Xero and PKF unite to enable better outcomes for small businesses
PKF awarded Xero Global Partner status, Xero becomes PKF’s preferred cloud accounting solution
London — 28 April, 2022 — Xero, the global small business platform, today announced it has entered a multi-year global partnership with PKF International to empower PKF advisors with data and insights that allow them to help their clients make more informed decisions for their business.
PKF has been named a Xero Global Partner, meaning Xero will become the preferred cloud accounting solution for PKF’s member firms around the world and their small to medium business clients. PKF is a global network of accountancy firms with 220 members in 150 countries, specialising in providing high quality audit, accounting, tax and business advisory services to national and international clients.
The combination of data and insights from Xero, and PKF’s highly skilled business advisors will enable PKF to offer a uniquely differentiated service to meet the evolving needs and expectations of small businesses around the world. Partnering at a global level will provide a consistent and scalable experience across PKF member firms so they can drive high quality outcomes for their clients.
David Bell, Executive General Manager Partner Sales at Xero said, “This partnership builds upon many years working locally with PKF firms and we’re delighted to take this next step together to enable more impactful outcomes for small businesses. There is real momentum in the accounting industry with global firms like PKF looking to enhance their services and connect more with their clients and each other. Xero’s cloud-based platform opens up opportunities for PKF advisors to drive proactive conversations with clients and help them make insight-led decisions.
“Xero and PKF are incredibly aligned organisations, with a people-first approach to serving small businesses. Partnering at a global and local level will enable us to maximise our meaningful impact on small businesses around the world. We are really proud of our joint success to date and look forward to what comes next.”
Theo Vermaak, Chief Executive Officer at PKF International said, “Our aim is to deliver a bespoke cloud accounting solution, leveraging technology, while getting closer to our clients and their businesses. We’ve seen fantastic results implementing Xero in some regions already and we look forward to building on this success and supporting our members to further digitise their practices and services. As a future-focused network, we see this collaboration as a natural next step to deepen our relationship with Xero and work together at a global and local level to realise our common goals.”
PKF member firms who participate in the global partnership will get access to a range of benefits that provide them with the best service and support from Xero. Xero will develop tailored resources and education for PKF advisors to help them gain a deep understanding of the benefits of cloud accounting and communicate these to their clients.
Xero is a cloud-based accounting software platform for small businesses with over 3 million subscribers globally. Through Xero, small business owners and their advisors have access to real-time financial data any time, anywhere and on any device. Xero offers an ecosystem of over 1,000 third-party apps and 300 plus connections to banks and other financial partners. For three consecutive years (2020-2022), Xero has been included in the Bloomberg Gender-Equality Index. In 2021, Xero was included in the Dow Jones Sustainability Index (DJSI), powered by the S&P Global Corporate Sustainability Assessment and in 2020, Xero was recognised by IDC MarketScape as a leader in its worldwide SaaS and cloud-enabled small business finance and accounting applications vendor assessment.
About PKF International
PKF International (PKF) is a global family of legally independent firms bound together by a shared commitment to quality, integrity, and the creation of clarity in a complex regulatory environment. The network’s 220 member firms operate under the PKF brand in 150 countries across five regions. PKF has 20,000 professionals providing high quality audit, accounting, tax, and business advisory solutions. The network is a member of the Forum of Firms, an organisation dedicated to consistent and high-quality standards of financial reporting and auditing practices worldwide. PKF International Limited administers the family of legally independent member firms and does not accept any responsibility or liability for the actions or inaction on the part of any individual member firm or firms.
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