Thanks for being part of the Xero revolution. We couldn’t have got this far without the incredible support of New Zealand’s small businesses, bookkeepers and accountants. We’ll keep bringing you new features, partnerships and products to help run your businesses, beautifully. But we’ve reached a point where our prices no longer reflect the strength of Xero and how much it’s transformed in the last two years – please read on to hear why we’re changing our prices and what it means for you.
From 1 December 2015, these price changes will come into effect:
All prices exclude GST, and current discounts and price protections still apply. Prices do not include payroll, and reflect the reduced premium plan rate effective 19 October 2015. Read about these changes on the Xero blog.
We know price increases are tough on small businesses. In the last eight years, Xero has made massive improvements and added many features, yet we’ve only increased our prices by $1 per month. We believe the new prices still offer great value, considering how much Xero has advanced and what’s to come.
We’re investing in innovation
We’ve channeled over $100 million into the Xero platform in the last two years and delivered a truckload of new features. It’s all aimed at saving you time and making life in small business more efficient, profitable and enjoyable. Because Xero lives online, updates and new features have been delivered automatically – unlike the clunky and expensive upgrades required for desktop software.
Highlights from our recently-added features:
- Online quotes – send quotes online, driving faster and more timely decision-making, helping to generate work and grow revenue
- Tracked inventory – track the value of your inventory and improve stock control, so you can make better decisions about what to buy and sell
- Cash coding – efficiently reconcile cash transactions in bulk, saving time and increasing accuracy
- Side-by-side files – enter transactions easily, faster and more accurately by seeing files alongside the records that need updating
- Financial web – building banking connections beyond bank feeds to being able to push payments directly from Xero through to banks. Live with ASB, TSB and KiwiBank, with more to come
- Xero for Android, iPhone, iPad, and soon, Apple Watch – receive notifications on your device when your bank accounts have been updated in Xero, giving you timely information to make decisions
- Billable expenses – easily track and on-charge expenses incurred on behalf of customers, helping cash flow and profitability
- Rural solution – access rural supplier feeds and specific farming functionality in conjunction with our partners
And we’re not stopping there
We’re committed to innovation and constantly improving what we offer our customers. Here are some of the features we will launch in the coming months:
- Invoice reminders – get paid more easily by automatically prompting customers that an invoice is due and reminding customers if invoices are overdue
- Improvements to contacts (with Gmail integration) – get a customer-centric view of your customers, helping to improve relationships, retain customers and grow new business
- Search – save time by searching across all transactions (except payroll) and contacts in Xero, and quickly navigate to the information you need
Plus there’s much, much more in the pipeline.
Partnering with the best in business
We’re focused on forging partnerships with local and global companies that bring dramatic time-savings and new opportunities to Xero customers.
We’ve brought our customers the power of world-leading platforms through partnerships with Microsoft, Apple and Google. With Xero Business Connect, users can receive invoices direct to their Xero account from some of New Zealand’s biggest companies, like Z Energy, Meridian Energy, and The Warehouse. We’ll soon team with Paymark to eliminate paper EFTPOS and credit card receipts in New Zealand and with Veda to build a new business directory to search and verify business credit and contact records within Xero.
We’ve also been working to simplify how Xero customers interact with the government, Statistics New Zealand and Inland Revenue on initiatives like NZ Business Number.
For more information about the price changes, see the FAQ’s, and feel free to ask questions in the comments section of the blog below. If you have further questions or require help, please contact the Xero team.
Managing Director, Xero NZ