Australian small businesses that increase their investment in technology grow their revenue and create jobs faster than other businesses, according to data from Xero Small Business Insights. The new research shows technology investment is directly associated with business growth. However, according to the research, Xero subscribers in Australia spend less

Doing the right thing often brings business benefits further down the track, says Xero co-founder and Executive Director Rod Drury. For example, the software company’s efforts to build a diverse engineering team over the last decade have put it in a strong technical position to develop artificial intelligence that avoids

The Australian government has worked with Xero and AlphaBeta to develop an online tool to let small businesses across Australia check if they are paying too much for energy. The Small Business Energy Check is built on a statistical model that uses data from Xero Small Business Insights (Xero SBI),

The complexity that comes with the growing martech marketplace is being mitigated by an increasingly popular “platform ecosystem” approach, according to Scott Brinker, one of the industry’s eminent voices. Sign up for Which-50’s Irregular Insights newsletter Brinker,  VP of Platform Ecosystems at CRM SaaS provider Hubspot, argued the point at

Xero has acquired document management solution Hubdoc for $70 million. The Toronto-based company is a leading data capture solution that helps accountants, bookkeepers, and small businesses to streamline administrative tasks such as financial document collection and data entry. Founded in 2011, Hubdoc is headquartered in Canada and has customers in the

Accounting software company Xero announced it has recently signed agreements with 100 Australian financial institutions establishing direct bank relationships. The deals are a major milestone in opening up banking, lending, and growth opportunities to Australian small businesses. Xero says its growing “Financial Web” now has the ability to connect to

Stripe Office

Xero and Stripe have expanded their online payment relationships by adding automated reconciliation a process that will help small business owners get paid faster. The integration gives Xero’s more than one million subscribers greater choice of payment services, more cash flow control and enhanced efficiency through automation, the companies said. Sign

Andy Lark

Andy Lark, CMO of Xero, is leaving the cloud-based accounting software firm following an organisational restructure. Xero is introducing what it calls a flatter organisational structure, with country managers in each geography reporting directly to the CEO. Download the CMO of Tomorrow report produced by the Which-50 Intelligence Unit Lark’s role of

Accounting software industry disruptor Xero today will become the exclusive sponsor for StartupAUS for accounting software, and and provide additional regular events organised by both organisations. Chris Ridd, Xero Managing Director, Australia, will join the StartupAUS advisory board and provide strategic direction and insight to the not-for-profit’s board of directors.

Cloud accounting disruptor Xero has hired former CBA Chief Marketing & Online Officer Andy Lark as its CMO. The news comes as Xero announced that it doubled the number of Australian customers using the platform in the past 12 months. Lark, along with the CBA’s Chief Information Officer Michael Harte,