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Annual Meeting 2014 – our biggest yet

The event we look forward to most at Xero is our Annual Meeting. It’s when we get a chance to meet our shareholders face-to-face and show them what we’ve been doing, how the business is going, and what our plans are for the next year.

We had a great turnout this year– with a huge number of shareholders present and some big news to share.

The video below shows some excerpts from Chairman’s and CEO’s presentations:

Thank you

To our valued shareholders – thank you so much for your on-going support. We’re all very excited about where we’ll be in the next 12 months.

 

Warehouse Stationery integration announced

Warehouse StationeryI’m excited to share that we have new partnership with Warehouse Stationery as part of our vision to connect small business to big business.

The integration will go live in mid August, it will allow Xero customers to receive invoices from Warehouse Stationery directly into the Xero platform.

Small businesses will also be able to easily pay their Warehouse Stationery bills direct to their bank through our Xero Banking 2.0 initiative, which has already gone live with ASB, KiwiBank and TSB.

We know that cashflow is paramount for small businesses, and this latest innovation reduces time consuming manual entry, enabling small businesses to get a faster view of their cashflow position.

Warehouse Stationery is becoming a leader in digital business, and we’re super excited to have this major New Zealand brand on board.

There is so much potential for big businesses to work with small businesses to deliver dual benefits, and this is another example of home grown Kiwi innovation that, once proven locally, will be taken globally.

 

 

Payroll in Xero – July Update

Today we’ve released the latest changes to payroll and we also wanted to take this opportunity to share with you whats coming soon as we continue to see increased usage of payroll in Xero.

US Payroll

You’ll notice an updated Payroll Overview design that shows what needs your attention – time off requests or timesheets that need approval or pay runs that need paying. We’re also showing Taxes & Filing obligations to ensure you file and pay your payroll taxes on time. Overdue obligations are always shown as well as upcoming filings or payments. The overview header bar provides you with quick links to common tasks like adding a new employee and other useful information around your payroll.

US Payroll Overview

We’ve also updated the Employees list, New Employee and Employee Details screens to improve the flow and make them easier to navigate. The employee header now provides  Continue reading ›

 

A proven need for mobile optimization

People are moving from desktop to smartphones and tablets, and they expect the businesses they use to be moving right along with them.

This means it’s a requirement for small business, and not just the large corporations, to invest in mobile optimization for their websites.

A click is not the same as a tap, and a mobile screen is a much smaller canvas to operate on than a monitor. Mobile users are even more demanding of a simple, beautiful experience, so it’s not as simple as shrinking your site down to fit on a phone.

mobile optimization

While price, convenience and choice are all motivational factors for consumers buying online, you can be sure if you’re not capturing mobile traffic, you’re missing out on sales. In fact, having a mobile ready site could give you the edge over competitors who haven’t yet embraced he trend. Continue reading ›

 

The next evolution in QuickBooks conversions

Around here, we want to make it super easy for you to move your existing clients to Xero. Why? Because we want you to leverage a beautiful accounting platform built for the cloud. Practitioners who are tired of forced migrations, sloppy upgrades and a confusing interface are now only a few clicks away from leaving it all behind for Xero.

“The conversion tool is awesome. We can convert a client’s existing file and bring over the year-to-date work and keep them operational with minimal time delay and no duplicate data entry.” – Mariah C. Venus, Director of Operations, BookKeeping Express.

With the release yesterday, Xero US Partners can submit a QuickBooks Pro, Premier, Mac or Online data file for automatic conversion.

Anytime, anywhere: It’s that easy

Feel free to convert a file anytime, anywhere. Simply follow these steps:

From within My Xero:

  • Select “Add organization.” You will be given the option to upload a file. When you select QuickBooks from where you are converting from, you will be able to choose your file for conversion.
  • Upload the file. We will email you an invite to view your newly, fully-populated Xero organization.

Continue reading ›

 

A new release: Little things make a big difference

Hey, I’m Matt. Following on from Penny’s recent post about a release, I’m the other Product Owner in our ever-growing Sniper team at Xero. Some of you may know me from my previous roles at Xero with implementation and sales. Naturally, it’s a great move for me to change things up after six years and get one step closer to our product’s engine room. It’s also great to be directly contributing to product decisions after having spent so much time at the coalface working with Xero inside small businesses and accounting firms.

As many of you know, the Sniper team are tasked with the development of a range of smaller (and increasingly larger!) features to make life a little easier for all our customers.

I wanted to give you a bit of background on some of the highlights from today’s release.

  • Edit standard layout for remittance advice – when sending remittance advices to suppliers, you now have the option of including branding, such as a logo, and displaying an alternate address.
  • Bank reconciliation improvements – Xero has always helped you reconcile transactions by automatically suggesting coding options – this is great when you code similar transactions the same way every time. However, in some cases, this isn’t necessarily what you want, so you can now control this behaviour by turning off (or on) the ‘Suggest previous entries’ option for your organisation by bank account.

Bank reconciliation in Xero Continue reading ›

 

Australian payroll reaches one billion dollars per month

In June 2014, we reached the huge milestone of processing over one billion Australian dollars per month of Australian payroll with employers paying over 200,000 employees. This was the first time we’ve gone over that amount in one month and it continues to grow!

Australian Payroll Billion

Over 350,000 employees, approximately 3% of the working population of Australia, were managed by Australian Payroll in Xero in the last financial year. We’ve seen amazing growth in both the number of businesses and amount of Australian payroll processed using Xero.

 

End of Financial Year Payroll

Your feedback from the EOFY release has been mainly positive and thank you to everyone who has taken the time to share your thoughts, it helps us help you better in the future. If you still need to submit your report to the ATO we have a recorded version of our EOFY Payroll training available here. The PAYG Payment Summary Annual report must be lodged with the ATO by the 14th August. Continue reading ›

 

Xero welcomes Single Business Number for all NZ businesses

The Hon. Steven Joyce, nbnMinister for Economic Development and The Hon. Craig Foss, Minister of Commerce have today announced a Single Business Number for all businesses by 2017.

The Government has committed to introduce legislation early in the next term that will specify the deadline and extend the ability to allocate the NZ Business Number to all NZ businesses.

Xero will invest to bring the benefits of a Single Business Number to our (already) over 100,000 small business customers in New Zealand. We’re excited by the opportunity for the private sector to work alongside Government to reduce the costs of compliance for small businesses and create entirely new services over the business number that will streamline business.

We’re super proud to have been behind this since the beginning. This next step builds on what we talked about at the launch of the Single Business Number and at Xerocon earlier this year, so we really welcome today’s announcement by the government to broaden and include all businesses, such as sole traders.

Businesses will only have to provide their information once, rather than different information to a host of government agencies – reducing costs and generally making it easier for businesses interacting with government agencies. It’s also very exciting that there is a view to link with similar initiatives in Australia.

Today’s announcement reflects a new wave of thinking that Xero is right behind – working with Government to make life easier for small businesses and give them every opportunity to prosper.

 

New direct feeds from Silicon Valley Bank

We’re pleased to announce our second direct Silicon Valley Bankbank feed in the United States from our friends at Silicon Valley Bank.  Silicon Valley Bank is well known to the San Francisco start-up industry, and has been a popular choice for California’s leading technology businesses and investment community.

By linking Xero directly with SVB’s online banking platform, you get reliable overnight delivery of the prior day’s bank transactions directly within Xero.  As a result, you can make smart business decisions by getting an accurate and comprehensive view of your finances, without the hassle and costly mistakes caused by out-of-date cash flow balances.

Silicon Valley Bank has also recently launched operations in the United Kingdom, and we’re pleased to report that UK customers will also soon be able to apply for bank feeds with Silicon Valley Bank, giving us our second direct feed in the UK.

Continue reading ›

 

Xero MD Chris Ridd featured on Qantas radio

Xero Australia MD Chris Ridd recently gave an interview to Alan Kohler for his Talking Business show on Qantas inflight radio. Chris talks with Alan about the growing interest in cloud accounting and the value of Software as a Service. He discusses the momentum we’re seeing in Australia, and the increasing number of customers signing up to Xero every business day.

The interview will be played on all Qantas domestic and international flights during July. Or you can listen to Chris’s interview online.

Xero Australia MD Chris Ridd on Qantas Radio

Continue reading ›