"Join the Party!" Article by Tina Zawila

Steve and I spent a couple of days in Sydney late last week at the annual Xero Conference “XeroCon”.  If you don’t know who/what Xero is, you soon will.  Forbes magazine earlier this year heralded Xero as the “World’s most innovative growth company”, and the company is growing at a blistering pace. 

So what does Xero do?  Quite simply, Xero provides “Beautiful Accounting Software”. 

At Sothertons Gladstone we have been using Xero with some of our clients for almost 2 years and it seems that all who use the online software love it, and so do we.

It seems that many other businesses in Australia are loving it too. 147,000 Australian businesses are now using the software, almost double the number from this time last year.

Managing Director Chris Ridd also informed the conference, “Xero is reaching significant scale, accounting for $54 billion in transactions in Australia alone. We processed over 10 million invoices in the last 12 months valued at $23.5 billion and 40% of those invoices were sent online. Xero also processed over $20 billion in payments, making the company a force in the financial services arena. ” Ridd also said Xero had transacted over one billion Australian dollars of monthly payroll for over 370,000 employees in the last financial year.

XeroCon was an opportunity for Steve and I to interact with the Xero team including the software developers, to learn what is due for release in the next 90 days and what we can expect in the next 12 months. There are certainly some exciting enhancements coming, that will continue to boost Xero’s reputation for building beautiful, easy to use accounting software.

If you want to join the party, call the professional team at Sothertons Gladstone on 07 4972 1300 and we will discuss how Xero can help you run your business with ease and efficiency