Menu
Xero: NZ SMBs world-leading in cloud computing

Xero: NZ SMBs world-leading in cloud computing

2015 set to be a boomer with 40% of small businesses set to adopt cloud accounting within 12 months

New Zealand small businesses are adopting cloud accounting software faster than other countries, according to a recent study conducted by online accounting software provider Xero.

The study, which collected data from 1,622 small businesses around the world, found that 18 per cent of New Zealand small businesses were already managing their accounts using cloud software, compared with 11 per cent globally.

Of the New Zealand small businesses not using the cloud for their accounting currently, 42 per cent stated that they were either in the process of moving or looking to convert to cloud within the next 12 months, compared to 39 per cent globally.

Xero NZ Managing Director, Victoria Crone, says the results highlighted the increasing importance that small businesses worldwide are placing on mobility, ease of use and scalability of their business management software.

“The adoption of cloud accounting software is happening at a remarkable rate, especially here in New Zealand, with more than half of small businesses set to manage their accounts in the cloud by this time next year,” Crone says.

“We’re really at the tipping point with this research indicating that New Zealand is leading the way and set to really take off in terms of cloud accounting adoption in the next year.”

Xero has over 400,000 customers globally, with more than 120,000 based in New Zealand.

“New Zealand small businesses surveyed have overwhelmingly told us that mobility is the greatest advantage (64%) when considering cloud computing, followed by real-time syncing (38%) and security (37%)," Crone adds.

"We’re looking forward to continuing to build our small business user base and providing them with the benefits they are looking for with the cloud."

In terms of limitations, small businesses saw the reliability of internet performance (52%) perceived security issues with the cloud (52%) and the risk of technology failing (36%) as the most significant hurdles to cloud adoption.

“We’ve found that in fact, the biggest risk to a small business using their accounting files in the cloud is their own technology or internet connection – a gardener cutting the phone line outside or a computer dying,” Crone adds.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags xerosmbCloud

Slideshows

Top 50 defining moments of the New Zealand channel in 2016

Top 50 defining moments of the New Zealand channel in 2016

Reseller News looks back on a tumultuous 12 months for the New Zealand channel, assessing the fallout from a year of sizeable industry change. Whether it be local or global mergers and acquisitions, distribution deals or job changes, the channel that started the year differs somewhat to the one set to finish it - Reseller News assesses the key moments that made 2016.​

Top 50 defining moments of the New Zealand channel in 2016
​Hewlett Packard Enterprise honours high achieving NZ channel

​Hewlett Packard Enterprise honours high achieving NZ channel

Hewlett Packard Enterprise honoured its top performing Kiwi partners at the second running of its HPE Partner Awards in New Zealand, held at a glitzy ceremony in Auckland. Recognising excellence across eight categories - from distributors to resellers - the tech giant celebrated its first year as a standalone company, following its official split from HP in 2015.

​Hewlett Packard Enterprise honours high achieving NZ channel
Nutanix treats channel partners to Christmas cruise

Nutanix treats channel partners to Christmas cruise

Nutanix recently took to the seas for a Christmas Cruise around Sydney Harbour with its Australia and New Zealand staff, customers and partners to celebrate a stellar year for the vendor. With the sun out, they were all smiles and mingled over drinks and food.

Nutanix treats channel partners to Christmas cruise
Show Comments