Cloud software companies Vend and Xero have announced a new partnership agreement to be preferred providers of services to their customers.
The collaboration sees the New Zealand-based companies formally unite under joint business and product development goals in key international markets for the first time.
After first integrating in 2010, and already sharing thousands of customers worldwide, under the agreement, both companies will pursue a range of product updates and joint marketing activities, to deliver an end-to-end solution for small business retailers.
“Some 30 percent of Vend customers in New Zealand and Australia already connect to Xero, and we want to accelerate this growth in other markets too, such as the UK and USA,” says Alex Fala, CEO, Vend.
“We’ve been working hard with Xero to develop a truly innovative offering for retailers, one that makes it easy to take advantage of the benefits of moving business operations into the cloud.”
Vend provides point-of-sale, inventory and customer management for retail, while Xero operates as an accounting and payroll software provider.
Fala says sales, customer and cash-flow data is shared in real-time between the two systems, which reduces the overheads and administration required to run a small business.
Both companies are also partners in Apple’s Mobility Partner Program, and have been working closely with Apple to leverage mobile and iOS to innovate the customer experience.
“We don’t think of software as creating a solution but as an ecosystem that makes everyone’s business better,” adds Rod Drury, CEO, Xero.
“Partnering with Vend helps us deliver on that vision. Integrated cloud apps are the future for businesses and with cloud accelerating globally, it's an exciting time in the industry.”