
- Countries that Xero has topped in google trends: New Zealand, United Kingdom, Australia, Brazil, Poland and then Turkey
- Top 5 Competitors or similar products: QuickBooks, Microsoft Dynamics GP, SAP ERP, Zoho Books and NetSuite
- Pricing: starts at $27.50 per month and offers free trials alone
- What makes Xero interesting: Xero integrates with 800+ business apps
- Awards: Won ‘Bookkeeping software of the Year’ from the Institute of Certified Bookkeepers UK; Top listed in the Forbes magazine as “100 most innovative growth companies”
- + One interesting news:
- Xero’s new integration with Relay enables flexible and intuitive banking for U.S. small businesses and their advisors.
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