Here’s one for all the budding Xero analysts. When customers sign up to Xero we ask what their previous accounting system was. 45% of our customers selected an option.
As we have been going in NZ since day one, adding UK early last year, Australia in September and Global at year end the results are skewed towards New Zealand providers – through the UK is catching up fast.
For 47% of our customers we are their first accounting system. We’re really proud of that as we must be making accounting software that is easy enough for people to use.